Policy Process Decisions

Policy Process Decisions - Policy Process Decisions...

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Policy Process Decisions Tuesday, November 16, 2010 11:05 AM Everything counts Bad decisions can be fixed o Success is going from failure to failure with enthusiasm Decisions are only as good as the information upon which they are based When you tackle serious problems, the first and last decisions you make concern the quality and the quantity of your information o Information gap: Are you willing to expand your resources to improve your information Information Foundation for Recommendation o Rationale for problem choice o Rationale for alternative choice Warning - All alternatives mush be viable, including the status quo if you add it as a proper alternative Kinds of Information o Certain o Probabilistic o Uncertain Sensitivity analysis means looking as what happens when you include: o What you left out o A different allocation of weights Expected value o Probability times Cost - Outcomes for various branches of the tree Probabilistic Sensitivity
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Policy Process Decisions - Policy Process Decisions...

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