4.2: Mastering Decision Making

Identify Risks

possible delays, shortages, hazards

Assess Risks

likelihood + impact (How likely and how serious?)

Plan Mitigation

have backups (contingency funds)

Implement

take preventive actions (during project)

Monitor and Review

check if plan works (Adjust as needed throughout project)

Rational

logical and fact-based comparison of options

Multi-Criteria Decision Analysis

balances mutiple factors like cost, time, quality

Cost-Benefit Analysis

compares total cost vs. expected benefits

Agile Decision Framework

allows flexibility for quick changes and adjustments

Strategic Resource Allocation

To manage labor, materials, budget, and time effectively.

Collaborative Decision-Making

• Like building a bridge — connects people and ideas.

• Collaboration brings diverse expertise together.

• Clear communication = aligned goals and better teamwork.

Drones

Site inspection and progress updates

IoT Sensors

Monitor conditions (equipment and environment)

Cloud Platforms

Centralized data for everyone

Mobile Apps

Real-time communication on-site

AI & Machine Learning

Predict problems, automate tasks

Sustainable Building

Focus on eco-friendly materials and energy efficiency

Modular Construction

Prefab parts to speed up projects

Digital Twins

Virtual simulations of real projects

Automation and Robotics

Improves safety and precision