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Professional Training

Decision Analysis Process

PetroSkills, Online
Length
0.5 days
Price
395 USD
Next course start
Start anytime See details
Course delivery
Self-Paced Online
Length
0.5 days
Price
395 USD
Next course start
Start anytime See details
Course delivery
Self-Paced Online
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Course description

Decision Analysis Process

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.

Upcoming start dates

1 start date available

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  • Self-Paced Online
  • Online

Suitability - Who should attend?

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

Outcome / Qualification etc.

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

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