PROact Method

Question 1

What is PrOACT method?

Answer 1

A methodology for improving
your rational decision making to
help you make “Smart Choices.”.

Question 2

What are the steps of PrOACT?

Answer 2

• Problem
• Objectives
• Alternatives
• Consequences
• Tradeoffs
• Uncertainty
• Risk Tolerance
• Linked Decisions

Question 3

How to define the problem?

Answer 3

How you state your problem frames your
decision.Turn problems into opportunities.
• Define the decision problem:
– What triggered it?
– What are the constraints? Question them.
– What else impacts the decision?
– How do others see the situation?
– Establish an appropriate scope and identify what is
essential?

Question 4

What makes a well-defined objective?

Answer 4

-Think about both tangible and intangible
objectives; long term and short term;
subjective as well as quantitative
- Objectives should not be limited by
availability of data.
- Objectives for the same problem should
remain relatively stable over time, unless
circumstances change

Question 5

What are Dominated alternatives

Answer 5

To identify alternatives that can be eliminated, follow this simple rule: if alternative A is better than alternative B on some objectives and no worse than B on all other objectives, B can be eliminated from consideration. In such cases, B is said to be dominated by A—it has disadvantages without any advantages.

Question 6

Even swaps and how to work through consequences table to a decision

Answer 6

This website explains it thoroughly

https://hbr.org/1998/03/even-swaps-a-rational-method-for-making-trade-offs

Question 7

Ways to Match the Alternatives to the Problem (according to the text)

Answer 7

 Information-gathering alternatives
 When there is uncertainty, it may help to
generate alternatives to gather information
 Time-buying alternatives
 Extra time may help you to find or create an
even better solution. BUT, there may be a price
– some alternatives might disappear.
 Win-win alternatives
 When decisions involve others, if you can solve
their problem, you will be more successful\
(I dont have the book so subject to change.)

Question 8

How to know when to stop looking for alternatives

Answer 8

The perfect solution rarely exists.
 Be careful and thorough in developing alternatives,
but then balance that effort against the quality of
alternatives already found.
 Also, when possible, do not irrevocably commit to
existing alternatives – can still continue looking while
evaluating alternatives

Question 9

Steps in making linked decisions (according to the text)

Answer 9

(I dont have the book so subject to change.)