Decision Analysis Training – What Is Risk Analysis
Course
In Cardiff
Description
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Type
Course
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Location
Cardiff (Wales)
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Duration
4 Days
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Start date
Different dates available
Delegate pack consisting of course notes and exercises Manual Experienced Instructor Refreshments
Facilities
Location
Start date
Start date
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This centre's achievements
All courses are up to date
The average rating is higher than 3.7
More than 50 reviews in the last 12 months
This centre has featured on Emagister for 8 years
Subjects
- Management
- Decision Making
- Risk
- Risk Analysis
- IT
- IT risk
- IT Management
- Probability
Course programme
Introduction
This 4 day course will cover the features, outlines and main components of decision analysis and risk analysis. This course will include the materials to enable individuals to gain the knowledge on how the probability theory is important to decision-making to create risk and opportunity management plans.
Prerequisites
- To attend this course, you must have experience in the business industry
Who should attend this course?
- This course is aimed towards business professionals
Learning Outcomes
After completing this course, you will be able to:
- Have an in-depth knowledge on decision analysis and risk analysis
- Have knowledge on how the probability theory is important to decision-making
- Gain the skills to apply decision models for decision-making
- Gain the skills to create risk and opportunity management plans
Course Outline
This course will include the following topics:
- Introduction to Decision and Risk Analysis
- Features of Decision Analysis
- Features of Risk Analysis
- Key Concepts
- Probability theory
- Statistics refresher
- Framing the decision
- The probability theory
- Generate alternatives
- Structure decisions
- Analyse decisions
- Cognitive bias
- Risk planning
- Risk identification
- Risk analysis
- Decision models
- Risk handling
- Risk monitoring
- Game theory
- Alternative trade studies
- Engineering trade studies
- Sensitivity analysis
- Risk management plan
- Opportunity management plan
- Unsuccessful decisions
- Successful decisions
- Overview
Additional information
- Gain an understanding on the probability theory
- Identify information on types of decisions
- Candidates will be able to create management plans
- GUARANTEED LOWEST PRICE IN THE INDUSTRY
- Courses delivered by world class training instructors in luxury venues
- Book Online or Call 01344 203999 to speak to a training advisor today
- This Business Analysis Training course includes material and manuals
Decision Analysis Training – What Is Risk Analysis