Decision Analysis In Project Management

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  • View profile for Oladotun Ajayi

    At the intersection of health, policy, business and development; democratizing opportunities for young persons to increase employability. 2023 Diana Award Recipient. LinkedIn Top Voice.

    95,450 followers

    One of the major highlight was the policy statement on the inclusion of Technology and AI to reduce the workload burden. Artificial Intelligence (AI) is revolutionizing nursing by introducing smart tools that enhance decision-making, patient monitoring, and care delivery. One major innovation is the integration of AI-powered clinical decision support systems (CDSS) that assist nurses in identifying early signs of deterioration, predicting patient outcomes, and recommending evidence-based interventions. These systems analyze vast amounts of patient data in real time, enabling nurses to act swiftly and accurately, ultimately reducing errors and improving patient safety. Wearable health devices and remote monitoring tools powered by AI also allow nurses to track vital signs continuously, even from a distance, promoting proactive care for chronic disease patients. AI is streamlining administrative and documentation tasks, giving nurses more time for direct patient care. Voice recognition technology and natural language processing are being used to automate nursing documentation, reducing burnout and improving workflow efficiency.

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  • View profile for Natan Mohart

    Tech Entrepreneur | Artificial & Emotional Intelligence | Daily Leadership Insights

    54,351 followers

    90% of teams don’t fail because of lack of talent. They fail because nobody knows who owns what. I’ve seen strong teams with senior people and clear goals still miss deadlines, clash on decisions, and redo the same work twice. Not a skills problem. A clarity problem. Two things were always mixed together: execution and decision-making. So I separated them. RACI → for execution clarity Who does the work Who owns the outcome Who gives input Who stays informed DACI → for decision clarity Who drives the process Who makes the final call Who contributes Who gets informed What changed: • Meetings got shorter • Decisions got faster • Accountability became obvious • “I thought you owned this” disappeared The key insight: RACI fixes execution chaos. DACI fixes decision chaos. Most teams try to solve both with one framework and end up with neither. What I do now: – RACI at the start of every project – DACI for every meaningful decision – No shared ownership – No shared final approval Clarity scales. Ambiguity kills velocity. If your team feels busy but stuck this is probably what’s missing. – Natan Mohart

  • View profile for Eric Singler

    Senior Advisor @Ipsos I Founder of BVA Nudge Consulting | Co-Founder @PRS IN VIVO I @TEDx Speaker | Partner Human Wise Alliance I President NudgeFrance I President Phronesis Consulting I Author I BE Good podcast host

    11,695 followers

    « MAKE BETTER DECISIONS » TIP 2 on GROUP DECISIONS: 👉 Don’t start with discussion, start with independent thinking, 👉 don’t seek alignment, organize constructive disagreement, 👉 and design the process so the best ideas win—not the loudest voices. 🎯 If making decisions alone has drawbacks, collective decisions may seem better… 👉 But making good decisions as a group is also challenging—and requires a rigorous process. 👉 Groups—executive committees, boards, project teams—are meant to improve decision quality. 🧠 Why? When they work well, they: 👉 combine expertise 👉 reveal hidden information 👉 challenge assumptions 👉 reduce blind spots 👉 A group can become true collective intelligence… if it functions well. --- ⚠️ But reality is more complex. 👉 Groups don’t always correct biases… 👉 they can amplify them. --- 🎯 Main biases in group decision-making 🔴 Shared information bias (Sunstein & Hastie) 👉 focus on common knowledge, ignore unique insights 🔴 Conformity 👉 align with dominant or early opinions 🔴 Hierarchy bias 👉 overweight the leader’s view 🔴 Groupthink 👉 consensus over quality 🔴 Polarization 👉 more extreme decisions 🔴 Noise (Sibony, Kahneman, Sunstein) 👉 inconsistent judgments --- 👉 Result: committees may produce decisions that are neither better nor more reliable. --- 🛠️ What should we do? --- ✅ Surface unshared information 👉 “what do you know that others don’t?” --- ✅ Separate thinking before discussion 👉 individual views first --- ✅ Organize disagreement 👉 encourage divergence 👉 use a devil’s advocate --- ✅ Structure the decision 👉 define criteria 👉 evaluate independently --- ✅ Let the leader speak last --- ✅ Give everyone a voice --- 👤 Leader’s role: 👉 not to decide alone 👉 but to design the system 👉 ensure safety for disagreement 👉 accept challenge 👉 avoid early influence --- 🎯 In summary: 👉 A group can be collective intelligence… or collective error. 👉 The difference lies in the process. --- My next post: 👉 why psychological safety is critical? 📚 Recommended: “Wiser” – Cass Sunstein & Reid Hastie Hastie Ipsos Ipsos bva BVA Nudge Consulting #Decision #Leadership #Groupthink

  • View profile for Phil Hayes-St Clair

    CEO Coach · 20+ years across healthcare, technology, biotech and aerospace

    18,268 followers

    Uncertainty isn’t the enemy of leadership. Silence in uncertainty is. Markets shift. Geopolitics flare. Technology disrupts. No leader can predict exactly what comes next. The mistake isn’t saying “I don’t know.” The mistake is leaving it there. Silence creates space for fear. Scenarios create space for confidence. The leaders I know say this: “We don’t know the future…But here are three ways it could play out, and here’s how we’ll respond to each.” That shift replaces anxiety with structure. Here’s how scenarios guide decisions: 1. Best Case → Maximise Opportunity • If growth rebounds, be ready to scale • Line up resources and move first • Optimism matters only if you’re prepared 2. Base Case → Navigate Steady State • In uneven recovery discipline wins • Tier your investments • Forecast cash tightly • Normalise quarterly adjustments 3. Worst Case → Build Resilience • Protect non-negotiables • Pre-approve cost levers • Over-communicate with empathy, reinforce purpose • Trust is forged in downturns, not booms. The real power is in cascading this skill to teams: → Model vulnerability (“I don’t know yet”) → Teach them to sketch 3 scenarios in 15 minutes → Anchor every path to concrete actions → Repeat until it becomes part of culture At 6 months, fear gives way to clarity. At 2 years, resilience becomes second nature. Remember, great leaders don’t eliminate uncertainty. They equip their people to move confidently within it. That’s how you scale trust, resilience, and momentum, inside your company and across your partnerships. --------------------------- Avoid missing insights like this. Get cheatsheets like this each Wednesday. Subscribe to my free newsletter: https://philhsc.com ➕ Follow me, Phil Hayes-St Clair for more like this.

  • View profile for Justin Mecham

    Founder creatyl.com | I help creators, coaches, & consultants build digital products that earn 24/7 | I help founders grow their personal brand to turn readers into buyers | Learn all my secrets in my newsletter below 👇

    400,142 followers

    You don't have a time problem.  You have a decision problem. Here is the difference: Busy people react to their day. Productive people decide it before it even starts. You do not need more hours. You need to stop letting the loudest task win. Here are 15 of the top methods to master your time and decisions. Pick what fits best: 🔸 When you need pure focus: Pomodoro Technique:  » 25 minutes on. 5 off. » One task. Full attention. No exceptions. 🔹 When everything feels urgent: Eisenhower Matrix:  » Sort by urgency AND importance. » Do, schedule, delegate, or delete. That is it. 🔸 When your list feels overwhelming: ABCDE Method:  » Label every task A through E. » Only A's get done first. Everything else waits. 🔹 When you need a full day structure: 3-3-3 Method:  » 3 hours deep work. » 3 short tasks. 3 things to maintain. 🔸 When quick tasks pile up: 2 Minute Rule: » If it takes under 2 minutes do it right now.  » Stop letting it stack. 🔹 When you are wasting effort: 80/20 Method:  » 20% of your work drives 80% of your results.  » Find that 20%. 🔸 When you need a big win: Eat the Frog:  » Do your hardest task first. » Everything after it feels easy. 🔹 When your head will not stop: Getting Things Done: » Capture everything out of your head. » Clarify it. Organize it. Then act on it. 🔸 When work piles up on your team: Kanban Board:  » Three columns. » To do. Doing. Done. See it move. 🔹 When context switching kills you: Task Batching:  » Group similar work together. » Your brain stays in one gear longer. 🔸 When you do too much yourself: Warren Buffett 5/25 Rule:  » Write your top 25 goals. » Focus on 5. Avoid the other 20 completely. 🔹 When projects feel chaotic: MSCW Method:  » Must have. Should have. Could have. Will not have.  » Decide now. 🔸 When meetings eat your day: Time Blocking:  » Give every hour a job. » Guard those blocks like they are appointments. 🔹 When tasks keep getting dropped: 1-3-5 Method:  » One big task. Three medium. Five small.  » Every single day. 🔸 When everything feels like a priority: Pickle Jar Method:  » Big rocks first. Small stuff fills the gaps.  » Not the reverse. The best time managers are not the ones who do the most. They are the ones who decided what not to do and had the discipline to mean it. 🎁 Want PDFs of my top infographics + growth tools? 👉 Go Here: https://lnkd.in/g2xbnwhp ______________________ 📚 Join my free workshop to build digital products that sell over and over. ➡️ Save your seat: https://lnkd.in/gNc9zSx6 Please repost to help others out there! ♻️

  • View profile for Vitaly Friedman
    Vitaly Friedman Vitaly Friedman is an Influencer

    Practical insights for better UX • Running “Measure UX” and “Design Patterns For AI” • Founder of SmashingMag • Speaker • Loves writing, checklists and running workshops on UX. 🍣

    225,339 followers

    ✂️ How To Map Unintended Consequences of UX Decisions (https://lnkd.in/dprq_aGc), with practical techniques to visualize, map and start planning for unintended consequences of design decisions — with systems thinking, impact ripples, iceberg visuals and feedback loops. By Martin Tomitsch and Justin Farrugia. 🤔 Not every design outcome is predictable and linear. ✅ Small changes can set large ripple effects in motion. ✅ Users don’t act in isolation; they react to feedback loops. ✅ Immediate metrics (e.g. clicks) often mask long-term impact. 🚫 We often focus on UX flows → but overlook causality, ripples. ✅ Systems Maps visualize relationships and consequences. ✅ We study direct and indirect effects of a suggested change. ✅ Quadrant Matrix → We map changes on Impact vs. Repetition. ✅ Impact Ripple → Direct impact, Indirect Impact, Big Picture. ✅ Iceberg Model → Events, Patterns, Structures, Mental Model. No design decision exists in isolation. Often we try to use linear user journey maps to understand how people use our product or go through specific flows. We measure the impact of A/B tests to see if we achieve a desired outcome and move the needle. We track conversion, clicks, engagement. In other words, we track metrics that often hide the complexities of user interactions and relationships between features and flows in our products. Complex systems often have conflicting loops — a feature that drives short-term retention might drive long-term churn or abandonment. Often these effects are delayed, invisible and appear to be highly unlikely at first. So before focusing on fine details of a feature, it's always a good idea to sit down and explore direct and indirect impact of the changes — for different user profiles, and the different workflows that users apply daily. A great reminder that as designers we are often so focused on fine little details too early — mostly to outperform the competition in some way. But we often forget that our product must excel in user's workflows with a few critical systems, dozens of other apps and hundreds of other tabs. --- ✤ Useful Toolkits and Books: Designing Tomorrow, by Martin Tomitsch, Steve Baty https://lnkd.in/dmXEZREr Thinking in Systems: A Primer, by Donella Meadows https://lnkd.in/dXbm5EEA Good Services: How to Design Services that Work, by Louise Downe https://lnkd.in/d5SigzvX The Great Mental Models, by Rhiannon Beaubien https://lnkd.in/dnT_GtDT Useful Books on Systems Thinking, by James Pomeroy https://lnkd.in/dH7d9exZ #ux #design

  • View profile for Antonio Vizcaya Abdo

    Sustainability Leader | Governance, Strategy & ESG | Turning Sustainability Commitments into Business Value | TEDx Speaker | 126K+ LinkedIn Followers

    126,018 followers

    Climate scenario analysis 101 🌍 A great resource from MSCI outlines the fundamentals of climate scenario analysis and how it supports decision making in finance and business. Scenario analysis provides a structured way to evaluate how climate risk and transition pathways may influence markets, portfolios, and corporate strategies. For companies, this is increasingly relevant. Climate change is driving shifts in policy, technology, and consumer demand, and businesses need tools that test strategies across multiple possible outcomes. MSCI describes four types of scenarios. Fully narrative scenarios are qualitative frameworks that help map potential risk pathways and identify emerging issues in the early stages of analysis. Quantified narrative scenarios combine narratives with numerical estimates. They allow organizations to assign data to possible futures, creating an entry point to quantify risks before moving to more complex models. Model driven scenarios are developed with integrated assessment models that merge economic, energy, land use, and climate systems. These scenarios are widely applied by regulators and investors for stress testing and forecasting. Probabilistic scenarios introduce probability distributions to reflect uncertainty across multiple futures. This approach is useful for assessing financial risk exposure and for stress testing under varying climate conditions. Each scenario type has clear strengths and limitations. Narrative approaches are flexible and cost effective, while model based and probabilistic approaches provide more detail and credibility but require technical expertise and resources. MSCI proposes a progressive method that combines different types of scenarios. Organizations can begin with narratives, advance through quantification, refine insights with models, and ultimately integrate scenario analysis into strategy and governance. For business leaders, the implications are significant. Scenario analysis helps evaluate exposure to transition and physical risks, assess regulatory impacts, and identify opportunities emerging in a low carbon economy. It also strengthens strategic foresight. By translating complex climate science into structured outputs, it enables boards and executives to take informed decisions on risk and resilience. As expectations on sustainability rise, climate scenario analysis is becoming an essential capability for companies seeking to manage uncertainty and position themselves for long term competitiveness. Source: MSCI #sustainability #business #sustainable #esg

  • View profile for Dawid Hanak
    Dawid Hanak Dawid Hanak is an Influencer

    Professor helping academics & researchers publish and build careers that make an impact beyond academia without sacrificing research time | Research Career Club Founder | LinkedIn & Paper Writing Training

    58,555 followers

    The harsh truth: Without proper techno-economic assessment, your net zero technology or project can be *just* a science experiment. Here’s what you need to know. Performing a techno-economic assessment (TEA) from the early stage of technology or project development will support your decision making. It will provide you with key insights into costs, benefits, and feasibility. Here’s a quick breakdown of the key steps in a TEA: 1. Define Your Goal and Scope • What are you trying to achieve with this assessment? • Set clear objectives, boundaries, and a functional unit (e.g., cost per ton of CO₂ avoided). 2. Design Your Process and System Boundaries • Map out the process with flow diagrams and identify all key input/output streams. • Establish clear boundaries to understand what’s included in the analysis. 3. Gather Data for Inventory Analysis • Collect data on capital expenditures (CAPEX), operating costs (OPEX), energy use, and material inputs. • Address gaps and uncertainties in data collection. 4. Perform Economic Modeling • Break down costs into CAPEX, OPEX, and variable costs. • Use tools like discounted cash flow (DCF) analysis to calculate metrics like NPV and ROI. 5. Assess Key Performance Indicators (KPIs) • Focus on critical metrics such as: • Cost per ton of CO₂ avoided • Energy efficiency • Payback period 6. Run Sensitivity and Uncertainty Analysis • Identify the most significant cost drivers and test assumptions under different scenarios. • Identify and understand financial risks 7. Interpret and Present Results • Link findings to actionable recommendations for optimization or decision-making. • Communicate results in a way that resonates with stakeholders (e.g., policymakers, investors). Pro Tip: Combine TEA with life cycle assessment (LCA) to address both economic and environmental impacts for a holistic evaluation. 💡 Want to learn how to build and apply a TEA for your net zero project? I’ll be hosting regular 2-day training sessions throughout 2025 to provide hands-on guidance and tools to evaluate your projects confidently. The first cohort will be announced later today (as I’m screening through 250 applications!) #CarbonCapture #Research #Scientist #Sustainability #NetZero #ChemicalEngineering #Professor

  • View profile for Anders Liu-Lindberg

    Leading advisor to senior Finance and FP&A leaders on creating impact through business partnering | Interim | VP Finance | Business Finance

    454,693 followers

    Most “sensitivity analyses” aren’t sensitive at all. They’re just a few +/- tweaks in Excel. If you want to do it properly, here are 5 quick tips: 1. Pick the right drivers → Focus on the 3–5 variables that truly move the business (price, volume, churn, CAC). 2. Test extremes, not just margins → Push assumptions until the model breaks; that’s where you find the risks. 3. Use scenarios, not scatter → Structure downside, base, and upside cases with clear triggers. 4. Visualize impact → Tornado charts, spider plots, or even simple waterfall views make risks tangible for leaders. 5. Connect to decisions → End every sensitivity test with: “If X happens, here’s what we’ll do.” Sensitivity analysis isn’t about proving your model. It’s about showing leaders where it bends, and where it breaks. P.S. What’s the most surprising variable you’ve seen sink a “bulletproof” plan?

  • View profile for Raphael Buck

    Get inspired to live a fulfilling life I CEO and Founder of get inspired

    60,311 followers

    Decide better faster - How to understand the nature of the decision and choose the right frame. Decision-making is key to any leadership role and a fulfilling life. I observe too many people, including myself, who struggle with decision-making. They push off decisions, are very slow decision makers, or have entire decision-making inertia. The emotional, financial, and opportunity costs of a lack of decision-making are massive. It's like stones that fill your backpack. Try to climb a mountain with 20kg of stones in your backpack. This is how many of us run around with unmade decisions. “Nothing is more difficult, and therefore more precious, than to be able to decide." Napoleon Bonaparte Key to improve your decision making is understanding the nature of the decision and choosing the right frame. Make better decisions faster.   WHY it matters Agency Deciding quickly restores a sense of control, shifting focus from constraints to action (Bandura, 1997). Momentum Fast decisions reduce friction and create forward motion (Milkman et al., 2014). Performance Organizations and leaders who decide faster in uncertainty outperform peers (Eisenhardt, 1989).   WHAT actions to take 1. One-Way vs Two-Way Door (Jeff Bezos) Decide fast when reversible, slow when irreversible. Best for: leadership, strategy, hiring, product decisions Match speed to reversibility 2. Expected Value Thinking (Annie Duke) Estimate: upside × probability – downside × probability. Best for: investments, bets, asymmetric opportunities Optimize for asymmetric upside 3. Opportunity Cost (Naval Ravikant) Every yes is a no to something else. Not deciding is still a decision—with a cost. Best for: time, priorities, career and portfolio choices Every yes has a price 4. Second-Order Effects (Ray Dalio) Look beyond immediate outcomes. Second- and third-order effects determine long-term success. Best for: strategy, systems, organizational decisions Think in consequences, not moments 5. Principles (James Clear) When outcomes are uncertain, anchor to values and identity. Best for: life-defining, ethical, cultural decisions Optimize for integrity over certainty     FINAL thought “When you have to make a choice and don’t make it, that is in itself a choice.” William James Design a life that works for you 🔥 ➕ Follow me for more life design advice ✍️ Subscribe to my newsletter on life design https://lnkd.in/ewzbNmS9

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