Live support chatRanking Models – Budgeting, Business, and Military Applications
In Ranking Models – Budgeting, Business, and Military Applications, you'll learn ...
- An Overview of Developing Decision Criteria and Metrics
- How decision-making techniques can be applied to a ranking-driven budgeting and resource allocation example
- How decision-making techniques can be applied to a line item retention and deletion example
Overview
Preview a portion of this course before purchasing it.
Credit: 2 PDH
Length: 24 pages
This course describes several business applications and examples that have used structured decision-making processes to develop a framework for evaluating corporate and government ranking and resource allocation problems. Many of the other courses available on this website that were developed by this author have discussed tools, methods, and approaches for developing decision-making frameworks. This course provides some additional examples where these tools can be used and applied in real-world applications.
The examples discussed in this course are examples of business and military applications. The projects describe examples where decision science methods are used primarily for ranking and where these methods are embedded in a broader decision-making framework. A detailed example is provided in a budgeting application model developed for the military. Other decision frameworks are discussed in the areas of Line Item Retention and Deletion and Manpower Skill Mix Planning and Resource Allocation, Strategic Planning, and New Product Development. Additionally, several military examples are provided for Officer Selection, Key Asset Protection and a framework for facility inspection, maintenance, and project prioritization. A brief overview is also provided on the process to develop decision criteria and metrics which are critical to a decision-making framework and used to develop the evaluation structure for these different types of problems.
Specific Knowledge or Skill Obtained
This course teaches the following specific knowledge and skills:
- Learn how decision-making techniques can be applied to a manpower skill mix planning and resource allocation example
- Learn how decision-making techniques can be applied to a product research and development example
- Learn how decision-making techniques can be applied to an officer selection example
- Learn how decision-making techniques can be applied to a key asset protection example
- Learn how decision-making techniques can be applied to a facilities maintenance and project prioritization example
Certificate of Completion
You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 10 questions. PDH credits are not awarded until the course is completed and quiz is passed.
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Preview a portion of this course before purchasing it.
Credit: 2 PDH
Length: 24 pages
