Data Analysis for Decision-Making

Aims of the course

- Strengthen the knowledge of quantitative and qualitative data analyses.
- Develop understanding of critical issues in strategic and operative decision-making.
- Develop capabilities of analitical thinking and decision-making.

Course syllabus

1. Making Decisions Strategically
1.1. Decision Making Using Deterministic Models
1.2. Decision Making Under Uncertainty
2. Structuring Objectives
2.1. Organizing and Presenting Objectives
2.2. Developing Evaluation Measures
2.3. Developing Alternatives
2.4. Multi-objective Value Analysis
3. Information Systems: Present and Emerging Decision Support Systems
3.1. Data-Driven Decision Support
3.2. Evolving Solutions
4. Data Analysis
5. Using Data for Decision Making
5.1. A Decision Tree Model and Its Analysis
5.2. Scenario Planning for Decision Making
5.3. Cost/Benefit Analysis
5.4. Resource Allocation
Data Analysis for Decision Making at the Business Function Level

Course director(s)