Decision Support News
D. J. Power, Editor
September 15, 2019 Vol. 20, No. 19
Inaugural newsletter issue May 10, 2000, this is issue #504
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1) What is value-driven delivery of projects and work?
2) Recent Decision Support News Headlines
3) Upcoming Decision Support Conferences/Call for Papers
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1) What is value-driven delivery of projects and work?
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by Daniel J. Power
Editor, DSSResources.com
Project managers, team leads, and other managers are encouraged to make project decisions that result in value. "Value" may refer to monetary gain, to new capabilities, or to any valuable outcomes. Customers and stakeholders ultimately assess value. Many people place great importance and value on what they can see and touch. For example, decision support software is largely evaluated based upon the user interface that people can see and manipulate. Software is a tangible aspect of project work, as opposed to the intangible benefits of some work projects like greater productivity. Value is a measure of both tangible and intangible benefits created through the delivery of goods or services. Value is usually more than financial benefits and value is often estimated, projected or forecasted prior to starting a project.
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2) Recent Decision Support Headlines
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09/10/2019 Pathologie-DNA in the Netherlands selects Elsevier's diagnostic decision support solution ExpertPath. Check release.
09/09/2019 Study: As data volume increases, so does data pollution. Check release.
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3) Upcoming Decision Support Conferences
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1. 2019 Decision Sciences Institute Annual Conference New Orleans, LA, November 23 - 25, 2019. Check release.
2. Call for Papers: IFIP WG8.3 Decision Support 2020 in Wroclaw, Poland. Check release.
3. KDD 2020 will convene in San Diego, California Aug. 22-27, 2020. Check release.
4. Call for articles Journal of Business Analytics, an official journal of the Operational Research Society. The journal serves the emerging and rapidly growing community of business analytics both in academia and industry. Check https://www.tandfonline.com/toc/tjba20/current.
Order Daniel Power and Ciara Heavin's book: Decision Support, Analytics, and Business Intelligence, Third Edition, Click here
Become a Business Expert Press author
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New book: Power, D. and C. Heavin, Data-Based Decision Making And Digital Transformation, Business Expert Press, 2018 at URL Click here. EBook Price $19.95, Print Price $34.95, In Stock June 10, 2018.
Power & Heavin (2018) argue "Digital disruption is accelerating. Implementing a successful digital transformation strategy requires that senior managers make trade-off decisions to reinvent a business. Equally important all decision makers must learn to ask the right questions, use data and computer support in decision making, and increase their knowledge and skills. Creating a data-centric culture and rewarding data-based decision making leads to successful digital transformation."
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