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INCOSE WMA May Tutorial: Prescriptive Analytics

INCOSE-WMA

Saturday, May 4, 2013 from 9:00 AM to 1:00 PM (EDT)

INCOSE WMA May Tutorial: Prescriptive Analytics

Registration Information

Type End Quantity
Tutorial Ended Free  

Event Details

Tutorial Name: Prescriptive Analytics

Instructors:
Kathryn Laskey, Paulo Costa, Rajesh Ganesan and Edward Huang
Department of Systems Engineering and Operations Research
Volgenau School of Engineering
George Mason University

May 4, 9AM - 1PM
Room 1505, Nguyen Engineering Building
George Mason University


Data analytics (i.e., the process of acquiring, extracting, integrating, transforming, and modeling data with the goal of deriving useful information) is increasingly important across a wide variety of applications. The need for data analytics is driven by the massive accumulation of “Big Data” in a variety of industries such as healthcare, finance, government (federal, state, and local), and cyber defense. The ultimate goal of data analytics is to derive value by suggesting effective actions for the future. Prescriptive analytics focuses on methods for deciding on the best course of action, while taking into account constraints and risks. This tutorial in prescriptive analytics will introduce methods to drive effective decision making and to identify and select optimal courses of action. Techniques are discussed to analyze both structured and unstructured data to derive meaningful knowledge, which will be useful for developing effective strategies and making optimal decisions. The use of prescriptive analytic methods in computerized decision support systems is also discussed. The tutorial emphasizes both analytical and practical aspects of prescriptive analytics. Hands-on exercises stress the practical aspects of modeling, optimization, and risk analysis. Students are also expected to demonstrate proficiency in decision making, design of decision support systems, and risk analysis.


Attendance at this tutorial is free. There is a charge for parking.

Directions to the George Mason University Volgenau School of Engineering can be found at http://volgenau.gmu.edu/about_ite/maps_directions.php. Visitors should park in the Shenandoah parking deck.

Have questions about INCOSE WMA May Tutorial: Prescriptive Analytics? Contact INCOSE-WMA

When & Where


George Mason University (GMU)
4400 University Dr
Fairfax, VA 22030

Saturday, May 4, 2013 from 9:00 AM to 1:00 PM (EDT)


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Organizer

INCOSE-WMA

About INCOSE WMA

As an INCOSE founding chapter and home to many of the federal departments and independent agencies acquiring systems for the US Government as well as many leading high-technology, commercial firms that consider systems engineering a competitive advantage,the Washington Metropolitan Area (WMA) Chapter has been a leader in the systems engineering community. We are the largest chapter in the Americas Sector - one of three Sectors in the INCOSE Foundation, and have the largest number of certified Systems Engineering professional in the Foundation.

We are very active and strive to serve our membership by providing a variety of services including Chapter Dinner Meetings and Tutorial and certification training opportunities. We host monthly dinner meetings in the Northern Virginia area where we enjoy presentations on a variety of issues of interest to our membership. In 1993, we hosted the third INCOSE International Symposium (IS) in Arlington, Virginia. In 2003, we co-sponsored the 13th IS with other local VA and MD chapters in Crystal City, Virginia, and in May 2012 we sponsored our own WMA-based conference, SEDC at the Mason Inn in Fairfax. We will me a major supporter, co-sponsor of IS 2013 in Philadephia, PA. Many influential leaders and thinkers in the systems engineering community participate in our Chapter. And, so can you!

Our mission is to serve the systems engineering community in Washington, DC and its suburbs. INCOSE is an international professional organization dedicated to advancing the practice of Systems Engineering.  For more info on WMA visit www.incosewma.org; for more info on INCOSE visit www.incose.org.

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