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Decoding Decision Modeling

Elevate decision-making skills with Decision Models, analysis methods, risk management, and optimization techniques.

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1 hour12 videos35 exercises

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Course Description

Foundations of Decision Models

Decision-making lies at the core of human existence. In today's data-driven world, where information overload is the norm, the ability to make informed decisions is in high demand. This dynamic course explores essential decision modeling techniques, empowering you with the skills to make confident choices.


Discover the Main Decision Factors

This decision modeling course is designed for anyone interested in decision science, from curious individuals to professionals engaged in decision-making processes. No prior experience is required. The course covers essential concepts and strategies to enhance decision-making skills applicable across diverse industries and scenarios.


The first part of the course builds a foundation by identifying the main factors in a decision and navigating the decision-making process with analysis methods to make informed decisions.


Explore Decision Models

The course offers a comprehensive guide to decision modeling, featuring essential methods and tools such as decision trees, influence diagrams, probabilistic models, and sensitivity analysis using data analytics. Participants will gain the skills to construct, analyze, and optimize decision models to enable informed and effective decision-making.


Risk Management and Advanced Applications

Finally, the course covers risk management and optimization techniques essential for strategic decision-making. Additionally, it explores autonomous decision systems and their advanced applications.


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  1. 1

    Foundations of Decision Modeling

    Free

    Explore decision-making through Decision Models and science. Practice using decision trees, influence diagrams, and probabilistic models to analyze uncertainties.

    Play Chapter Now
    Introduction
    50 xp
    Choosing a cloud provider for NextGen
    100 xp
    Empowering NextGen with Decision Models
    50 xp
    Introduction to Decision Science
    50 xp
    Identifying key principles of Decision Science
    50 xp
    Decision Science for a new inventory system
    50 xp
    Introduction to analysis methods
    50 xp
    SWOT analysis in a retail giant
    50 xp
    Analyzing an expansion strategy for Market Prime
    100 xp
    Decisive Expansion: AdventureGear's youth move
    100 xp
  2. 2

    Techniques and Tools for Decision Modeling

    Discover effective risk management and optimization techniques to enhance decision outcomes.

    Play Chapter Now
    Constructing Decision Models
    50 xp
    Decision Models in a supplier crisis
    50 xp
    Probabilities in Decision Models
    50 xp
    Exploring Probabilistic Models
    50 xp
    Rolling twice: Probabilities with dice
    50 xp
    Data analytics for Decision Models
    50 xp
    Unraveling data analytics
    50 xp
    Data analytics to improve customer satisfaction
    100 xp
    Sensitivity Analysis for Decision Models
    50 xp
    The value of Sensitivity Analysis
    50 xp
    Sensitivity Analysis for the Jones Household
    100 xp
    Decision tools in a getaway dilemma
    100 xp
  3. 3

    Advanced Applications and Strategic Decisions

    Lastly, dive into strategic decision-making, autonomous decision systems, and their advanced applications.

    Play Chapter Now
    Risk and uncertainty management
    50 xp
    The value of managing risks and uncertainties
    50 xp
    Assessing risks in a hospital's CRM project
    50 xp
    Introduction to optimization
    50 xp
    Essential principles of optimization
    50 xp
    Sorting the optimization journey
    100 xp
    Enterprise decision-making
    50 xp
    Assisting in an acquisition
    100 xp
    Ethics in an enterprise decision
    50 xp
    Autonomous decision-making
    50 xp
    Foundations of autonomous decision-making
    50 xp
    Levels of autonomous systems
    100 xp
    Wrap-up
    50 xp
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collaborators

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Jordan Beecher
Collaborator's avatar
Joe Franklin
Tiago Brasil HeadshotTiago Brasil

Lead Data Engineer

Tiago is a Computer Engineer with 12+ years of experience in Data Analytics, Cloud Computing, Cybersecurity, IoT, and Business Intelligence. A tech enthusiast, he believes the right tools, processes, and people are key to business success.
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