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Decision-Making in the Age of BIG-DATA
Jul 20, 2023 @ 6:15 pm - 8:00 pm
THIS MEETING IS A VIRTUAL EVENT!
PMI Baltimore Chapter – Virtual Site Meeting
Title: Decision-Making in the Age of BIG-DATA
Date and Time: Thursday, July 20, 2023, 6:20 pm – 8:00 pm
Cost: $5 for members; $10 for non-members; $0 for volunteers.
You must be logged in as a member to receive the member discount; no credits will be provided if you are not logged in. There will be no refunds or credits issued for this meeting.
PDUs: This educational event qualifies for 0.50 Ways of Working and 1.00 Business Acumen
Online Access: On July 19, 2023 you will be sent the URL to join the meeting from VP.Programs@PMIBaltimore.org. If you don’t receive the login info, please check your spam.
Meeting: 6:15pm: Log in and join the meeting — 6:20pm – 8:00pm: Presentation and Q&A
Abstract: Today, in the face of information overload, and choice overload, our decision-making tends to become overly influenced by personal biases, intuition, prior experience, illusions, and perception.
This workshop will help you recognize and identify the Perils & Pitfalls of Decision-Making; and make you aware of the Decision-Contamination, and Decision-Manipulation. Finally, we will get an insight into Analytical Decision-Making, as a remedy. We will also present the tools, and techniques, available to make decisions that are timely, consistent, optimal, and defensible.
The greatest misunderstanding about negotiating is that it is adversarial in nature. In reality, it is a problem-solving process where each side sees the other as a potential partner – it is not designed for those with a trial or debating mentality.
Key Takeaways:
After this one-hour session, learners will be able to:
Recognize human irrationality and illusions that creep into decision making
Understand key factors that impact decision making
Make bid-evaluation and vendor-selection defensible
Presenter: Prof. Errol Wirasinghe Ph.D.
Dr. Errol’s Journey (2 min.): https://youtu.be/Q98nNy4UtFI
Dr. Errol Wirasinghe started his working life as an Engineering Apprentice as a welder, and blacksmith. Subsequently, he graduated as Valedictorian, and obtained his Ph.D. in the UK.
He spent 27 years as a Research Scientist, Univ. Professor, and Oil & Gas Engineer/Consultant.
In 1999, he changed careers to focus on “Decision-Making” and “Negotiating” (training and consulting) and published books on both topics. Additionally, he owned & operated two retail stores; Founded an Equipment Leasing Company, and also founded a Procurement Company, supplying to Oil Companies in Angola.
He was honored by the Society of Petroleum Engineers as one of their 2009-10 Distinguish Lecturers.