What is Decision management ?

 Posted by Niladri.Biswas on 6/11/2013 | Category: Others Interview questions | Views: 1064 | Points: 40

Decision management is a process or set of processes for improving and streamlining action items. An action item defines work that needs to be completed.
The goal of decision management is to improve the decision making process by using all available information to increase the precision, consistency and agility of decisions in order to make make good choices, taking known risks and time constraints into consideration.
Decision management systems treat decisions as reusable assets and introduce technology at decision points to automate the decision-making process. Decisions may be fully automated or they may be presented as possible choices for a human to select

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