CMI Unit 521 Using Data and Information for Decision Making

The ability to analyse and manage data and information can lead to increased competitiveness, innovation, productivity and customer satisfaction. However, with data and information volumes increasing at unprecedented levels, the ability to interpret, use, and harness ‘big data’ can become an organisational challenge.

About this course

The aim of this unit is to equip learners with an understanding of the purpose and practices of interpreting, managing and presenting business data and information to inform decision making.

Learning outcomes

Understand the use of data and information in decision making
Be able to interpret data and information to support decision making
Know how to present data and information used for decision making

Course content

1.1 Analyse the use of data and information in decision making

1.2 Examine types of data and information used in decision making

1.3 Analyse the impact of organisational and legal frameworks on the use of data and information in decision making

1.4 Discuss the impact of stakeholder needs on the collection, analysis and interpretation of data and information for decision making

2.1 Discuss criteria used for selection of data and information

2.2 Evaluate the use of tools and techniques for analysing and interpreting data and information to support decision making

3.1 Evaluate methods of presenting data and information used for decision making

Key Features

Learn at your own pace, choose when to start and finish the course

Apply the learning directly to your current or future work setting

CMI qualifications show commitment to continual learning to clients, colleagues and industry

Achieve foundation Chartered or work towards full Chartered Manager status

CMI Unit 521 Using Data and Information for Decision Making

Course Summary

Guided Learning

26 Hours

Course / Unit Credit Value

Unit 521: 50 TUT

Qualification 1

CMI Level 5 Management and Leadership

Qualification 1 Credit Value

Award: 40 TUT; Certificate: 130 TUT; Diploma: 370 TUT

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Your basic information

"“Thank you for making this more than a teaching and learning exercise, your insight was incredibly interesting and valuable. I’m really looking forward to the next couple of sessions.”"

Kieran Neilson-Watts - AEUK