Decision Making and Cost Benefit Analysis
OMNI Academy offers best decision making and cost benefit analysis one day workshop program for industry professionals, decision makers and front line managers or consultants looking for ways to bring innovation into their work by using problem solving process and looking to understand how to make decisions and defend that decision or participants seeking a greater understanding of cost-benefit analysis so that they can make a valued judgement on investment proposals or day-to-day work.
Cost-Benefit Analysis: Course guides you through the ins and outs of cost-benefit analysis: the process of assessing the financial implications of change within a business environment. The course explains the principles of payback and provides a comprehensive review of the financial issues that are involved with business changes, new projects and investments.
Decision Making We make literally hundreds of decisions every day and frequently face problems that we need to solve. Sometimes gut instinct and logic are all staff need, but other decisions too important and the possible consequences of getting wrong to serious. Yet few workplaces provide problem solving and decision making skills training for staff.
Decision Making – Key Topics
This workshop covers two aspects of critical thinking (problem solving and decision making), specifically covers:
- the 7 I’s problem solving process
- creative problem solving tools (convergent and divergent thinking)
- the role of feelings, logic and intuition in decision making
- structured decision making tools.
Cost Benefits Analysis – Key Topics
Course enable you to effectively analyse decisions so that you can approve projects or investments that are cost effective and will benefit your organisation. You will be armed with the knowledge to present a strong case for your own proposals and make carefully considered business changes that will achieve results whilst preserving company money.
- Introduction to cost-benefit analysis
- Identifying opportunities for change
- Developing a financial case for change
When you have completed this course, you will be able to:
- Analyse decisions in terms of their benefits and financial gain
- Recognise an example of change in your organisation
- Identify capital cost which may arise
- List areas where net savings may be achieved
- Acknowledge wider financial implications
- Understand the principles of payback
Who is this course for?
- Cost-Benefit Analysis is the ideal online course for anyone seeking a greater understanding of cost-benefit analysis so that they can make a valued judgement on investment proposals. It is suitable for any decision-maker in a business environment, but it is particularly useful for business consultants and analysts.
- Decision Making This course is aimed at anyone looking for ways to bring innovation into their problem solving process and looking to understand how to make decisions and defend that decision. It’s useful to anyone who wants to extend their knowledge and gain new tools for decision making, but is particularly relevant to managers and business-owners.
Course Features
- Easy-to-follow sessions and group activities
- Workshop participants hands-on exercises
- Additional resources for post-course practices
- Glossary of useful terms
International Student Fee 300 USD
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Internships, Freelance and Full-Time Work opportunities
Flexible Class Options
- Week End Classes For Professionals SAT | SUN
- Corporate Group Trainings Available
- Online Classes – Live Virtual Class (L.V.C), Online Training
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