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Final Project: An Application of Decision-Making Theory to a Real-World Situation - A Ca...

Final Project: An Application of Decision-Making Theory to a Real-World Situation - A Ca...

Q Instructions Step 1. Identify a personal and/or professional decision you made in the past year that involved a group or team. Step 2. Using your chosen experience, create a 16-slide (minimum) PowerPoint presentation that includes written responses and completed charts and tables from your previous module assessments (both graded and non-graded). Your presentation will tell the case story of your experience (FAS, 5W’s + H), include a group component, identify the real problem, offer theory and experience-driven alternatives, and recommend a “best case” solution. The following outlines what you must include in the presentation.

Q Case Title and Author (1 slide) Table of Contents (1 slide) Module 1 (3 slides) ? Descriptive model of decision-making that may apply to this case ? Facts, Assumptions and Sentiments (FAS) ? Who, Why, When, Where, What and How (5W + H) Module 2: The Seven Steps in the Decision-Making Process evident in the case (1-2 slides)

Q Module 3: Human Factors Impacting the Case (2-3 slides) ? Perception (Barriers) ? Organizational and Cultural Factors ? Types of Reasoning Employed o Inductive and/or deductive Module 4 (1-2 slides) ? Type of Risk per Situation ? Control Mechanism (if any) ? Effectiveness ? Proposed Risk Strategy

Q Module 5 (1-2 slides) ? Possible group dysfunctions per situation ? Intervention strategy(ies) per dysfunction Module 6 (1-2 slides) ? List of decision-makers o Impact of motivation o Impact of leadership

Q Summary & Analysis (4-5 slides) ? Write a problem definition. Use the decision-making literature, where possible, to support the problem definition. ? Create a list of possible solutions for the problem (as supported by analysis). ? Select the best solution from your list and explain why this is the ideal choice. References (1 slide) ? Cite a minimum of three references. You are encouraged to use resources from the modules in this course. Note: Each major item should serve as a summary slide with subtopics serving as individual slides as needed.

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In making a decision, there are several modelsincluding political man, bureaucratic man, economic man, and administrative man. The project manager needs to wear the hat of an economic man in this situation to decide what is best for the team and the organization on the whole if a specific option of hiring is chosen.