बाह्य व्याख्याते

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Following are the course objectives:

  • To familiarize with Management Science Approaches for Effective Decision Making
  • To discuss Operations Research Technique in Decision Making

To have an understanding of Project Management Techniques

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Overview

Learning Outcomes

By the end of this module, participants will be able to:

  • Describe the difficulties and challenges involved in decision-making under uncertain or risky conditions.
  • Comprehend the usage of quantitative data in making policy decisions.
  • Understand how and why certain techniques are used and what are their strengths or limitations when applied in an administrative setting.
  • Understand the process of formulation and express decision problems in a quantitative manner and use appropriate Operations Research techniques in finding optimal solutions.
  • Understand various quantitative/mathematical models for decision problems in a variety of functional areas of public services.
  • Understand applications of selected software programs to generate computerized solutions to managerial and administrative problems.
  • Describe and interpret the results obtained through the use of various Operations Research methodologies.
  • Interpret the output generated by software such as Microsoft Excel, when used to solve business problems.

Curriculum

Session 1: Module Introduction

 

Operations Management-What, why and How?

What is Operations Research?

Why Operations Research is Important in Public Services?

OR Process

Some Recent Application

 

Session 2 System Approach to Decision Making

 

Why System Thinking?

Problems with Sub-optimization approach

How to you use System Approach

Misunderstanding

Where not to use system approach?

 

Session 3 & 4 Assignment Model

 

What is Assignment Model?

Application of Assignment Model

Flood Approach to Assignment Model

Special Cases in Assignment Model

Using Microsoft Excel for Assignment Model

 

Session 5&6      Transportation Problem

 

What is Transportation Model?

Applications of Transport Model

North-West Corner, Least Cost and VAM Models for Initial Solution

MODI method for optimality Testing

Using Excel for Transport Model

Special Cases Applications

 

Session 7& 8 Linear Programming

 

Why LPP and its Applications

Problem Formulation

Solution by Solver Function?

Economic Interpretations of Solutions

What-if Scenarios

 

Session 9 &10 Project Management

 

Why Project Management? How it is different from other Work?

Scheduling and controlling the Project Activities

Setting up Linkages: Network Construction

Scheduling and Controlling Recurring Projects: CPM

Scheduling and Controlling Non-Recurring Projects: PERT

Managing Time and Resources: Crashing

Faculty Contact

  1. Dr. Pawan K. Taneja