Applying Business Analytics in Decision Analysis



 
AcceptedThank you for launching the course.
Accepted Thank you for launching the pre-assessment.

Accepted Thank you for launching the post-assessment.

Accepted Thank you for launching the practice.

Accepted Thank you for launching the evaluation.

Accepted Thank you for completing the course.

Information Confirmation



 
Accepted Thank you for asking about this course.

Accepted Thank you for launching breeze meeting

Accepted Information
Your registration status: Pending approval.
If you do not receive a reply in 7 business days, contact the approval manager.


Information Registration



 
Information



 
Information Please complete the questions below before registration:



 
Information Order Materials

Please enter new shipping address if different from registration.
After completing this form, an email will be sent to the course's contact person.
Information about this email will be archived in the database.
* = required fields.
*
*
 
*
*
*
*
*
*
*
 
 
Information Confirmation

Are you sure you want to complete this course and take an assessment?

 
Information Withdraw

Click OK to confirm withdrawal.

 
Session Schedules:



Accepted Thank you for ordering the course.

Information

 


 
Information Confirmation

This course provider requires registration and/or a fee outside of the Accenture Academy.

To proceed to the course provider's website please click "Continue".


 
1.00 hour
Online Self Study
FPM235

ID:1000008980

Course Author

  • About
  • Registration

About the Course

Companies seeking to adapt and thrive in complex and uncertain environments are embracing decision analysis to navigate risk and optimize value. Business analytics empowers decision analysis by clarifying opportunities for managerial decision making and specifying uncertainty in value measures.

Course Description

Decision analysis specifies methods to guide decision making in projects and initiatives to exploit opportunities associated with uncertainty. Unstructured approaches to decision making in environments of uncertainty put companies at risk of making suboptimal decisions and missing value-creating opportunities.

In this course, you will explore the concepts of business analytics-driven decision analysis with a focus on process and practical organizational implementation. You will then examine the organizational drivers and benefits with attention to identifying and exploiting uncertainty as opportunities associated with managerial decision making. With a focus on practical organizational implementation, you will define a four-step decision analysis process that includes framing, valuation, business analytics, and implementation. Core valuation, as enhanced by business analytics, leads to decision tree analysis, a central method for determining the optimal decision path to employ given uncertainties. Finally, you will apply core underlying decision analysis principles, components, and practices to a fictional consumer electronics company, eWidget.

Learning Objectives

After completing this course, you should be able to:

  • Define the decision analysis process.
  • Identify the importance of framing a business problem.
  • Outline the valuation process.
  • Define the central role of business analytics.
  • Apply decision specification and implementation to identify the best decision.
None