IT, Telecommunication , Networking Training Courses

Effective Business Decisions Using Data Analysis

Duration
2025-03-24 5 Days 2025-03-28
Attendance

Hotel Meeting Room

Hotel Meeting Room
Course code
IT-386
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City / venue
Beijing

Classroom

Fees / hours
4950 $ | 25 Hours

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Course details

Overview ?

Why Choose this Course?

This interactive, applications-driven 5-day course will highlight the added value that data analytics can offer a professional as a decision support tool in management decision making. It will show the use of data analytics to support strategic initiatives; to inform on policy information; and to direct operational decision making. The course will emphasize applications of data analytics in management practice; focus on the valid interpretation of data analytics findings; and create a clearer understanding of how to integrate quantitative reasoning into management decision making. Exposure to the discipline of data analytics will ultimately promote greater confidence in the use of evidence-based information to support management decision making.

This course will feature:
  • Discussions on applications of data analytics in management

  • The importance of data in data analytics

  • Applying data analytical methods through worked examples

  • Focusing on management interpretation of statistical evidence

  • How to integrate statistical thinking into the work domain

What are the Goals?
By the end of this course, participants will be able to:
  • Appreciate data analytics in a decision support role.

  • Explain the scope and structure of data analytics.

  • Apply a cross-section of useful data analytics.

  • Interpret meaningfully and critically assess statistical evidence.

  • Identify relevant applications of data analytics in practice.

Who is this Course for?
This course is suitable to a wide range of professionals but will greatly benefit:
  • Professionals in management support roles

  • Analysts who typically encounter data / analytical information regularly in their work environment

  • Those who seek to derive greater decision making value from data analytics   

How will this be Presented?

This course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. The daily workshops will be highly interactive and participative. This involves regular discussion of applications as well as hands-on exposure to data analytics techniques using Microsoft Excel. Delegates are strongly encouraged to bring and analyse data from their own work domain. This adds greater relevancy to the content. Emphasis is also placed on the valid interpretation of statistical evidence in a management context. 

The Course Content
Day One
Setting the Statistical Scene in Management
  • Introduction; The quantitative landscape in management

  • Thinking statistically about applications in management (identifying KPIs)

  • The integrative elements of data analytics

  • Data: The raw material of data analytics (types, quality and data preparation)

  • Exploratory data analysis using excel (pivot tables)

  • Using summary tables and visual displays to profile sample data

 

Day Two
Evidence-based Observational Decision Making
  • Numeric descriptors to profile numeric sample data

  • Central and non-central location measures

  • Quantifying dispersion in sample data

  • Examine the distribution of numeric measures (skewness and bimodal)

  • Exploring relationships between numeric descriptors

  • Breakdown analysis of numeric measures

             

Day Three
Statistical Decision Making – Drawing Inferences from Sample Data
  • The foundations of statistical inference

  • Quantifying uncertainty in data – the normal probability distribution

  • The importance of sampling in inferential analysis

  • Sampling methods (random-based sampling techniques)

  • Understanding the sampling distribution concept

  • Confidence interval estimation

 

Day Four
Statistical Decision Making – Drawing Inferences from Hypotheses Testing
  • Thate rionale of hypotheses testing

  • The hypothesis testing process and types of errors

  • Single population tests (tests for a single mean)

  • Two independent population tests of means

  • Matched pairs test scenarios

  • Comparing means across multiple populations

 

Day Five
Predictive Decision Making - Statistical Modeling and Data Mining
  • Exploiting statistical relationships to build prediction-based models

  • Model building using regression analysis

  • Model building process – the rationale and evaluation of regression models

  • Data mining overview – its evolution

  • Descriptive data mining – applications in management

  • Predictive (goal-directed) data mining – management applications

Day 1

Asset Cost Management Introduction

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 2

Laying the Groundwork

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 3

Applying the Value based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 4

Ensuring the Continuity of the Value-based Process

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Day 5

Supporting Process that Lower Life-cycle costs

Definitions of reliability, maintenance & asset management
The total cost of maintenance
Best practice reliability and maintenance processes
Elements of asset management best practice
Auditing performance
Overview of TPM, RCM, BCM, QCM, and other asset management buzzword
Open discussion sessions

Training Methodology

Pathways Training and consulting adopts the newest techniques of human resources Training and consulting and, with the following:

  • Theoretical lectures are delivered via PowerPoint and visual displays (videos and short films)
  • Making scientific evaluation to the trainee (before and after)
  • Brainstorming and role-playing
  • Using case studies related to the scientific material being delivered and the trainees' work.
  • The participants get the scientific and practical material printed and on CDs and Flash memories.
  • Preparing records and reports of the participants' attendance and results, with a general evaluation of the training program.
  • A group of the best trainers and experts in all fields and specialties professionally prepares the scientific material.
  • After finishing the course, the participants get certificates of attendance signed, certified, and issued by pathways Training and consulting.
  • Our training programs start at 9:00 o'clock in the morning and end at 2:00 in the afternoon, with snack buffet during the lectures.
  • Providing a lunch buffet during the training program period, with organizing a lunch party on the training program final day for taking some photos and certificate awarding.
Different venues & timings for this course

Course name

Duration

City

Price

Effective Business Decisions Using Data Analysis

16, Feb 2025 20, Feb 2025

Kuwait

2750$

Effective Business Decisions Using Data Analysis

24, Feb 2025 28, Feb 2025

Berlin

4750$

Effective Business Decisions Using Data Analysis

03, Mar 2025 07, Mar 2025

Brussels

4750$

Effective Business Decisions Using Data Analysis

10, Mar 2025 14, Mar 2025

Zurich

4750$

Effective Business Decisions Using Data Analysis

17, Mar 2025 21, Mar 2025

Trabzon

3500$

Effective Business Decisions Using Data Analysis

23, Mar 2025 27, Mar 2025

Khobar

2750$

Effective Business Decisions Using Data Analysis

24, Mar 2025 28, Mar 2025

Beijing

4950$

Effective Business Decisions Using Data Analysis

31, Mar 2025 04, Apr 2025

Milan

4750$

Effective Business Decisions Using Data Analysis

31, Mar 2025 04, Apr 2025

Amsterdam

4750$

Effective Business Decisions Using Data Analysis

07, Apr 2025 11, Apr 2025

Bangkok

4950$

Effective Business Decisions Using Data Analysis

13, Apr 2025 17, Apr 2025

Muscat

2750$

Effective Business Decisions Using Data Analysis

21, Apr 2025 25, Apr 2025

Toronto

5500$

Effective Business Decisions Using Data Analysis

28, Apr 2025 02, May 2025

Barcelona

4750$

Effective Business Decisions Using Data Analysis

05, May 2025 09, May 2025

London

4750$

Effective Business Decisions Using Data Analysis

11, May 2025 15, May 2025

Cairo

2450$

Effective Business Decisions Using Data Analysis

19, May 2025 23, May 2025

Geneva

4750$

Effective Business Decisions Using Data Analysis

26, May 2025 30, May 2025

Vienna

4750$

Effective Business Decisions Using Data Analysis

26, May 2025 30, May 2025

Milan

4750$

Effective Business Decisions Using Data Analysis

02, Jun 2025 06, Jun 2025

Munich

4750$

Effective Business Decisions Using Data Analysis

09, Jun 2025 13, Jun 2025

Prague

4750$

Effective Business Decisions Using Data Analysis

16, Jun 2025 20, Jun 2025

Rome

4750$

Effective Business Decisions Using Data Analysis

23, Jun 2025 27, Jun 2025

Jakarta

3500$

Effective Business Decisions Using Data Analysis

29, Jun 2025 03, Jul 2025

Tunisia

3250$

Effective Business Decisions Using Data Analysis

07, Jul 2025 11, Jul 2025

Marbella

4750$

Effective Business Decisions Using Data Analysis

14, Jul 2025 18, Jul 2025

Paris

4750$

Effective Business Decisions Using Data Analysis

21, Jul 2025 25, Jul 2025

Madrid

4750$

Effective Business Decisions Using Data Analysis

27, Jul 2025 31, Jul 2025

DUBAI

2950$

Effective Business Decisions Using Data Analysis

04, Aug 2025 08, Aug 2025

Kuala Lumpur

3250$

Effective Business Decisions Using Data Analysis

10, Aug 2025 14, Aug 2025

Amman

2750$

Effective Business Decisions Using Data Analysis

17, Aug 2025 21, Aug 2025

Marrakesh

2950$

Effective Business Decisions Using Data Analysis

24, Aug 2025 28, Aug 2025

Sharm ElShaikh

2750$

Effective Business Decisions Using Data Analysis

31, Aug 2025 04, Sep 2025

Doha

3500$

Effective Business Decisions Using Data Analysis

07, Sep 2025 11, Sep 2025

Casablanca

2950$

Effective Business Decisions Using Data Analysis

14, Sep 2025 18, Sep 2025

Riyadh

2750$

Effective Business Decisions Using Data Analysis

22, Sep 2025 26, Sep 2025

Istanbul

2950$

Effective Business Decisions Using Data Analysis

28, Sep 2025 02, Oct 2025

Jeddah

2750$

Effective Business Decisions Using Data Analysis

05, Oct 2025 09, Oct 2025

Manama

2750$

Effective Business Decisions Using Data Analysis

12, Oct 2025 16, Oct 2025

Beirut

2750$

Effective Business Decisions Using Data Analysis

20, Oct 2025 24, Oct 2025

Singapore

4950$

Effective Business Decisions Using Data Analysis

26, Oct 2025 30, Oct 2025

Kuwait

2750$

Effective Business Decisions Using Data Analysis

02, Nov 2025 06, Nov 2025

DUBAI

2950$

Effective Business Decisions Using Data Analysis

10, Nov 2025 14, Nov 2025

Kuala Lumpur

3250$

Effective Business Decisions Using Data Analysis

16, Nov 2025 20, Nov 2025

Amman

2750$

Effective Business Decisions Using Data Analysis

23, Nov 2025 27, Nov 2025

Marrakesh

2950$

Effective Business Decisions Using Data Analysis

30, Nov 2025 04, Dec 2025

Sharm ElShaikh

2750$

Effective Business Decisions Using Data Analysis

07, Dec 2025 11, Dec 2025

Doha

3500$

Effective Business Decisions Using Data Analysis

14, Dec 2025 18, Dec 2025

Casablanca

2950$

Effective Business Decisions Using Data Analysis

21, Dec 2025 25, Dec 2025

Riyadh

2750$

Effective Business Decisions Using Data Analysis

28, Dec 2025 01, Jan 2026

Casablanca

2950$

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