SC04 – Decision analysis for managers

7. October 2015By decisionnodesCourses

1-day course: Learn how to interpret and gain insight from decision modelling results, establish best-practice workflows, use different types of economic indicators, distinguish between relevant and irrelevant project risks and optimise projects and portfolios under capital constraints. Examples are used to illustrate how high quality decisions derive from the right combination of thought, collaboration, computation and communication. … Read More

SC02 – Decision modelling for insight

6. October 2015By decisionnodesCourses

1-day course: Learn how to build decision models to increase the likelihood of capturing what is important early on. Construct models to reflect the problem structure for various decision problems. Course participants are guided through the process of building a simple decision model using Excel by Microsoft and @Risk by Palisade*. The model is used in team exercises to illustrate the value of proper modelling, insightful result plots and best practice workflows. … Read More

SC03 – Evaluating real options

6. October 2015By decisionnodesCourses

1-day course: Learn how to use a structured approach to identify real options in different types of projects. Incorporate the real options into the initial problem structure and estimate the value of the options. Weigh the cost of incorporating flexibility into the project against the probability and value potential of capturing upside. … Read More

SC01 – Framing and problem structuring

6. October 2015By decisionnodesCourses

1-day course: Learn different framing and problem structuring techniques to increase the likelihood of capturing what is important early on, align team members and maximise value creation. Learn how to identify key decisions and relevant risks and uncertainties as early as possible. Present and communicate decision alternatives, main value drivers, risks and recommendations. … Read More

S01 – Combine experience, intuition and analysis

6. October 2015By decisionnodesCourses

2-day course: Learn the fundamentals of decision analysis. How to structure different types of decision problems. Identify key aspects, main value drivers and relevant risks. Optimise sequences of decisions and possible outcomes. Evaluate costs and benefits of data gathering programs. Identify real options, non-linearities and strategic values. Present and communicate decision alternatives. … Read More

SC05 – Evaluating new technologies

5. October 2015By decisionnodesCourses

1-day course: Learn how to utilise technology readiness levels, technology novelty categories and decision/governance processes to evaluate and compare relevant technologies. Calculate key technology risks and incorporate them into the problem structure. Communicate main value drivers for the technology options as well as for the project as a whole and compare competing alternatives in a consistent way. Learn to differentiate between enabler and enhancer technologies and value potential on project and portfolio level. … Read More