PPT-Decision Making and Data Management in

Author : stefany-barnette | Published Date : 2018-11-09

Geotechnical Engineering Silas Nichols Principal Bridge Engineer Geotechnical Federal Highway Administration Office of Bridges and Structures Influencing Trends

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Decision Making and Data Management in: Transcript


Geotechnical Engineering Silas Nichols Principal Bridge Engineer Geotechnical Federal Highway Administration Office of Bridges and Structures Influencing Trends and Opportunities Better Informed Decision Making in Project Delivery. SYSTEMS. Decision Support Software. Reasons for the growth of decision-making information systems. People need to analyze large amounts of information. People must make decisions quickly. People must apply sophisticated analysis techniques, such as modeling and forecasting, to make good decisions. Dr. Jay Liebowitz. . Distinguished. Chair of . Applied Business and Finance. Harrisburg University of Science and Technology. jliebowitz@harrisburgu.edu. March. 10, 2017. 1. BI/Analytics Conceptual Framework . DECISION MAKING . Dr. . . Y. İlker TOPCU. www.ilkertopcu.. net. . www.. ilkertopcu. .org. . www.. ilkertopcu. .. info. facebook.com/. yitopcu. . twitter.com/. yitopcu. instagram.com/. yitopcu. Prof. Dr. . . Y. İlker TOPCU. www.ilkertopcu.. net. . www.. ilkertopcu. .org. . www.. ilkertopcu. .. info. facebook.com/. yitopcu. . twitter.com/. yitopcu. instagram.com/. yitopcu. Credits: 3+0. Dr. Jay Liebowitz. . Distinguished. Chair of . Applied Business and Finance. Harrisburg University of Science and Technology. jliebowitz@harrisburgu.edu. March. 10, 2017. 1. BI/Analytics Conceptual Framework . SYSTEMS. Decision Support Software. Reasons for the growth of decision-making information systems. People need to analyze large amounts of information. People must make decisions quickly. People must apply sophisticated analysis techniques, such as modeling and forecasting, to make good decisions. Prof. Dr. . Y. İlker TOPCU. www.ilkertopcu.. net. . www.. ilkertopcu. .org. . www.. ilkertopcu. .. info. facebook.com/. yitopcu. . twitter.com/. yitopcu. instagram.com/. yitopcu. web.itu.edu.tr/. VIDEO CASES. Video Case 1: FreshDirect Uses Business Intelligence to Manage Its Online Grocery . Video Case 2: Business Intelligence Helps the Cincinnati Zoo. Instructional Video 1: FreshDirect. ’. Decision . Making Styles. Planful. – A step-by-step process is used to identify alternatives and to choose one.. Painful – A lot of time and energy are spent, but a choice is not made.. Impulsive – A choice is made without adequately finding alternatives or collecting information about the self and alternatives.. DDDM. “The practice of basing decisions on the analysis of data rather than purely on intuition.”  Equally succinctly, data science “as the connective tissue between data-processing technologies (including those for . Unstructured. : Decision maker must provide judgment, evaluation, and insight to solve . problem. Structured. : Repetitive and routine; involve definite procedure for handling so they do not have to be treated each time as . It is used in a variety of organizations to solve many different types of problems . It encompasses a logical mathematical approach to problem solving. Mathematical tools have been used for thousands of years. MAKING. . . . INTRODUCTION. Decision making is a key managerial responsibility. Decision making is a choice amongst alternatives. Steps involved:. Defining the problem. Setting the objectives. Collecting data. PLANNING: . Steps, Importance, Components. CO ORDINATION: . Importance. MANAGEMENT BY OBJECTIVES: . Advantages, MBE. MANAGEMENT INFORMATION SYSTEM: . Concept, Components. DECISION MAKING: . Techniques, Essentials, Impact Of Technology On Decision Making. .

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