Tag Archives: Decision Trees

Understanding Decision Tables in Business Analysis

This post if from our PMI-PBA Business Analysis Certification course. Start training today! Decision Tables are a form of rule models for Business Analysis and are in important part of analysis solicitation in PMI-PBA Certification. They are the way we represent requirements or information gathered. A Decision Table is the same concept as the Decision … Continue reading Understanding Decision Tables in Business Analysis

Decision Trees in Business Analysis PMI-PBA (Fast Food vs Fine Dining?)

This post if from our PMI-PBA Business Analysis Certification course. Start training today! This is a simplified nautical explanation of Decision Trees to help represent some of the features that PMI and/or IIBA reference when they’re taking about decision trees. We’ll go a little further into this.   The concept is that you’re going to … Continue reading Decision Trees in Business Analysis PMI-PBA (Fast Food vs Fine Dining?)

Decision Trees: A Common PMP Risk Analysis Tool

With the release of the Project Management Body of Knowledge (5th Edition), several knowledge areas are expanding.  PMBOK (4th Edition) expanded the Risk Management Knowledge area by acknowledging the value of both insurable and business related risk.  Business related risk introduces the probability of enhanced value due to opportunistic risk outcomes.  Within the arena of … Continue reading Decision Trees: A Common PMP Risk Analysis Tool