Decision Science Techniques for Project Managers September 17, 2011

Project Management revolves around decisions like: Where do we stand on plan vs. actual activities? Are we meeting milestone and deliverable dates? Are we exceeding planned budgets? What is the overall status and where are the bottlenecks in the project? But these decisions are usually centric to single project's success. Whereas reality is that actions taken on one project affect cost and available resources throughout the company and thus affect organizations' strategic objectives.


Decision Science is technique to have strategic value, assess the viability of projects within a portfolio; Decide whether projects are meeting Key Performance Indicators (KPIs); Provide clients access to relevant data for checking on their projects' progress etc. Analytics through statistical techniques and tools based on broad data capture also provides the strategic metrics for organizations to make well informed decisions based on a complete picture of their project activities.


This session organized by Ahmedabad Branch of Project Management Institute, Mumbai Chapter will cover basic understanding of what data analytics is all about, how is data analytics considered as decision science technique, what is overall scope and usage of this in various industries and at project management level how important is data analytics.

Speaker: Mr. Rahul Nawab, Founder, IQR Consulting and Promoter, ADSA

Rahul Nawab, Co-founder of IQR Consulting, is an analyst at heart. He has held increasingly senior roles in the analytics industry. Business strategies created by Rahul has had significant bottom line impact on increasing the profitability of the banks he has worked for.

With proven analytical ability and result oriented attitude, Rahul not only owns IQR Consulting but is active at various committee and organizations helping build a better community. Rahul Nawab has now ventured into field of academics by starting ADSA - Academy for Decision Science Ahmedabad, which offers professional certification courses on Analytics.