Examlex
A difficulty in applying this approach is identifying all possible stakeholders impacted by the decision:
Eliminate Uncertainty
Eliminate uncertainty involves taking steps to remove doubts and unpredictability in situations, often through gathering information, planning, and risk management.
Group Decision Making
A process where members of a group collectively analyze problems and look for solutions, aiming to reach a consensus that reflects the input and perspective of the entire group.
Probabilities
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Reliable Historical Data
Trustworthy and dependable data from the past, used for research, analysis, or decision making, which has been accurately recorded and preserved.
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