Event Tree Diagram

An Event Tree Diagram is a graphical representation used to analyze and illustrate the possible outcomes of an event, particularly in the context of risk assessment and decision analysis. It starts with a single initiating event, branching out into a series of possible events or scenarios that result from that initial occurrence. Each branch represents a sequence of events or conditions, leading to various potential consequences. Event Tree Diagrams are widely used in industries like safety engineering, project management, and insurance to evaluate the likelihood and impact of different outcomes, helping in identifying risks and planning mitigation strategies. They provide a structured way to visualize and assess complex event sequences, making it easier to understand and manage potential risks.

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