Course description
Data-Informed Decision Making in Projects: On-Demand
Project management professionals constantly need to make project decisions that could be decisive for the outcome of their projects but often do not have sufficient information available to confidently make decisions.
As a result, projects are increasingly falling short of delivering on their promises, requiring, more than ever, a data-informed approach to decision-making in the area of project delivery and management. The rapid growth of data comes with various challenges though, which consequently needs consideration of various critical factors for a successful implementation of a data-informed decision-making process in organizations and projects.
Upcoming start dates
Suitability - Who should attend?
Who Should Attend
- Project Managers
- Project Sponsors
- PMO
- Anyone involved in decision-making in projects
Prerequisites
None
Outcome / Qualification etc.
What You Will Learn
At the end of this program, you will be able to:
- Describe and understand the relevant methods and techniques to identify, acquire, and analyze relevant data points for decision making in projects
- Articulate analytical questions to focus on the real problems
- Identify potential shortfalls and gaps in project decision-making and apply actions to mitigate them
Training Course Content
Introduction to Data-Informed Decision Making
- The different types of decisions in projects
- Data-informed decision-making framework
- Shortcomings with traditional decision-making models
Understanding the value of data for project delivery
- Issues in project management and how data can help solve them
- The DIKW Pyramid (Data, information, knowledge, wisdom)
- Types of data in projects
Applying Data Analytics
- Understanding Data Analytics
- Levels of Data Analytics
- Data-Informed vs. Data-Driven
Challenges and How to Address Them
- Project data availability and collection
- Data quality
- Behavioral blockers and bias
Skills and Techniques
- Data literacy and data fluency
- Communicating for informed decision-making
- Monitoring and evaluating project decisions
Implementing Data-Informed Decision Making
- Decision-making strategy and governance
- Project data culture
- Continuously improving decision quality
Future Outlook for Decision-Making in Projects
- Data and AI
- Digital Decisioning
Why choose IIL Europe
2,000,000+ people trained by IIL
50,000 annual online conference visitors
2,000+ companies have chosen to partner with IIL as their Learning Partner
Reviews
Average rating 5
It's very useful giving concrete examples and then bringing in learned material from early in the course and how it related through the modules
Great examples that were very helpful. This course makes it so that I can refer and retain what was taught.
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Glowasz shared expert knowledge that kept me engaged throughout. The course was packed with information.