This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.

Decision trees (DTs) and influence diagrams (IDs) are used in many project management decisions. Understanding when and how to use these tools is a vital part of the project management role. Using what you have learned, answer the following questions:

• What is uncertainty? Explai the steps involved in creating a decision model.
• What are the advantages and disadvantages of DTs and IDs?
• Explai how you may use DTs and IDs in project decisions.