Master Decision Analysis Fundamentals and Take Your Career to the Next Level

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Decision Analysis Fundamentals Course Overview


Decision Analysis Fundamentals is a course that provides a comprehensive introduction to decision analysis, a process of systematically analyzing decisions to identify the most desirable alternative. It is designed to help decision makers make better decisions by introducing the fundamentals of decision analysis, including problem structuring, recognizing problems, risk assessment and decision modeling. This course covers topics such as decision criteria, utility analysis, decision trees, parametric and non-parametric models, and simulation. Additionally, the course provides tools for developing and evaluating decisions with an emphasis on creating the best decision for the situation. The course is appropriate for those interested in better understanding how to assess risks and outcomes of different options, to make informed decisions in their work.

This is a Rare Course and it can be take up to 3 weeks to arrange the training.

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The 1-on-1 Advantage

Get 1-on-1 session with our expert trainers at a date & time of your convenience.
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Flexible Dates

Start your session at a date of your choice-weekend & evening slots included, and reschedule if necessary.
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4-Hour Sessions

Training never been so convenient- attend training sessions 4-hour long for easy learning.
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Destination Training

Attend trainings at some of the most loved cities such as Dubai, London, Delhi(India), Goa, Singapore, New York and Sydney.
Live Online Training (Duration : 32 Hours) 1750 + If you accept merging of other students. Per Participant & excluding VAT/GST
We Offer :
  • 1-on-1 Public - Select your own start date. Other students can be merged.
  • 1-on-1 Private - Select your own start date. You will be the only student in the class.

4 Hours
8 Hours
Week Days
Weekend

Start Time : At any time

12 AM
12 PM

1-On-1 Training is Guaranteed to Run (GTR)
Group Training
Date On Request
Course Prerequisites

• Prior experience with analytics
• Basic knowledge of mathematics and statistics
• Working knowledge of linear programming
• Understanding of basic optimization techniques
• Understanding of basic probability principles
• Ability to think logically and critically
• Working knowledge of Excel and/or other decision support software

Target Audience


The target audience for Decision Analysis Fundamentals training includes professionals in a variety of fields such as business, finance, engineering, operations research, and government policy planning
People who need to make decisions quickly and have limited information, such as executives, planners, and analysts, can also benefit from this training
The intended audience also includes people who need to be able to make optimal decisions concerning long-term problems, such as risk assessment, resource allocation, and strategy formulation
Participants should have a basic understanding of mathematics and statistics, and some background in decision making
The training is suitable for people with a good understanding of their company's objectives and its environment, as well as for people who want to learn strategies for making optimal decisions

Learning Objectives of Decision Analysis Fundamentals


Decision Analysis Fundamentals Training teaches industry professionals how to assess different situations and develop efficient and effective decision-making processes. The training objectives are as follows:
1. To learn the basics of decision analysis and how to apply it to various situations.
2. To identify and select the most appropriate decision-making technique for a given problem.
3. To define objectives and develop criteria for making decisions.
4. To analyze data to identify potential risks and opportunities.
5. To evaluate available alternatives to make the optimal decision.
6. To apply decision analysis techniques in order to identify the best course of action.
7. To apply decision analysis tools to develop and evaluate decisions.
8. To improve decision-making abilities using practical case studies.
9. To gain insight into the implications of decision strategies.
10. To be able to apply effective decision-making processes in the workplace.

FAQ's


1-on-1 Public - Select your start date. Other students can be merged.
1-on-1 Private - Select your start date. You will be the only student in the class.
Yes, course requiring practical include hands-on labs.
You can buy online from the page by clicking on "Buy Now". You can view alternate payment method on payment options page.
Yes, you can pay from the course page and flexi page.
Yes, the site is secure by utilizing Secure Sockets Layer (SSL) Technology. SSL technology enables the encryption of sensitive information during online transactions. We use the highest assurance SSL/TLS certificate, which ensures that no unauthorized person can get to your sensitive payment data over the web.
We use the best standards in Internet security. Any data retained is not shared with third parties.
You can request a refund if you do not wish to enroll in the course.
To receive an acknowledgment of your online payment, you should have a valid email address. At the point when you enter your name, Visa, and other data, you have the option of entering your email address. Would it be a good idea for you to decide to enter your email address, confirmation of your payment will be emailed to you.
After you submit your payment, you will land on the payment confirmation screen.It contains your payment confirmation message. You will likewise get a confirmation email after your transaction is submitted.
We do accept all major credit cards from Visa, Mastercard, American Express, and Discover.
Credit card transactions normally take 48 hours to settle. Approval is given right away; however,it takes 48 hours for the money to be moved.
Yes, we do accept partial payments, you may use one payment method for part of the transaction and another payment method for other parts of the transaction.
Yes, if we have an office in your city.
Yes, we do offer corporate training More details
Yes, we do.
Yes, we also offer weekend classes.
Yes, Koenig follows a BYOL(Bring Your Own Laptop) policy.
It is recommended but not mandatory. Being acquainted with the basic course material will enable you and the trainer to move at a desired pace during classes.You can access courseware for most vendors.
Yes, this is our official email address which we use if a recipient is not able to receive emails from our @koenig-solutions.com email address.
Buy-Now. Pay-Later option is available using credit card in USA and India only.
You will receive the digital certificate post training completion via learning enhancement tool after registration.
Yes you can.
Yes, we do. For details go to flexi
You can pay through debit/credit card or bank wire transfer.
Yes you can request your customer experience manager for the same.
Yes, fee excludes local taxes.
Yes, we do.
Schedule for Group Training is decided by Koenig. Schedule for 1-on-1 is decided by you.
In 1 on 1 Public you can select your own schedule, other students can be merged. Choose 1-on-1 if published schedule doesn't meet your requirement. If you want a private session, opt for 1-on-1 Private.
Duration of Ultra-Fast Track is 50% of the duration of the Standard Track. Yes(course content is same).

Prices & Payments

Yes of course.
Yes, We are

Travel and Visa

Yes we do after your registration for course.

Food and Beverages

Yes.

Others

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“It is an interesting story and dates back half a century. My father started a manufacturing business in India in the 1960's for import substitute electromechanical components such as microswitches. German and Japanese goods were held in high esteem so he named his company Essen Deinki (Essen is a well known industrial town in Germany and Deinki is Japanese for electric company). His products were very good quality and the fact that they sounded German and Japanese also helped. He did quite well. In 1970s he branched out into electronic products and again looked for a German name. This time he chose Koenig, and Koenig Electronics was born. In 1990s after graduating from college I was looking for a name for my company and Koenig Solutions sounded just right. Initially we had marketed under the brand of Digital Equipment Corporation but DEC went out of business and we switched to the Koenig name. Koenig is difficult to pronounce and marketeers said it is not a good choice for a B2C brand. But it has proven lucky for us.” – Says Rohit Aggarwal (Founder and CEO - Koenig Solutions)
All our trainers are fluent in English . Majority of our customers are from outside India and our trainers speak in a neutral accent which is easily understandable by students from all nationalities. Our money back guarantee also stands for accent of the trainer.
Medical services in India are at par with the world and are a fraction of costs in Europe and USA. A number of our students have scheduled cosmetic, dental and ocular procedures during their stay in India. We can provide advice about this, on request.
Yes, if you send 4 participants, we can offer an exclusive training for them which can be started from Any Date™ suitable for you.