Overview of Decision Problem

Introduction – Overview of Decision Problem
Problem Statement
Describe the nature and scope of the problem selected, its history together with causes and the outcomes of any previous attempts to deal with it. Briefly introduce the key decision elements – objectives, alternatives, consequences, and uncertainties; details are to be discussed in subsequent sections.
Consider specifically addressing the following:
• What is the general nature of the problem?
• What event triggered the situation?
• Are we imposing any constraints on the situation?
• What are the underlying elements of the problem?
• Are there dependencies on other decisions?
Objectives
Describe stakeholders and their interests in the problem situation. Explain each objective in detail. A minimum of three objectives is required.
Consider specifically addressing the following:
• Wish List: Summary of what you want from your decision.
• Possible Outcomes: Good or Bad
• Impact: What could be the impact on others?

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