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Management & Leadership vocabulary · Decision Making

Decision tree

Meaning in management & leadership, with examples

nounCommon term

In management & leadership, decision tree means: A branching representation of choices, possible events and outcomes used to examine a decision.

In Turkish: karar ağacı

How it is used

Use for sequential choices and uncertain outcomes; probabilities or values may be added when justified.

Example sentences

  1. The decision tree showed how a delayed permit would affect each location choice.

    Branches connect an uncertain event to the consequences of different choices.

  2. We revised the decision tree after discovering that one supplier could provide a trial batch.

    A new option changes the sequence of possible decisions.

Common collocations

  • draw a decision tree
  • decision tree analysis
  • decision-makingThe process of choosing between different options, including collecting information, weighing risks and benefits, and agreeing who makes the final choice.
  • risk assessmentThe process of identifying what could go wrong in a plan or activity, judging how likely and how serious each risk is, and deciding how to reduce it.

More terms: Decision Making

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