In today’s world of information overload, and choice overload, a novel approach is required to make better decisions.
Informed Decisions – The Paradox
In the past, and even today, most people make decisions based on gut-feel, common-sense, intuition, experience, etc. But something has changed. We are confronted with information overload, and choice overload. This new paradigm demands that Project Managers adopt a new approach to making optimal decisions.
More information, better decisions? Not true! In the absence of sufficient information, we can easily defend a bad decision. They will say, “we had to make a quick decision, based on what information we had”. But, if we have all the relevant information, we cannot blame anyone for a sub-optimal decision, but ourselves.
The unspoken truth is – because Managers do not know how to deal with information overload (the absence of a process) many take the easy way out, and avoid the quest for information.
We value information & choice! We show how the PM can use a structured process to make the optimum decision.
By attending this event, Professionals will be able to:
- Master the skills of decision-making to produce optimum decision with greater accuracy, speed and confidence.
- Recognize the hidden traps that frequently lead us to behave irrationally and why we fail in making optimum decisions.
- Understand the key factors that dramatically impact decision-making, maximizing your chances for effective decisions before they are even implemented.
- Frame multi-dimensional real-world problems
- Learn to develop a unique, an ambiguous, realistic objective; and where necessary identify secondary and surrogate objectives.
- Identify criteria relevant to the objective, and to segregate the criteria, and finally assign criteria weights using the Analytic Hierarchy Process.
- Separate problem solving from decision making, and use the XDSS to make the optimum decision.
- Interact effectively with all parties critical to the decision making process (Problem Solvers, Decision Implementers, Parties Impacted, and Management).
- Validate the decisions, and evaluate sensitivity of the decision to human bias, and the changing environment, thereby minimize risk exposure.
- Discover a novel approach to Team decision-making and avoid the pitfalls of “Groupthink” or “herd mentality”, and operate in a collaborative environment.
- Present and defend decisions to various stakeholders with greater ease both now and well into the future.
This workshop has been delivered at the following PMI Chapters: Houston; Silicon Valley (twice); Scottsdale; Phoenix, Sri Lanka, and previously at SFBAC.
It has received glowing reviews. SFBAC Chapter members will have a rare opportunity to learn about these new techniques.
Continental breakfast, lunch and snacks will be provided.
9:00 AM - 9:30 AM Registration and Breakfast
9:30 AM - 12:00 PM Session
12:30 PM - 1:00 PM Lunch
1:00 PM - 3:00 PM Session
3:00 PM - 3:10 PM Snack
3:10 PM - 5:30 PM Session and Surveys
About Dr. Errol Wirasinghe :
Dr. Wirasinghe is the author of the book “The Art of Making Decisions” and also the developer of the XpertUS Decision Support System. He is presently an adjunct at the University of Houston’s MBA program (Decision-Making). He has carved out a niche as a “decision-maker” and a “creative-thinker”, to shatter the myth and math of decision-making.
As a young man, he started life as a trainee mechanic in an Engineering workshop, and went on to graduate as Valedictorian from Teesside University, U.K. specializing in Mechanical Engineering. Subsequently he obtained his Ph.D. in Fluid Mechanics.
As an Oil & Gas industry specialist and a University Professor, he has published papers on topics relating to Management, Engineering and Economics.
He has lived, worked and trained professionals in Asia, Mid-East, Europe, North America and South America. He spent 11 years in Venezuela, working for Petroleos de Venezuela, and the University of Zulia, where he lectured in Spanish. He has a thorough understanding of diverse cultures and values.
Dr. Wirasinghe is the only person in the world that offers a complete suite of products in decision-making:
- Books (The Art of Making Decisions; The Decision-Making Handbook; Everyone’s Guide to Stress-Free Negotiating)
- Online Courses
- Classroom Workshops
- XpertUS Decision-Making Software
Cancellation and No-Show policy
If you have made a reservation and find that you will be unable to attend please send an email to firstname.lastname@example.org and cancel as early as possible. All cancellations are subject to a minimum $30 fee if done at least 5 days before the event. Cancellations after May 28, 2012 are subject to the full charge to ensure the Chapter does not incur excessive expenses.