Decision trees are structured decision models containing sequences of decisions and events. They allow us to graphically map the plan throughout the lifetime of a project, along with uncertain events in the future, managerial flexibilities of the project, and alternative strategies available. This webinar will demonstrate how to use PrecisionTree to build decision tree models within Excel intuitively but with all the necessary mathematical rigor. 1 - Basic construction of decision tree models 2 - Optimal strategy and interpretation of results 3 - Interpretation of the model and calculations 4 - Sensitivity analysis and tools for complex models 5 - Advanced ways to model risks and uncertainties