One of the keys to becoming a better decision maker is to learn how to avoid some of the more prevalent decision making traps. What are some individual and group decision making traps? The BABOK® Guide discusses decision making traps, but what about the trap of uncertainty? What are some decision making uncertainties you are…
One of the keys to becoming a better decision maker is to learn how to avoid some of the more prevalent decision making traps. What are some individual and group decision making traps? The BABOK® Guide discusses decision making traps, but what about the trap of uncertainty? What are some decision making uncertainties you…
Prior to beginning work on this discussion forum, Read Chapter 10 and reread Chapter 1 of your textbook, Business Intelligence, Analytics, Data Science, and AI. Review the following article and webpage: The difference between artificial intelligence and machine learningLinks to an external site. Cloud computingLinks to an external site. “Hidden big data analytics issues…
Criteria: Part of business analysis includes making decisions, solving problems, and managing projects. To efficiently manage projects, business analysts use tools to ensure each element of the project is identified, tracked, and communicated. Drawing tools like drawio.net, SmartDraw, LucidSpark, or Microsoft Visio allow managers to create visual representations of processes and systems. It allows them…
Read Chapter 9 from your textbook, An Overview of Business Intelligence, Analytics, Data Science, and AI Read the following articles: Using big data and data analytics for better business decisionsLinks to an external site. Big data analytics impact on business decision-making and strategyLinks to an external site. Review the video: Big data analytics transform…
Remember that problem owners and stakeholders often like to have choices. By developing several alternatives and modeling each of them, you can present a balanced yet comprehensive view of the problem and its solutions. Section 10.16.3 of the BABOK® Guide details decision analysis. Using a company you have worked for (or would like to work…
Think about a business project on which you have worked. How would you apply an enterprise analysis framework to this project? The BABOK® Guide talks about key performance indicators (KPIs) in Section 10.28 as tools that measure progress toward a strategic goal and aid in enterprise analysis. Discuss how using KPI milestones could also…
Read Chapter 8 of your textbook, An Overview of Business Intelligence, Analytics, Data Science, and AI Review the following: What is sensitivity analysis and how can it help your organization?Links to an external site. Exploring multiple goals balancing in complex problem solving based on log dataLinks to an external site. In terms of input…
Read Chapter 8 of your textbook, An Overview of Business Intelligence, Analytics, Data Science, and AI Review the article, How to use prescriptive analytics in healthcare.Links to an external site. U.S. healthcare organizations are always seeking better ways to determine current outcomes, predict future outcomes, and implement best practices to ensure positive healthcare outcomes…
Instructions Research and Analysis Conduct comprehensive research to identify both challenges and advantages associated with virtual meetings. Explore factors such as barriers to effective communication, technological issues, levels of engagement, and differences in time zones. Explore communication practices to ensure meetings are inclusive and promote equity and diversity. Research or use virtual meetings you…