DQ Fundamentals
Instructor: Ellen Coopersmith & Ray Spence, Decision Frameworks
Date: November 14, 2024
Time: 8:00am - Noon CT
Venue: Online
Price: $350.00
Abstract: This workshop is ideal for any who are new to Decision Quality. We will learn the business case for DQ and understand what exactly defines a decision as a quality one. By working a relevant case example, attendees will apply their new skills in decision framing and analysis to derive valuable insight to support leadership in making informed decisions. Key questions we will answer include:
Why is decision-making difficult?
How can DQ help? How is it designed to counteract biases?
How do we define scope for a project?
What is risk and uncertainty? How can we mitigate these?
How do we think strategically? What are the tips for creating compelling strategies?
How can tornado diagrams, decision trees, and cumulative probability plots enrich our strategies and support informed decision-making?
Instructors:
Ellen Coopersmith, Decision Frameworks
Ellen Coopersmith is the founder of Decision Frameworks and has been with the company since the very beginning in 1999.
She specializes in Decision Analysis consultation, facilitation, training, and implementation. Her passion for decision and risk analysis focuses on skill development, framing, uncertainty analysis and valuing information.
Prior to founding Decision Frameworks, she led one of the oil industry's most successful implementations of Decision Analysis for Conoco. She holds a degree from the Colorado School of Mines. Ellen is an accomplished technical and managerial facilitator, as well as a published and invited speaker on both the implementation and the technical elements of Decision Analysis.
Ray Spence, Decision Frameworks
Ray Spence is a Senior Consultant at Decision Frameworks. He has been with the company since 2017. Ray has supported numerous projects in the upstream and midstream oil and gas business as well as portfolio planning, manufacturing and country entry strategy. He is often a go-to for client software support and has extensive experience teaching DQ concepts and leading DQ and software uptake amongst clients.
Ray has a B.S. in Petroleum Engineering from the University of Houston and is pursuing coursework in sustainability. He is the 2020-2021 President of the Houston Chapter of the Society of Decision Professionals.
Outside of Decision Quality and engineering, Ray has a strong interest in history, anthropology and cultural studies. He also has a B.A. in History.