In this video, I answer the question, ‘What is the Analytical Hierarchy Process?’ and look at how we carry it out, with a worked example.

STOP! There are many reasons why a Project Manager, Sponsor, or Project Board may decide to terminate a project before completion. Not all are bad. But, of course, some are. Let’s look at when to terminate your project.

In this video, I answer the question, what is Expected Monetary Value, EMV? And we look at its use in risk management and decision theory.

You know your project is going well when a stakeholder comes up to you and says: ‘We’re very pleased with how your project is going… The only thing is… we’ve changed our minds.’ This is a job for Project Change Control.

When two people cannot resolve a disagreement for themselves, they need a third person to get involved. And in the escalation from a friendly nudge up to the judicial system, mediation is the first formal step.

How does reinforcement learning help AI systems learn from rewards and mistakes? Watch this episode of "AI" to explore how this technique shapes intelligent behavior.

In 2012, the American Academy of Pediatrics published a policy statement in which they said that the benefits of male circumcision outweighed the risks of the procedure. They cited health benefits which, while not great enough to warrant...

A video consisting of useful and thought-provoking quotes from leading Psychologists on the topic of Decision Making.

Knowing the buying culture with the business you are dealing with is incredibly helpful as it will give you insights in the best ways to sell to that buiness. Whether it is a consultative or democratic buying culture there...

Risk-taking is often necessary when it comes to business matters, but Germans tend to be more cautious about taking risks in the business world. Strategic planning is a must. Learn the importance and value of performing thorough research...

The German view of the world has been shaped by the country’s complex, at times turbulent, history and by its position at the geographical heart of Europe. The very idea of a German nation was not even a real possibility until the...

Overall, the French tend to be risk-averse and inflexible. The many layers of middle management tend to make French companies cautious and resistant to change. Explore how businesses have traditionally been cautious in decision-making;...

By Western standards, the way the Japanese make decisions may seem slow and tedious. The Japanese tend to be cautious and thorough, with a tendency toward kiken kaihi, or risk avoidance, and prefer to conduct business by using a group of...

The importance of consultation to the process of decision-making cannot be overestimated in the business world of South Africa. Not only is it part and parcel of a cautious approach to business, but it’s often required by law. Any...

The complexity and diversity that characterize South Africa’s cultural and ethnic landscape translate into a wide range of customs and values. You’ll see them exposed in virtually all aspects of daily life and interpersonal...

This video provides a more elaborate and detailed solution to the practice exercise of the rule of addition concept.

This is a practice exercise to understand better the rule of addition concept with a practical exercise.

Explore interesting facts about the IT sector, highlighting the industry's growth, diversity, and impact on the global economy.

Buying centers are where firms decide on a business level purchasing decision and there are a number of actors in the process. From the person who notices an issue (the initiator) to the person who will use the end...

Ever bought something and a the next day you regret that purchase? Well what you have is postpurchase cognitive dissonance. Basically buyers remorse. The feeling that you should maybe not have bought that expensive...

A video entitled "Cabinet Responsibilities" that discusses the role of the U.S. Cabinet.

This video explores the concept of choice paralysis, where the abundance of options leads to difficulty in decision-making. It suggests overcoming this by lowering expectations and limiting choices to reduce stress and save time. By...

This video explores the various psychological factors and biases that influence our decision-making process, shedding light on common pitfalls such as status quo bias, anchoring effect, choice overload, and decision fatigue. By...

The video explores how our fear of the unknown often leads us to make decisions based on short-term comfort rather than weighing long-term risks and rewards. It delves into the impact of fear on our choices, from everyday decisions like...