Decision trees first appeared in 1968 but there has recently (in the last 10 years) been a rebirth in the use of this technique. Thinking as a strategic planner, why do you think there has recently been a rebirth in decision trees as a risk management tool?

Why is risk measurement and risk management so important? 

What is more important -- the measurement or the management of risk?

Answer rating: 100% (QA)

The resurgence of decision trees in the last decade for risk management likely stems from several factors Advancements in Technology With the evolutio... View the full answer