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Using Decision Analysis to Improve Efficiency: Reducing Costs, Accelerating Schedules, and Making Better Decisions Faster
Using Decision Analysis to Improve Efficiency: Reducing Costs, Accelerating Schedules, and Making Better Decisions Faster
Presenter: Steve Uhl, Macway Uhl
Presented at the 2009 DAAG Conference in Indianapolis, Indiana. Session 4 - Decision Making Under High Volatility.
What happens to decision making processes when extreme volatility replaces a more accustomed environment of uncertainty that is nonetheless more or less stable? This session focused on this question and the economic situation in 2009, in which substantial volatility resulted in many individuals being "frozen” and unable to make decisions.
Examples of using DA in project execution, applied to project scheduling issues. Keywords: evaluation anamod, efficiency, project management projman, project execution projexec , cost and schedule risk costschedrisk, organizational capability orgcap
