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“The process of developing and using criteria to select from choices that appear to be fairly equal.”. 1. What am I trying to decide? (Identify the decision). Decision Making Model. 2. What are my choices? (Identify Alternatives).
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“The process of developing and using criteria to select from choices that appear to be fairly equal.”
1. What am I trying to decide? (Identify the decision) Decision MakingModel 2. What are my choices? (Identify Alternatives) 3. What factors will influence my decision? ( Identify the criteria) 4. What are the facts?(Determine/weigh the advantages/disadvantages of each criteria) 5. What is your decision? ie. Make a Choice ( choose the best alternative based on the criteria) 6. Was this a good decision? (Evaluate your decision)
Example of Decision Making Model a. George Brown b. Niagara c. Georgian 1. Identify the Decision : Where should I go to college after I graduate high school ? 2. Identify the Alternatives:
Example continued 3. Identify the Criteria: a. LOCATION b. COST c. PROGRAM d. FRIENDS e. ADMISSION REQUIREMENTS
Example continued 4. THE FACTS ! 4. a. LOCATION George Brown – downtown Toronto, live at home , commute 1 hour each way by GO, no Res. Niagara – in Niag. on the Lake/St. Catharines, 2 hours away, live in Res. Georgian- in Barrie, could live at home and commute by car -40 minutes or live in Res. RANK : GB 1 , G 2 , N 3
Example Continued 4b. COST ( assume books/etc. are equal) George Brown – tuition $3000 commuting $3000 = $6,000 Niagara – tuition $ 3200 Res and meal plan $7000 = $10, 200. Georgian- tuition $3500 commuting by car $ 4000 = $7500 Rank : GB 1, G 2, N 3
Example Continued 4c. PROGRAM George Brown – 2 YEARS, CO-OP IN YEAR 2 Niagara –3 YEARS, CO-OP IN YEAR 3 Georgian-2 YEARS, NO CO-OP Rank : GB 1, N 2, G 3
Example Continued 4d. FRIENDS George Brown – No friends going . Niagara –one friend from HS going . Georgian-best friend going. Rank : G 1, N 2, GB 3
Example Continued 4e. ADMISSION REQUIREMENTS George Brown – 80%, Eng & Math , minimum 75% in Math Niagara –75 %, Eng & Math, minimum 70% in each Georgian- 85% , Eng & Math, minimum 80% in each. Rank : N 1, GB 2, G 3
Decision-Making Chart George Brown Niagara Georgian in Barrie, could live at home and commute by car -40 minutes or live in Res. downtown Toronto, live at home, commute 1 hour each way by GO, no Res. in Niagara on the Lake/St. Catharines, 2 hours away, live in Res. • Location tuition $3000 commuting $3000 = $6,000 tuition $ 3200 res and meal plan $7000 = $10, 200 tuition $3500 commuting by car $ 4000 = $7500 • Cost 2 years, co-op in second year 3 years, co-op in third year 2 years, no co-op • Program One friend from high school going No friends going • Friends Best friend going 80%, Eng & Math , minimum 75% in Math 75 %, Eng & Math, minimum 70% in each 85% , Eng & Math, minimum 80% in each • Admission Requirements