Foundations of Decision Analysis

This two-and-a-half-day course will present the basic foundations of decision making under uncertainty. The course will illustrate the benefits of using a sound decision making system built on the axioms of rational thought and the good practices that may induce quality decisions in enterprises. The course will also discuss cognitive and motivational biases in decision making; the elements of decision quality; the difference between direct and indirect values, framing a decision, and the notion of an enterprise decision culture.

What you will gain:
  • Develop the skills necessary for quality decision making in the face of uncertainty
  • Understand fundamental distinctions in decision making including decisions vs outcomes, the frame of a decision, and elements of its quality
  • Learn common decision traps and the cognitive and motivational biases in decision making
  • Determine the implications of having an enterprise decision culture
Who should attend:

Mid to senior-level management and executives interested in learning about good decision making practices.

Instructor Bio

Professor Ali E. Abbas is director of the Center for Interdisciplinary Decisions & Ethics (DECIDE). He is also professor of industrial and systems engineering and public policy at the University of Southern California. Dr. Abbas earned his Ph.D. in management science and engineering from Stanford University with a minor in electrical engineering. The recipient of multiple awards from the National Science Foundation for his work, Dr. Abbas’ research focuses on decision analysis, risk analysis, multi-attribute utility theory, and data-based decision making. He is widely published in books, journals, and conference publications, and has shared his expertise through television appearances, TEDx and other invited talks.

Continuing Education Units

CEUs: 2.0

USC Viterbi School of Engineering Certificate of Participation is awarded to all participants upon successful completion of course.

Why Consider a Custom Course for Your Organization?

Custom courses provide the opportunity to create an educational program that meets the specific needs of your organization. The following are a few reasons why our clients have chosen USC Viterbi School of Engineering as their program provider:

  • Interest in connecting with USC experts for real organizational issues
  • Engineering training and executive education opportunities in a condensed period of time
  • Educational opportunities at multiple company sites through on-site training and/or distance offerings to several sites simultaneously
  • Preference for providing Continuing Education Units (CEUs) rather than degree-oriented academic units
  • Overall flexibility in timing, delivery and pricing

If you are interested in learning more, please contact us by email or at 213-740-4488

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Custom Programs

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