Step is where the various options are listed.
Each option needs to have a list of consequences attached.
It is important to underscore the
weight of the consequences: if the consequence might be severe, even
critical, highlighting that
choice in red flashing lights may be in order to point out that that
option carries a great deal of
The greater the risk, the more research and soul-searching
are required. If the risk has a value
of $100 you don’t want to expend $500 of your time or speak to a
professional in the related
field. If the risks are enormous an expert may have to be hired. This is
where most companies
or other large institutions will usually perform a Risk-Reward Analysis.