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DECISION MAKING AND RISK

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by

Re Dd

on 26 November 2017

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Transcript of DECISION MAKING AND RISK

DECISION MAKING AND RISKS
DECIDING & DECISION MAKING
BASED ON EMOTION
VERSUS
STEP-BY STEP PROCESS KNOWN AS "Judgement Concept"


POSITIVE CAPABILITIES
Skill
Creative
Innovative
Coping with new situations
MECHANICS OF DECISION MAKING
SOP
DODAR
DIAGNOSIS
TIME IS ON YOUR SIDE!
IMPLEMENTED WITHIN THE TIME AVAILABLE
STRETCH YOUR TIME AVAILABLE
BE PREPARED
DECISION MAKING MEANS MAKING A CHOICE
1. The aim

2. The personal preference
DODAR
DIAGNOSIS
OPTIONS
DECIDE
ASSIGN
REVIEW
DODAR 2.0
DIAGNOSIS
+ AIM & TIME & COLLECT INFO & ASSESS RISK
OPTIONS
+ DEVELOP & EVALUATE
DECIDE
+ SELECT
ASSIGN
+ IMPLEMENT + CONSEQUENCES
REVIEW
+ FEEDBACK
DIAGNOSIS
RISK MANAGEMENT
EXTERNAL RISK
INTERNAL RISK

RISK FACTOR
ERRORS
Confirmation bias
Probability
Saliency
Overconfidence
Fatique/overload
Denial
LIMITATIONS
Attention
Stress
Lack of experience
Full transcript