(PRWEB) June 1, 2006 -- Decision making under uncertainty can be improved by application of Decision Tree methodology. A new software makes it easier to apply this technique.

When you hear of Munich, Bavaria, do you imagine leather trousers and Octoberfest? Think again, the city is also a major technology hub and a center of innovation.

Based in this town is the company Visionary Tools who recently announced the introduction of their new software tool Occam's Tree, a solution to build simple to complex decision trees.

The company states that they developed the software to help people in charge making better decisions in situations of risk and uncertainty. Oliver F. Lehmann, one of the owners of Visionary Tools, said that it allows for optimization of decisions to achieve maximum pay-off and helps documenting the process which lead to the decision for later review.

Decision tree technique as a manual method has been in use for many years. It is a proven method to ensure deliberate and far-seeing decision making. A drawback of manual trees is that they are often difficult to maintain and change when new information has become available.

The makers of the software assert that the software is easy to learn. They emphasize that the tool is effective for operational and project managers as well as for sales people who are dealing with complex investment goods. They further claim that it can speed up decision making in meetings and help avoiding the "Travel to Abilene" effect, group decisions which are not really supported by group members.

The website of Visionary Tools has some articles on further aspects of decision making and free downloads of a trial version of the software as well as of templates which support its use.