Should I carry an umbrella today or not? Will I get this job or not? Is this project A better than project B? How many times have you asked these questions to yourself? There are several instances when you need to take important decisions in your life – trivial or major. Sometimes, it can be as trivial as wearing a particular shirt or choosing a specific vehicle. At other times, it can be as major as taking an important life decision in terms of career or employment.
During those moments, you need to stop thinking and working the chances within your mind. Instead, make use of decision trees that give accurate results and can also be used for future reference. This post lists some of the readily available templates to prepare your decision trees.
Infographic decision tree template Powerpoint
When you work in an organization where you need to take critical decisions, it is essential to make use of an infographic design. This not not only makes it easier to also present to the stakeholders and enclose in the project report at a later time.
Now, let us understand how they are created. In general, a decision tree diagram always has a starting point which is the goal. For every decision (Yes or No), there is a probable outcome.
Based on the outcome, the subsequent decision is taken. The advantage of using an infographic decision tree is that it is colorful and can easily reach the audience when compared to the traditional template just like a Market Analysis Template here.
Blank decision tree Excel Templates
If you are new to the concept of a decision tree template, you should always begin with the blank template. You are guided in every step that you take and you can achieve desired outcomes.
As we talk about these decision trees, it is essential to know about the top-down and bottom-up approaches. Sometimes, we know the outcomes and never knew what can be the starting point for them. In such cases, the bottom-up approach allows us to go from the outcome to the goal.
The top-down approach is widely used to estimate the statistical chance of an outcome. This approach is useful when you need to know the likelihood of an outcome and prepare the team to handle the same with a contingency plan. Another approach would be bottom-up approach, but in this case the former one is considered to be better and more effective than the later.
Yes or no decision tree templates
The easiest and commonly used format of a decision tree is the YES or NO approach where there are just two outcomes for a given case – Yes or No. This is a structured approach that can be easy for even a novice person using it.
Also, another advantage is that this can be used to take day-to-day decisions in life as well similar to a SWOT Analysis Template Word.
In these type of decision trees, the whole diagram is based on whether the answer to a question is yes or no. Depending on the answer, they suggest different paths than can be taken by the decision maker in order to reach different conclusions. So, basically the tree asks the person questions and based on his/her answer it presents them with solutions to their dilemma.
Decision making is a part of our lives. When they are structured, they add better values and improve the accuracy of the outcomes.
Right from a simple shopping decision to a major career decision, a decision tree keeps the person informed of the likelihood, possibilities, and consequences so the person is ready to face them. It’s very important to make use of these decisions in order to grow in life and to be on the right track be it professional or personal life.
The templates listed in this article are meant to serve and help those who make decisions regularly and create the experience hassle free. These printables will help you make the right choices in life by comparing both the positive and negative aspect of it. Make sure you download, customize and share our great design choices with other so they may also download them.
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