How to create and use decision tree analyses in Excel

How to create and use decision tree analyses in Excel

HomeDavid McLachlanHow to create and use decision tree analyses in Excel
How to create and use decision tree analyses in Excel
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How to make a decision tree in Microsoft Excel PLUS how to use it. This is a wonderful tool for more complex decisions where we consider the benefit or cost (often in dollars, but it could be anything) and the probability of that point occurring (as a percentage) to see which option out of many options is the best outcome for us.

time stamp
00:00 Decision Tree Overview – How to use a decision tree
03:05 Creating our own decision tree
03:27 Creating the decision tree shapes
07:38 Using the shapes to create our decision tree
10:16 Finished decision tree

#ProjectManagement #Excel

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