150066600 DECISION ANALYSIS ( 3 Crd.Hrs )

This course is an introduction to how successful managers successfully plan, frame, and research business decisions before implementing them. Topics covered include how to define decisions, apply appropriate decisions frameworks, deal with uncertainty, develop numerous high-quality options, evaluate the options, choose the one most appropriate to meet business goals and implement the option. The objective of this course is to provide students with the concepts and methods to make decisions that are strategically aligned with business objectives and to familiarize them with the problem solving tools available to address a range of challenges. Students will learn how to apply systematic decision-making processes in order to reduce risk and choose the best course of action for the project, team, and the organization.