Ray Teoh Tham Kim: Ray Teoh Tham Kim is a ACTA certified trainer. He based in China Shanghai 2011 to 2015 setup offices in Shanghai, Hong Kong and Taiwan, JV with Malaysia Listed digital company Innity. In 2015 joined iClick Interactive, China programmatic company, listed in NASDAQ in 2017. Have setup eDragon Group in 2019 focusing in SME digital transformation. Janice Ong: Janice Ong is a ACTA certified trainer. Janice is a dynamic and results focused leader with global experience. She has over 20 years of business development, sales, marketing, strategy, digital marketing, eCommerce, training experience. She is Assertive Protagonist. Extraverted, Intuitive, Charismatic Leader. She early pioneer in e-Commerce, Website Development, Digital Marketing, CMS Content Management System with over 20 years of experience since her 1st job after graduation. She has great leadership, management and communication skills. She has an agile mind, able to handle complex problems, find solution and deliver outstanding results. Armand Abdul Rahim: Armand Abdul Rahim is a ACTA certified trainer. Armand Rahim has more than 20 years ICT experience that spans across Asia Pacific region. His primary domain of expertise and experience is on Leadership & Management, Digital & Product Marketing and Project Management.Armand graduated with MSc in Marketing Management. He is currently serving as Adjunct Lecturer with DeepNovaSG and London School of Business Finance. He have gotten Masters in Marketing Management, Diploma in Adult & Continuing Education (DACE), Advanced Certification in Training & Development (ACTA), Post Graduate Diploma in Business Marketing, Diploma in Information Technology. Have 20+ years experience in InfoComm Technology and 10+ years in Product & Program Management. Fritz Lim: Fritz is ACTA-certified, as well as a registered MOE instructor, and a graduate of the 2018 ConsenSys Blockchain Developer Program, with a Bachelor in Electrical and Electronic Engineering (Computer Specialisation) from Nanyang Technological University. With more than 10 years of experience teaching at a local polytechnic, Fritz is passionate about imparting knowledge to teens, adults, and children. He believes that an education in technology and in how things work is essential for everyone, so that they can harness and invent the technologies of the future. He is excited about exploring anything related to computers and IT, with a keen interest in electronics and native cross-platform mobile app development so that our ubiquitous mobile phones can be conveniently used to control and interact with devices wirelessly and over the Internet.
Course Details
Course Details
What You'll Learn
Topic 1: Introduction to Decision Analysis (DA).
- Overview of Decision Analysis
- Problem formulation
- Influence Diagram
- Payoff Table
- Making decision without probabilities
Topic 2: Decision Analysis with Expected Value Approach
- Decision Tree
- Expected value approach
- Bayer’s Theorem
- Value and efficiency of Sample Information
- Optimal decision strategy
Topic 3: Risk Analysis with Expected Utility Approach.
- Risk Profile
- Sensitivity Analysis
- Utility and Decision analysis
- Incorporating risk appetite into Utility Function
- Expected Utility Approach
Topic 4: Multi-criteria Decision Analysis
- Model multicriteria problems
- Scoring board method
- Analytic Hierarch Process (AHP)
- Consistency Check
- Using Excel to solve AHP
Course Info
Promotion Code
Your will get 10% discount voucher for 2nd course onwards if you write us a Google review.
Minimum Entry Requirement
Knowledge and Skills
- Able to operate using computer functions
- Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)
Attitude
- Positive Learning Attitude
- Enthusiastic Learner
Experience
- Minimum of 1 year of working experience.
Target Age Group: 18-65 years old
Minimum Software/Hardware Requirement
Software:
TBD
Hardware: Window or Mac Laptops
Job Roles
Job Roles
Quality Engineers, Process Engineers, Manufacturing Engineers
This course is designed for all technicians, assistant engineers and engineers in a production, engineering and quality environment in the biomedical, semiconductor, automotive and aerospace industry who need to be equipped with a thorough understanding of statistics.
This course is also suitable for any personnel who wanted to gain deep understanding in the basic statistics and a precursor for statistical process control, measurement system analysis and other statistical applications.
The course is also useful for engineering and quality personnel who wanted to refresh statistical concept and statistical applications to do quality improvement in the production process and process capability improvement.
Trainers
Trainers
Ray Teoh Tham Kim: Ray Teoh Tham Kim is a ACTA certified trainer. He based in China Shanghai 2011 to 2015 setup offices in Shanghai, Hong Kong and Taiwan, JV with Malaysia Listed digital company Innity. In 2015 joined iClick Interactive, China programmatic company, listed in NASDAQ in 2017. Have setup eDragon Group in 2019 focusing in SME digital transformation. Janice Ong: Janice Ong is a ACTA certified trainer. Janice is a dynamic and results focused leader with global experience. She has over 20 years of business development, sales, marketing, strategy, digital marketing, eCommerce, training experience. She is Assertive Protagonist. Extraverted, Intuitive, Charismatic Leader. She early pioneer in e-Commerce, Website Development, Digital Marketing, CMS Content Management System with over 20 years of experience since her 1st job after graduation. She has great leadership, management and communication skills. She has an agile mind, able to handle complex problems, find solution and deliver outstanding results. Armand Abdul Rahim: Armand Abdul Rahim is a ACTA certified trainer. Armand Rahim has more than 20 years ICT experience that spans across Asia Pacific region. His primary domain of expertise and experience is on Leadership & Management, Digital & Product Marketing and Project Management.Armand graduated with MSc in Marketing Management. He is currently serving as Adjunct Lecturer with DeepNovaSG and London School of Business Finance. He have gotten Masters in Marketing Management, Diploma in Adult & Continuing Education (DACE), Advanced Certification in Training & Development (ACTA), Post Graduate Diploma in Business Marketing, Diploma in Information Technology. Have 20+ years experience in InfoComm Technology and 10+ years in Product & Program Management. Fritz Lim: Fritz is ACTA-certified, as well as a registered MOE instructor, and a graduate of the 2018 ConsenSys Blockchain Developer Program, with a Bachelor in Electrical and Electronic Engineering (Computer Specialisation) from Nanyang Technological University. With more than 10 years of experience teaching at a local polytechnic, Fritz is passionate about imparting knowledge to teens, adults, and children. He believes that an education in technology and in how things work is essential for everyone, so that they can harness and invent the technologies of the future. He is excited about exploring anything related to computers and IT, with a keen interest in electronics and native cross-platform mobile app development so that our ubiquitous mobile phones can be conveniently used to control and interact with devices wirelessly and over the Internet.
Review
Customer Reviews (4)
- Alvin's optimization course was super helpful! Review by Course Participant/Trainee
-
Alvin's optimization course was super helpful! He's such a knowledgeable teacher, and he shared loads of practical tips that really relate to my job! All the best to him and thank you so much! (Posted on 10/30/2023)1. Do you find the course meet your expectation? 2. Do you find the trainer knowledgeable in this subject? 3. How do you find the training environment - Dr. Alvin is a dedicated teacher who works really hard to make sure his lessons are easy to understand. Review by Course Participant/Trainee
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Dr. Alvin is a dedicated teacher who works really hard1. Do you find the course meet your expectation? 2. Do you find the trainer knowledgeable in this subject? 3. How do you find the training environment
to make sure his lessons are easy to understand.
Even though I come from a different background,
he's good at seeing things from my point of view and giving me practical
advice on how to use Decision Analytics in my job.
Dr. Alvin is a friendly teacher who always makes the class a fun and relaxed place.
His ability to create a stress-free and positive learning environment helps me
focus better and makes my learning experience more meaningful. (Posted on 9/19/2023) - will recommend Review by Course Participant/Trainee
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More examples on management decisions (Posted on 6/30/2023)1. Do you find the course meet your expectation? 2. Do you find the trainer knowledgeable in this subject? 3. How do you find the training environment - Excellent course Review by Course Participant/Trainee
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Mr Liew is very knowledgeable about statistics and decision science and can answer my questions well. Great trainer and great course (Posted on 6/4/2021)1. Do you find the course meet your expectation? 2. Do you find the trainer knowledgeable in this subject? 3. How do you find the training environment
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