Problem solving - The process of identifying and choosing alternatives based on the values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action., Decision making - Consists of using generic or ad hoc methods in an orderly manner to find solutions to problems., Algorithm model - These systems often rely on the analysis of large amounts of personal data to infer correlations or, more generally, to derive information deemed useful to make decisions, PMI - A brainstorming, decision making and critical thinking tool. It is used to encourage the examination of ideas, concepts and experiences from more than one perspective, Six Thinking Hats - A good decision making technique and method for group discussions and individual thinking, Pessimistic rule - Choose the option that results in the highest possible outcome for the least likely option (worst-case scenario), Optimistic rule - Choose the option that results in the best possible outcome (best-case scenario), Expected value rule - Choose an option based on an estimate of the likelihood of a situation occurring (what-if scenario), Opportunity rule - Consider the likely or potential opportunities that could be lost by applying any of the other rules (lost opportunities scenario),
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Decision making and problem solving
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