FIT5094 - IT for management decision making

Leader: David Arnott

Offered

Caulfield First semester 2008 (Evening)
Clayton Second semester 2008 (Day)

Synopsis

This unit provides students with an understanding of the development and use of information systems that support managers, especially their decision-making tasks. Students will learn of the nature of management work and decision theory and how this affects the development of decision support systems. A number of commonly used decision support methods and techniques will be explored. Students will be introduced to personal decision support systems, group support systems, negotiation support systems, data warehousing, executive information systems and business intelligence.

Objectives

At the completion or this unit students will:

1. Understand the scope and application of IT for decision support;
2. Have an understanding of the nature of managerial decision-making;
3. Be familiar with the major approaches of IT-based decision support;
4. Be able to choose the appropriate decision support approach for a particular project;
5. Be able to undertake systems analysis for management support projects.

Assessment

Examination (3 hours): 50%
Two assignments: 25% each

Contact hours

3 x contact hrs/week

Prerequisites

FIT9003

Prohibitions

SYS4210, BUS5502, IMS5005