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UGRD > MSIS > 455
Decision Analysis
Description:
In this course, students will learn to make better decisions and help others to make better decisions across the range of business functions. This interactive course covers a range of qualitative and quantitative techniques that together ensure a decision quality process. These include tools for: defining the right decision context, classifying the relevant issues, identifying and clarifying what is known and not known, investigating the potential impact of uncertainty and how to handle it, generating alternatives, valuing potential outcomes, and committing to action. These techniques are applied in different organizational settings and to a variety of types of business problems.