Decision Analysis Process

Module

About the Skill Module

Is there anything more important to success than good decision making? This introductory topic provides an overview of the discipline and problem-solving approach of decision analysis. The most common business application is the capital investment decision. Back-of-the-envelope calculations are sufficient for most everyday decisions, such as whether and how to spend money and time.

See example online learning module

Target Audience

Geologists, engineers, geophysicists, managers, team leaders, economists, and planners.

You Will Learn

  • Decision analysis process
  • Expected value calculation tools
  • Influence diagrams and structural decision trees

Product Details

Categories:

Upstream

Disciplines:

Energy Business

Levels:

Basic

Product Type:

Individual Skill Module

Format:

On-Demand

Duration:

4 hours (approx.)