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Decision Making in Projects (Engineering): Initiation, Planning, Monitoring and Control (Online/Classroom)

By: EuroMaTech Training and Management Consultancy

United Arab Emirates

13 - 17 Feb, 2022  5 days

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USD 4,950

Venue: Live - Online

Other Dates

Venue Date Fee  
London, United Kingdom 14 - 18 Feb, 2022 USD5950
Dubai , United Arab Emirates 23 - 27 Oct, 2022 USD4950
Live - Online , United Arab Emirates 23 - 27 Oct, 2022 USD2400

Project management professionals are increasingly required to make business decisions under pressure in complex, uncertain and highly dynamic situations. Some decisions expect and allow thorough data gathering and analysis, some are made based on an educated guess or driven by intuition. What drives our choices and judgments? How do we improve the quality of our decisions? How do we influence others’ conclusions?

Through decision making models we do not essentially plan for the risks, but we perform a reality check with what should be the step which shall be taken in response to a particular situation. This situation may account for positive or negative risks and for the risks we can deduce a risk response plan accordingly. Project management thrives on the rationality of decisions and here is where it is important for professionals to have a process which enables project team to decide rationally about different aspects of the project. Rational decision making is required throughout the project life cycle and at each project stage.

EuroMaTech’s Decision Making in Projects training course explores how to use rational decision-making tools to ensure projects deliver valuable outcomes within time and budget constraints. It covers key decisions during project initiation, planning, monitoring and control to solve typical project management problems. It also considers how to manage uncertainty through the use of contemporary risk management techniques.

Participants on EuroMaTech’s Decision Making in Projects training course will develop the following competencies:

  • Identify the problem, gather relevant information
  • Look out for the constraints and limitations
  • Find, analyse all the alternatives and select the best of them
  • Implement and establish a control and valuation system
Programme Objectives

EuroMaTech’s Decision Making in Projects training course aims to help participants to develop the following critical objectives:

  • Understand the meaning and impact of critical thinking and rational decision making in projects
  • Know how to apply key project management tools and techniques at strategic, corporate and operational levels
  • Develop and justify viable project management solutions based on a rational analysis and latest findings of decision science
  • Appreciate project management processes and knowledge areas
  • Improve the quality of business decisions through effective idea generation and analysis, critical thinking, creative problem solving & risk assessment
  • Develop skills in project initiation, planning and control
  • Apply key qualitative and quantitative analysis techniques to typical project situations
Who Should Attend?

EuroMaTech’s Decision Making in Projects training course is suitable for a wide range of professionals, but will be particularly beneficial to:

  • Project management professionals
  • Financial planning and forecasting specialists
  • Internal auditors and management accountants
  • Professionals who make or support project decisions and would like to be able to develop well justified business solutions
Live - Online Feb 13 - 17 Feb, 2022
London, United Kingdom 14 - 18 Feb, 2022
Dubai , United Arab Emirates 23 - 27 Oct, 2022
Live - Online , United Arab Emirates 23 - 27 Oct, 2022
USD 4,950.00(Physical)
USD 2,400.00(Virtual)
USD 5,950.00(Physical)
(Convert Currency)

EuroMaTech Training and Management Consultancy 00971 4 4571800

EuroMaTech

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