What type of analysis provides a clear view of both expected and unexpected outcomes during decision making?

Risk analysis is the type of analysis that provides a clear view of both expected and unexpected outcomes during decision making. This analysis involves identifying potential risks that could impact a project or decision and assessing their likelihood and potential impact. By understanding both the expected outcomes and the variations that could lead to unexpected results, decision-makers can implement strategies to mitigate risks and capitalize on opportunities.

In the context of decision making, risk analysis not only evaluates the probable outcomes but also considers worst-case scenarios and uncertainties, allowing for a more rounded understanding of the potential implications of choices made. This proactive approach is essential for informed decision making, particularly in uncertain or volatile environments.

Other types of analysis serve different purposes. Qualitative analysis focuses on subjective assessments and insights, rather than numerical data related to risks. Comparative analysis typically involves evaluating similar entities or situations to draw conclusions but doesn’t inherently address the uncertainties. Trend analysis examines historical data to identify patterns, which is helpful for forecasting but doesn’t explicitly account for risks and their unexpected effects.