This course equips decision makers with scientific basis and practical applications for decision and judgment. The course introduces participants to decision modeling and enhances organizational decision making abilities with better utilization of data and the propagation of evidence-based practices. It also tackles data collection and sorting for decision making with a special emphasis on the creation of spreadsheet models as a tool to optimize practice in frequently recurring decisions.
The course relies heavily on hands-on exercises and case studies. Participants are provided with various examples and applications for the techniques and models learnt during the experience. The course also follows a practical approach to developing participants’ skills by utilizing different Excel-based exercises that develop their understanding of the models, as well as their Excel proficiency. Facilitators walk participants through the examples and support them during exercises to ensure the skills learnt are easily transferred to their day-to-day work.