PMI Houston Energy Corridor Lunch and Learn Event organized by BP: "Decision Quality for Project Managers "

Decision Quality for Project Managers

Bill Klimack, PhD, PE, CSEP, CAP, is bp’s Decision Quality Manager. A retired U.S. Army Colonel, he was the Director of the Operations Research and Systems Engineering Programs, the Operations Research Center of Excellence, and served as Head of the Department of Systems Engineering at the U.S. Military Academy at West Point. Following his Army career, he worked as a consultant supporting the federal government, oil and gas, and the pharmaceutical sectors. At Chevron he was the Decision Analysis Job Family Manager. More recently he directed the University of Oklahoma’s MS in Industrial and Systems Engineering Program. He has a BS in chemical engineering from Lehigh University, a MS in applied mathematics from Johns Hopkins University, a MMAS from the US Army Command and Staff College, and PhD in operations research from the US Air Force Institute of Technology. He is a Certified System Engineering Professional, a licensed Professional Engineer, and a Certified Analytics Professional. and a Fellow of the Society of Decision Professionals, the National Speleological Society, and the Explorers Club.

Topic Synopsis:

Making decisions is obviously a key aspect of project management. Decision quality (DQ) allows decision makers to have confidence in their choices – or recognize where they should have concerns! The scientific field of decision analysis provides techniques to reduce the challenges of ambiguity and to understand the effects of uncertainty. This talk will define decision quality and provide an overview of the decision analysis process, including discussing the value of framing – and why people resist doing it, and how to incorporate uncertainty in analysis. We briefly touch on the topics of project and organizational management decision making, structuring of decision situations, the use of subjective data, and multiple objective decision analysis.

Learning Objectives:

• Understand the components of decision quality.
• Be aware of the decision analysis process.
• Be aware of the value and the components of decision framing.

PDU Triangle: 

Earn 1 Power Skills PDU

Location: 

BP Westlake Houston Campus - Helios Building
201 Helios Way,
First Floor - Helios Town Hall Room 1.250
Houston, TX 77079

• Visitors please access the Visitor Parking entrance from Grisby Street. Please walk into the main BP Helios Lobby.
• Please have your Driver's License and Car License number ready for sign-in at the BP Helios Security desk. (visitors will not be permitted entry without a valid photo ID)