What is the Decision Tree template?
Create your decision tree, also known as a decision tree diagram, to visualize potential outcomes and solutions before fully committing to your decision. Start with a central topic and link boxes to see the options and results of your decision-making process. The tree represents the final effect, and the lines illustrate your train of thought.
Design the flowchart to walk through all possible steps that can eventually lead to great solutions. Each branch symbolizes a choice available while making a decision, and each line leads to another course of action. This online exercise allows you to see in which direction your project might go instead of committing time and resources inefficiently.
What are the benefits of the Decision Tree template?
Thanks to the Decision Tree template, you can:
- Predict possible scenarios and visualize outcomes, especially when a financial buy-in might be difficult.
- Test out possible options and solutions on diagrams before presenting them to the investors, stakeholders, or other teams.
- Double-check if the latest product you want to develop is viable or if new potential investments have opened up.
- Use it for both regression and classification tasks to indicate continuous and discrete values.
- Assess options and their outcomes before fully committing to developing a solution.
How to use the Decision Tree template in a few steps?
- Start your decision tree with a sticky note, text block, or a small square in which you will define the central theme you’re trying to answer. Use different shapes on your decision tree template to differentiate decisions from uncertain outcomes — squares, rectangles, circles, etc.
- From the central box, draw extra lines that will lead to two (or more) shapes with possible options. Keep the lines apart from each other to expand your thoughts as needed.
- Start adding more branches at the end of each block to grow your tree further and create so-called leaves.
- Keep adding branches and boxes as you discover more solutions.