Select a real world problem situation for your term project.

You may choose one from the list on moodle or propose another to your seminar leader.

Define the problem precisely, characterise the decision(s) to be made.

List the main stakeholders, discuss their preferences, objectives, goals to be pursued.

Discuss the difficulties of problem definition and decision-making in practice.

Find, generate reasonable alternatives, list the critical parameters

Discuss the difficulties of analysis in practice. Highlight the information necessary, consider some potential sources to collect from.

Highlight potential solutions, characterise their advantages, drawbacks.

Consider the parameters, details that will influence the quality of the decisions to be made.

Discuss the different steps of the problem solving and decision making process, highlight potential weaknesses, suggest improvements.