Decision Tree for Decision Making

Overview

What's behind the decision tree?

Gain a deeper understanding of how resources are allocated under uncertainty and acquire the tool that provides analytics to managers for planning and controlling. By focussing on probability techniques, you can evaluate each choice under uncertainty and identify unique opportunities to learn management practices and strategies to make effective business decisions.

Value added topics:

• Probabilities and expected values
• Decision trees
• The value of information

This is a standalone course but if you're interested in more of this type of learning while earning a designation, explore the CGMAr Finance Leadership Program.

Highlights

Key Topics

• Probabilities and expected values
• Decision Trees

Prerequisites

Decision making under risk and uncertainty

Designed For

Who Will Benefit

• Global accounting and finance professionals
• Management accountants
• CPAs in public practice Consultancy firm professionals

Objectives

Learning Outcomes

• Determine appropriate inputs for, and outcomes from, decision trees.