Method
Flexible
Term
WINTER
Units
1.5 QUARTER UNITS
Estimated Cost
$720

Skills you will gain

  • Effective Group Decision-Making: Apply soft skills to collaborate and make informed group decisions.
  • Structured Decision-Making: Use decision-making processes to approach complex project challenges.
  • Analytical Techniques: Implement Analytical Hierarchical Process (AHP) and Decision Trees to guide decisions.
  • Cost and Budget Management: Make informed trade-offs to handle project cost and budget uncertainties.
  • Practical Tool Application: Utilize spreadsheet techniques and Internet tools to support decision-making in real-world scenarios.

Course Description

Project managers are, above everything else, decision makers and problem solvers. A project manager's effectiveness is directly proportional to his or her decision-making ability. This course is for those professionals who want to improve their decision-making skills through the use of modern-day computer tools and techniques. Participants learn how to make effective decisions relating to project schedules, product design trade-offs, project cost estimating, problem solving and project risk analyses. Examples, in-class exercises and homework using spreadsheet techniques and Internet tools enable participants to become confident in the use and application of practical decision-making methods.

Topics

  • Spreadsheet modeling and decision analysis
  • Decision tools for project schedule management
  • How to make multicriteria decisions using the Analytic Hierarchy Process (AHP
  • Making effective project cost decisions
  • How to use computer tools to optimize product designs
  • Decision trees: when and how to use them
  • How to make decisions when dealing with schedule and cost uncertainties
  • How to select the most appropriate decision-making tool

 

Additional Information

AI* - This course allows students to use AI to support homework and enhance data-driven storytelling, provided they are able to explain each step and demonstrate thoughtful oversight in their analyses. 

Prerequisites / Skills Needed

Prerequisites:

  • PPMT.X425: Project Management Fundamentals

Skills Needed:

  • PPMT.X425 - "Project Management Fundamentals"
Syllabus Library
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This course applies to these programs:

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