Decision Making school training courses in Austin, TX (public, in-house or online)

This course explores decision-making from the perspective of managers who must decide how to allocate scarce resources under uncertainty. Combining qualitative and quantitative information is emphasized. Topics include framing decision problems, establishing evaluation criteria, determining trade-offs, constructing decision trees, estimating probabilities and risk, and taking responsibility for consequences. The roles of judgment, intuition and heuristics in decision-making are also explored. St...

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This class will introduce students to a systematic process that will enable them to identify and successfully implement solutions to the complex problems employees and managers experience in the rapidly changing work environment of the 21st Century. The tools and techniques introduced here are being utilized by professionals in multiple disciplines across the globe. Solving problems and making decisions have always been two tough functions of project managers and employees. Mastery of academic c...

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This is a one of a kind course which challenges the student to examine how they think when confronted with a problem. A comprehensive study of creativity is presented, with various tools and techniques to improve the creative process in the individual and groups

Goals/Objectives

· Use the techniques of reasoning skills.

· Use the blocks to creative thinking.

· Use techniques for enhancing creativity.

· Create sound dec...

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Applied Managerial Statistics stresses the practical use of statistics in collecting, organizing, analyzing, interpreting, and presenting data. Areas covered include descriptive statistics, inferential statistics, regression analysis, and time series analysis. Attention is devoted to the use of statistical thinking in improving the managerial decision making process.

The course examines intermediate-level price theory and surveys applications to public sector decision making. Topics include demand, supply, behavior of the market, and introductory welfare economics. Applications include forecasting, benefit-cost analysis, input-output analysis, and economic modeling.