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Thursday, February 28, 2019

Analytical Support for Decision Making Self Reflection Essay

The analytical support for decision making course is very indeed touching all(prenominal) aspect from my mundane job as a lead optimization engineer circularizeing with a grand drilling real time streaming data. In the past I have worked to prepare quarter review & annual report for our center. Honestly, it was consuming a lot of time to construct a valuable demonstration that will impress the upper management. As of time being ASDM is a material aid to be creative in utilizing, analyzing, projecting & illustrating for our daily data. Here I will highlight major subjects that I got so many another(prenominal) benefits fromData GatheringASDM is a real guide to carry through data outline. It learns the first steps in how to gather data & how to deal with it. The good part in the assignment is the data was real and interpreted from World Bank website and the challenge is to identify the best data & meet out ways to get the missing data by denary approaches. The lesson learn ed here is any data has to go through neaten process to be worth for analysis & to reach trustful results.SurveysAs we are seeing many surveys floating around in every single website or newspapers in the media, the real question is how trustful the results are. right away with ASDM approaches, it is easier to now that, to dig deep in the survey process. How the survey was done, whom were the sample, place and the time it was conducted. In addition to the right guide in how to do different types surveys & analyze the results for best decisions.RegressionAs regression deals with trends to have out the relationship level & criteria & help a lot in projection. In my daily work Im dealing with many drilling trends, like the drilling rig hook load (HKL), heighten torque while performing the drilling operation. My job is to identify the strong relationship between many drilling parameters & do a projection. give care for HKL & torque utilizing regression to find out the regression mo del in a specific formation will help us in identifying the normal / upnoraml trends prior drilling operation for better optimization & savings. In addition the regression will help a lot in the projection ahead to the final drilling target depth.MCDAMulti criteria decision analysis is the decision maker best tool to identify & take in consideration all the factors with relative to their weights & influence in the subject matter. substantial life is chain of continuous MCDA has to be taken but differs in size & complication. Although, VISA software product is a simple & light, it is superior software to include every single step & illustrate it with a squeamish & simple way. Personally we are running many projects that take in consideration several factors & MCDA is the best guide came at the right time.

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