Tuesday, March 21, 2017

[INCOSE San Francisco] Tonight's Webinar at 6 PM on Decision Analysis

Hello All!

Brian Putt is offering a FREE webinar this evening on the SIPmath Tool Bar at 6 PM.  This will be a great follow up to his presentation at our chapter meeting last week, so check it out!  I've copied the connection info below, and you can read on for more information on the webinar.
  • Register Here
  • Select the March 21 option under the 3.0 SIPmath Modeler Tools event listed in the "Dates and Times" box
  • Promotional Code for Free Webinar:  CON387 
Thank You,
Robin Reil

Tuesday, March 7, 2017

INCOSE San Francisco Bay Area Chapter March 13 Meeting

INCOSE SFBAC March 2017 Meeting

Decision Analysis and Systems Engineering
Presented by Brian Putt - Decision Analysis Consultant
  • Date:  Monday, March 13, 2017   5:30 - 7:30 PM
  • Location:  Applied Strategies in San Mateo
5:30 - 6:00 PM  Social time
6:00 - 7:00 PM  Presentation and Q&A with Brian Putt

Applied Strategies
951 Mariners Island Boulevard, Suite 400
San Mateo, CA 94404

Join as GUEST
Meeting Details Web Address:  https://incose.pgimeet.com/GlobalmeetSeven
Access Number:  1-719-234-7872
Guest Passcode:  529 771 4673

Decision Analysis (DA) embraces System Engineering and has many similarities.  We will discuss what is decision analysis and look at the similarities and the differences with system engineering.  Chevron’s $54 Billion Gorgon LNG project will be used as an example.   We will discuss the elements of Decision Quality, to include framing the opportunity and decision criteria.   Using only Excel, we will demonstrate decision analysis using a modeling method called SIPmath that enables making decision considering uncertainty using continuous variables.  Projects are frequently over cost (budget) and/or behind schedule.   We will look at how decision analysis can assist in better assessing cost and schedule using probabilistic analysis.  We will look at a live model and discuss how to represent mitigations of the cost and schedule.   We can also discuss the “Pugh Concept Selection” process and how it might be enhanced with Decision Analysis.


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Read INCOSE SFBAC's current and past newsletters at http://incosesanfranciscobayarea.blogspot.com/
INCOSE is a not-for-profit membership organization founded to develop and disseminate the interdisciplinary principles and practices that enable the realization of successful systems. The SFBAC presents thought-provoking monthly programs for its members and their guests.
Learn more about SFBAC at:     SFBAC Welcome
Learn more about INCOSE at:   http://www.incose.org/

Thank you,
Robin Reil