Postgraduate - UnitFIT5094 - IT for management decision making

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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.

Outcomes

At the completion of this unit students will:

• understand the scope and application of IT for decision support;
• have an understanding of the nature of managerial decision-making;
• be familiar with the major approaches of IT-based decision support;
• be able to choose the appropriate decision support approach for a particular project;
• be able to undertake systems analysis for management support projects.

Assessment

Examination (3 hours): 50%; In-semester assessment: 50%

Chief examiner(s)

Dr Rob Meredith

Contact hours

2 hrs lectures/wk, 2 hrs laboratories/wk

Prerequisites

One of FIT9003, IMS9001, IMS9003

Prohibitions

IMS5005

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

http://www.infotech.monash.edu.au/units/fit5094/