PMP Exam Set D – Q17

Decision tree analysis is used to calculate the average outcome when the future includes scenarios that may or may not happen. What is the input and output in a decision node?

A. Input: Cost of each decision Output: Probability of occurrence
B. Input: Cost of each decision Output: Decision made
C. Input: Scenario probability Output: Expected Monetary Value (EMV)
D. Input: Cost of each decision Output: Payoff

B. Input: Cost of each decision Output: Decision made