Decision-making in Projects

Course Outlines:

Module One:

Fundamentals of Project Management

• Projects Decision-Making Opportunities
• Project Life Cycles and Stage Gates

• Appreciation of Macro-environment in Relation to Projects
• Understand Who Stakeholders are and how they may impact upon the project
• Project Preparation & Planning Responsibilities

Module Two:
Project Leadership Skills

• Learn what decision leadership is?
• Understand the Project Organization and How decision-making differs
• Project Manager – Unique Requirements
• Leadership Styles
• Build an executive leadership style that creates trust, sets a clear vision, and guides the team toward greater performance
• Consider implications of unclear roles and responsibilities to project success

Module Three:
Collaborative Decision-Making

• General Decision-making Concepts
• Types of Decision Models
• The Decision-making Process

Using Risk to Assist in Decision-Making

• Planning and Identifying Risk
• Analyzing the Key Areas of the Project
• Measuring and Managing Risk
• Evidence Based Decision Making

Module Four:

Multi-Criteria Decision-Making

• Multi-criteria Scoring Model
• Analytic Hierarchy Process

How to Display a Decision Problem?

• Decision Tables
• Decision Trees
• Influence Diagrams
• Monte-Carlo Simulations

Module Five:

How to Evaluate a Decision?

• Review Decisions Made
• Use Root-cause Models to Evaluate Decisions
• Evaluate Effectiveness of Decision
• Consider the Way Forward
• Capture Lessons-learned