Remove term: Hiring full-time part-time or per diem employees in healthcare Hiring full-time part-time or per diem employees in healthcare
DECISION MAKING PROJECT ASSIGNTMENT
ASSIGNMENT (This assignment is a decision making project, not a research paper.)
This project applies the methods of this course to analyze a business decision problem. Examples of appropriate business decision areas include process improvement or re-engineering, facility siting, new ventures, new products/services, acquisitions, divestments, capital expenditures, lease-buy, make-buy, technology choice, and research/development planning.
Previous Project Examples:
• Whether to buy new copiers, lease copiers, or outsource copiers
• Whether to hire full-time employees, part-time employees, or per diem employees
• Spending marketing dollars to increase sales on a product, delete products, or leave as-is
• Selection of a contractor or supplier
• Type of health-care program to institutionalize
• Selecting a new business location
SPECIFIC REQUIREMENTS
The project must use the decision analysis methods that we are covering in class. At minimum, the decision problem must have (1) at least three alternatives, (2) at least three evaluation measures, and (3) significant uncertainty about some important element of the decision. You must consult at least two outside expert data sources for information. These sources must include written material. While these requirements are minimums, the real requirement is that the decision problem be defensively analyzed. That is likely to require more extensive analysis than the minimums.
There are three deliverables: 1) a written proposal, 2) an interim report, and 3) final presentation and executive summary. The deliverables are cumulative, and much of what you prepare for each assignment can be used in later assignments.
Proposal: Less than two double-spaced typewritten pages, excluding tables or figures, and includes: (1) Background – a summary of the problem background to be analyzed, (2) Problem Statement – a problem statement (3) Evaluation Considerations & Evaluation Measures – a preliminary list of considerations and evaluation measures, the criteria used for the objective (4) Alternatives – a preliminary list of alternatives to be considered, and (5) Resources – a proposed list of resources to be utilized / consulted to assist in making your decision. Please label each section of your proposal.
Interim Report: The interim report contains all the information needed to complete the analysis of the decision problem except that it does not have to include the final numerical calculations and conclusions. This report provides the student with a chance to update their project. Please label each section of your report.
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