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decision-making

nouncandidate·updated May 9, 2026

The action or process of reaching important conclusions or resolutions after consideration; action or process of making important decisions.

Framework senses

FFIEC IT Examination Handbook - Audit, April 20121 senseview framework →
§1
The action or process of reaching important conclusions or resolutions after consideration; action or process of making important decisions.
decision making1 senseview framework →
§1
the cognitive process of choosing between two or more alternatives, ranging from the relatively clear cut (e.g., ordering a meal at a restaurant) to the complex (e.g., selecting a mate). Psychologists have adopted two converging strategies to understand decision making: (a) statistical analysis of multiple decisions involving complex tasks and (b) experimental manipulation of simple decisions, looking at the elements that recur within these decisions.
Decision-making1 senseview framework →
§1
the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action.