All 2 entries tagged Rdm-Pma

View all 7 entries tagged Rdm-Pma on Warwick Blogs | View entries tagged Rdm-Pma at Technorati | There are no images tagged Rdm-Pma on this blog

April 22, 2012

Outcomes

So much of emphasis is given on taking the robust decisions but it is the outcome which every person runs after . We as a student are more concerned about our marks rather than analysing our decisions taken during the course of work . If the outcome is good , than a decision taken is considered robust but that might not be the case everytime , we cannot judge the decision just by its outcome. We might have taken the right decision even when the outcome is not good .It can be that a decision taken might not give the best outcome that time , it might give later on , so saying that decision was not robust is not right. These decisions are so subjective that the outcomes really should not be the ultimate answer.


Decisions under uncertainity

As i went through various articles , many of them spoke about making decisons under uncertainity . IT says that decisions get tougher when the situations are uncertain and not predictable. But , it jus brings a qestion to my mind-when is a situation certain. When can we predict a situation that no matter what it wil give us exactly what we expect.

For Example - In a cricket match we choose the right player ,doing all kind of permutations and combinations , depending on their skills . The selectors thinks that they have taken a robust decision of selecting the players but still the team looses , so how can we say that we are at any time certain about our decisions , no matter how robust the decision is .

The degree of uncertainity might vary but all every problem is uncertain and decisions cannot be completely guarenteed that it is certain.


November 2014

Mo Tu We Th Fr Sa Su
Oct |  Today  |
               1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Search this blog

Tags

Galleries

Most recent comments

  • Sometimes giving up is the solution to a problem. Instead of playing the hero admit that it was to h… by Rasmus Gejl Kristensen on this entry
  • couldn't agree more :D giving up is no option, that's why I realize motivation and team interaction … by Ungsutorn Thavornlertrat on this entry
  • Well I don't think you can firmly conclude on that because you haven't tried other universities and … by Daniella Abena Badu on this entry
  • Even though we a cannot guarantee the outcomes of any decision we can make decisions based on probab… by Daniella Abena Badu on this entry
  • Luckily, all the tools we used have the same outcome, although they were used with our biases. I thi… by Ilektra-maria Kaldi on this entry

Blog archive

Loading…
RSS2.0 Atom
Not signed in
Sign in

Powered by BlogBuilder
© MMXIV