1000minds Decision-Making

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Overview

Making the wrong decisions can have devastating consequences, ranging from financial losses to environmental damage, or even damage personal and professional relationships.

To ensure success in your career and goals, this 1000minds decision-making course will teach you a more robust and scientifically reliable way of making decisions.

Say goodbye to the mistakes and regrets that come from making biased decisions based solely on personal intuition.

In this course, you will learn how to:

  • Use established & proven methods to make effective decisions
  • Create and organize projects, decisions, and surveys and invite your team members to collaborate
  • Navigate and configure the 1000minds software
  • Understand what multi-criteria decision-making is and how it works
  • Identify relevant criteria and other considerations to help you figure out what matters
  • Thoroughly analyze your preferences 
  • Compare specific alternatives to each other more in depth so you can see their respective advantages, and what could be improved
  • Find which of your choices would give you the best value for your money
  • Learn how to make the best decision, keeping in mind a variety of considerations

This course is targeted towards beginners, so you don’t need to have any prior knowledge of the 1000minds software. This course is suitable for anyone who would like to make more scientifically-reliable decisions, whether for personal, academic, or professional use.

By the end of this course, you’ll be ready to tackle the next big decision with a proven plan so you can get what you want and achieve your goals with minimal risk.

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Summary

Skill level

Beginner

Certificate

Yes

Lessons

15

Pre-requisites

None

Video duration

1h 16m

Estimated study time

4h for all materials



Syllabus

Introduction to Multi-Criteria Decision-Making and 1000minds

Define Multi-Criteria Decision-Making terminology and get an overview of the decision-making process using the 1000minds software.

Projects, Decisions, and Surveys

Learn how to create a new project, decision, or survey; organize existing items; share your projects for group collaboration; and view examples. We will also review the difference between a decision and a survey.

Configuration

Specify your criterion weighting method and preferred terminology for this decision.

Criteria

Define what it is that matters to you when deciding between different alternatives.

Costs and Other Considerations

Understand the difference between costs & other considerations and your criteria, and learn how to enter these other considerations.

Impossible Combinations

Enter any combinations of criteria and their levels that are unrealistic, so that these may be omitted from the trade-offs, thereby minimizing confusion in the decision-making process.

Alternatives

Add and edit the options you are prioritizing or choosing between.

Importing Alternatives

Import a list of alternatives from a Microsoft Excel workbook into 1000minds.

Trade-offs

Tell 1000minds what your preferences are by answering a series of questions involving trade-offs.

Results Summary

Understand the general overview of your results, including your preference values, ranked alternatives, trade-off statistics, and a sneak-peek of the value-for-money chart.

Preference Values

Learn how to analyze your preference values to better understand how important each of your criteria is to you, relative to each other.

Ranked Alternatives

View your alternative rankings, compare alternatives to each other in more detail, and understand why your alternatives scored the way they did.

Value-for-Money Chart

Learn how to use the value-for-money chart to factor in costs and other considerations into your final decision – the highest ranked alternative is not necessarily the best option!

Alternative Selection

Learn how to select the best alternative, and apply a budget to your decision.

Scaling Scores

Kick your decision-making up a notch by scaling your scores to set the minimum score to something other than zero. This may help you view the scores more realistically and change your view on what the best alternatives really are.

Download syllabus