peopleanalyst

Decision check · value of information

Is this analysis worth doing?

Information has a price — and it’s worth buying only up to the point where what it saves you beats what it costs to collect. Sometimes a decision is a genuine coin-flip with real money on it, and analysis pays for itself many times over. Sometimes you already know enough, and the honest move is to just decide. Most tools will always tell you to gather more data; this one won’t. Six questions, from memory. No signup, no data. At the end you get a read on whether reducing this decision’s uncertainty is actually worth it.

Question 1 of 6

How big is what's riding on this decision?

Order of magnitude is fine — a guess counts.

This is a directional verdict from your impressions, not the number. The actual value of information — what reducing thisuncertainty is worth, in dollars — is computed from your own magnitudes in a decision-support engagement. The thinking behind it.

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