FIT2011 - Decision support systems fundamentals

Leader(s): Professor David Arnott

Offered

Clayton Second semester 2009 (Day)

Synopsis

FIT2011 is the foundation unit for the Decision Making/Decision Support sequence of units. The unit will introduce the history of decision support systems (DSS), the types of decision support systems, the ideas of normative and descriptive models for decision making and management. Descriptive models of decision making will be based on behavioral decison theory and cognitive biases. Evolutionary systems development methods for DSS will be discussed in detail. Current practice in personal DSS, data warehousing, and business intelligence will be the underlying focus of the unit.

Objectives

At the completion of FIT2011 students will:

1. Understand the major approaches to using IT to support management decision making;
2. Understand the nature of managerial work to a level required for DSS systems analysis;
3. Understand how managers make decisions and what processes can be followed to improve managerial decision making;
4. Have a working knowledge of a systems development methodology for personal DSS;
5. Have a general understanding of data warehousing and business intelligence;
6. Understand the principles of DSS strategy and governance.

Assessment

Examination (3 hours): 50%; Assignments: 50%.

Contact hours

4 hrs/week

Prerequisites

Completion of 12 points at 1st year level from FIT or BusEco.

Additional information on this unit is available from the faculty at:

http://www.infotech.monash.edu.au/units/fit2011