Abstract

Decision analysis is an activity that has standard parameters comprising a dynamic perspective. Still, the extreme impact and its potential are demonstrated in a team activity where decision-making is utilized to its extreme, and its influence is reflected over the whole team. While in the individual case, the decision is not associated with anyone, and its reflection is only affected by the person who takes the decision. So the impact of decision-making is dynamic and broad in terms of teamwork while compiled in individual activities. The research tries to explore the understanding regarding decision making preferences, what are the prominent factors which act as a challenging and influencing parameter while making decisions. Moreover it exclusively focuses on the assessment of decision analysis and its correlation with effectiveness. In this research, data will be selected from several journals such as ScienceDirect, Web of Science, IEEE, Emerald Insight, among others. These are concentrating on exploring the existing articles. The researcher will utilize the secondary data to upgrade their knowledge.The outcome demonstrates various factors through which decision system effectiveness is measured and eventually forming appropriate decisions based on the presented circumstances.

Key words: Decision analysis, Decision making strategy, Decision-making challenges, Effectiveness Measurement of Decision Analysis.