Decision Making with Multiple Criteria

DESCRIPTION

Decisions made by managers and executives significantly impact their organizations. These decisions often involve multiple criteria that require comprehensive analysis and strategic thinking. This course is designed to provide participants with the skills and knowledge needed to make effective decisions considering multiple criteria. Whether you are a manager, an executive, or someone supporting decision-makers, this course will equip you with the tools and techniques to navigate complex decision-making processes in your organization.

OBJECTIVE

By the end of this training program, participants will:

• Understand the fundamentals of decision-making with multiple criteria.

• Learn how to systematically define problems and identify relevant criteria.

• Develop the ability to evaluate alternatives against various criteria.

• Gain proficiency in selecting the best course of action based on comprehensive analysis.

TOPICS

Day 1: Foundations of Multi-Criteria Decision Making

Introduction to Decision Making with Multiple Criteria

• Overview of decision-making processes

• Importance of multi-criteria decision-making in organizations

Defining the Problem

• Identifying the decision context and objectives

• Structuring the decision problem for effective analysis

Dealing with Criteria

• Identifying and prioritizing decision criteria

• Techniques for handling multiple criteria in decision-making

Day 2: Advanced Techniques in Multi-Criteria Decision Making

Dealing with Alternatives

• Generating and evaluating decision alternatives

• Methods for comparing and contrasting alternatives based on criteria

Making the Final Decision

• Techniques for aggregating criteria and scoring alternatives

• Applying decision rules to select the optimal solution

Case Studies and Practical Application

• Real-world examples of multi-criteria decision-making

• Group exercises to apply learned concepts

PARTICIPANT

This course is suitable for:

• Managers and executives responsible for making strategic decisions

• Business intelligence personnel involved in decision support

• Decision science professionals seeking to enhance their analytical skills

INSTRUCTOR

Ronny Kountur, DrMS., Ph.D

Dr. Ronny Kountur is an Associate Professor of Data Analytics at Central Queensland University, Jakarta Campus. With doctoral degrees in Management Science and Research Methodology & Evaluation, Dr. Kountur has extensive experience in data analytics and decision science. His expertise and practical insights provide participants with a solid foundation in decision-making with multiple criteria, ensuring they are well-equipped to handle complex organizational decisions.