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Decision-Making & Risk Assessment Framework

Make informed decisions using structured analysis including SWOT framework, risk assessment, and cost-benefit analysis to identify the most effective and least risky options.

Last updated: November 21, 2024
decision makingrisk assessment
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Prompt Template

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plaintext
I am [mention the problem you're facing in detail with background context]. I need to make an important decision regarding [describe the decision].

The available options are:
[Option 1] - Pros & Cons: [Brief details]
[Option 2] - Pros & Cons: [Brief details]

Can you analyze these options using:
- SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
- Risk Assessment (Likelihood of success vs. failure)
- Cost-Benefit Analysis (Short-term & long-term impact)

Based on this analysis, provide a recommendation on the most effective and least risky option.

I want you to [mention how you want the output in detail with examples].

Example Usage

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I am a startup founder facing a critical growth decision after successfully launching our SaaS product 18 months ago. We have limited runway (8 months) and need to decide on our next strategic move. I need to make an important decision regarding our company's growth strategy.

The available options are:
Option 1: Raise Series A funding ($2M) to scale marketing and hire sales team
- Pros: Rapid growth potential, professional team expansion, market validation
- Cons: Equity dilution, investor pressure, high growth expectations

Option 2: Bootstrap growth by focusing on profitability and organic expansion
- Pros: Maintain control, sustainable growth, no dilution
- Cons: Slower growth, limited resources, potential competitive disadvantage

Can you analyze these options using:
- SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
- Risk Assessment (Likelihood of success vs. failure)
- Cost-Benefit Analysis (Short-term & long-term impact)

Based on this analysis, provide a recommendation on the most effective and least risky option.

I want you to provide:
1. Detailed SWOT analysis for each option
2. Risk assessment matrix with probability and impact ratings
3. Comprehensive cost-benefit analysis with timelines
4. Clear recommendation with reasoning
5. Implementation roadmap with milestones
6. Risk mitigation strategies for chosen option

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Prompt Details

  • Category

    Strategic Planning

  • Complexity

    Advanced

  • Recommended Usage

    Strategic decisions, business planning, risk management, investment decisions, project planning

Related Tags

decision makingrisk assessmentswot analysiscost-benefit analysisstrategic planningbusiness analysisrisk managementstrategic thinking