Evaluation

Evaluation is the second and most algorithmic stage in using formal attention-focusing and decision methods (and in decision analysis in particular). The objective of the evaluation stage in an attention-focusing method is to rank the elements of the decision basis in order of importance; the objective of this stage in a decision method is to produce a formal recommendation for action and associated sensitivities from the decision basis.

See also: appraisal, decision analysis cycle, decision theory and formulation.