education & consulting in

Project and Resource Management

Management Science

Objectives: Develop the skill and perspective necessary to artfully use quantitative techniques for the resolution of practical business problems. To know when and how to do managerially relevant analysis under conditions of uncertainty, many decision variables, unstructured contexts, and active competition, in a way that integrates personal judgment, available data, and formal analytical techniques. Emphasis is not on the mastery of sophisticated mathematical techniques, but rather on exploring the most widely applicable methodologies.

 

Content: The course consist of four modules: (i) model building and risk simulation, (ii) multi-criteria decision making, (iii) model building and optimization, and (iv) games and competition.

 

Methodology: The course is case based. Cases describe general managerial situations from multiple industries such as airlines, oil companies, movie industry, banking, sports, software, and services. The case method is complemented with individual exercises and group presentations. The course also emphasizes the mastery of spreadsheet modeling because it enhances the ability to build more realistic models in a simpler way. Laptops in class are welcomed.

Operations Management

COURSE OBJECTIVES: Many firms have demonstrated that operations management can be an effective competitive weapon and, in conjunction with well-conceived marketing and financial plans, these firms have made major penetrations into markets worldwide. This course is designed to address the key operations and logistical issues in service and manufacturing organizations that have strategic as well as tactical implications. The specific objectives include:

 

1. To understand the role of operations management in the overall business strategy of the firm.

2. To understand the interdependence of the operating system with other key functional areas of the firm.

3. To identify and evaluate the key factors and the interdependence of these factors in the design of effective operating systems.

4. To identify and evaluate a range of tools appropriate for analysis of operating systems of the firm.

5. To identify and evaluate comparative approaches to operations management in a global context.

6. To understand the application of operations management policies and techniques to the service sector as well as manufacturing firms.

 

The sessions are designed to promote student participation through the discussion of current events in the business world as they relate to operations management and in-class analysis.