Selected aspects of the decision-making process

The paper presents key elements relevant to decision-making in construction. The structure of the decision-making process (from problem formulation to the selection of an optimal solution) is presented, and the stages of the procedure are discussed. Selected decision-making situations and the main factors influencing the decisions of an expert-decision-maker are presented.1. INTRODUCTION
Decision theory plays a significant role in scientific research. It describes specific problem situations (decision problems) in which a decision-maker (subject) is faced with the necessity of choosing one of many decision variants using available decision-making methods and techniques. A decision, on the other hand, is the result of a sequence of interconnected actions (a course of action) aimed at solving a specific problem. Within the decision-making process, the decision-maker makes a conscious choice of one variant from among many possibilities based on the information available about them. In decision theory, two main streams are distinguished – normative and descriptive
[2], [10], [11], [12], [26], [27].
The normative (quantitative) direction is associated with determining the optimal solution (bringing the greatest benefits or minimizing losses), mainly using mathematical methods. (…)

Selected aspects of the decision-making process – PDF file for download