Risk Tree for pc

Download Risk Tree for PC

Published by Tony Turner



Risk Tree Description

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1. For complex investment decisions, a different representation of the information pertinent to the problem—the decision tree—is useful to show the routes by which the various possible outcomes are achieved.

2. In addition to the translation of management's experience and intuition into hard numbers, the value of this process lies in its ability to clarify thoughts and provide a disciplined and rigorous framework for assessing a given endeavour.

3. The only decision tree app on the AppStore which is designed specifically for business management.

4. The decision tree created is then analysed and a set of expected outcomes are presented together with their probabilities of occurring.

5. Each question has a 'yes' or 'no' answer together with an associated probability and each decision has possible rewards and/or costs associated with it.

6. " - and arrive at a series of decisions - "hire outside experts to help"; "proceed with in-house development"; "explore possible bid partners".

7. Ever had to make a critical business decision based on a hunch or feeling about its success or failure?

8. This quantifies and solidifies management's feeling about the endeavour and helps to understand the routes to success more clearly.

9. A detailed bid/no-bid example tree is included in the app which can be used as the basis for your own tree or simply to understand how the process works.

10. The flexibility also allows any probability to be updated when new information comes in with the impact on the expected outcome being instantly available.

11. The app allows you to save a file to your device, your local work network or a cloud storage service that you are subscribed to.



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Tony Turner

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Frequently Asked Questions

Can I download Risk Tree for free?

Yes! You can Download Risk Tree from official sites for free using our site.


Can I use Risk Tree on PC?

It is easy to use the Risk Tree app on PC and it works on Windows and MAC. A free tutorial is available to help you get started.


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