Day 2 Agenda & Speakers

April 17, 2024

The information presented in this publication, including but not limited to the 2024 SDP Annual Conference agenda, is subject to change without prior notice. While every effort has been made to ensure the accuracy and timeliness of the details provided, unforeseen circumstances, scheduling adjustments, or other factors beyond our control may impact the final agenda.

Attendees are advised to regularly check the official conference website, communication channels, and announcements for the most up-to-date information. SDP reserves the right to modify, add, or remove sessions, speakers, or any other aspects of the conference program as deemed necessary.

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April 17, 2024 8am - April 17, 2024 8:30am

Session 1

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AI / Analytics

April 17, 2024 8:30am - April 17, 2024 9:15am

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Co-Presenting: Luis Mendoza (Decision Frameworks), Ellen Coopersmith & Ashley Corso (Decision Frameworks)

Abstract:

What is the true cost of a plant turnaround? How can we better inform our decision when selecting a plant turnaround strategy?

Plant turnarounds are scheduled plant shutdowns in which preventive maintenance and equipment upgrades are conducted in order to ensure safe and compliant operation, improve competitiveness, etc. Teams are often tasked to think strategically about which improvements, beyond the...

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April 17, 2024 9:15am - April 17, 2024 10am

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Speaker: Tony Kenck (Practical Portfolio Management)

Abstract:

Implementing portfolio management in an organization, whether as a one-off study or an ongoing practice, is challenging. One daunting aspect involves selecting the best choice of portfolio analysis method.

Multiple definitions of portfolio analysis exist—whether standalone analysis, ranking by a single variable, multi-axis graphs and bubble charts, simulation, or optimization all the way to stochastic optimization. I will describe and explain a framework tied to decision quality to help drive productive discussions and expectations.

Twenty-plus years ago, many portfolio practitioners believed that only three factors were needed to enable portfolio...

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Org Transformation

April 17, 2024 8:30am - April 17, 2024 9am

Moderator: Leslie Lippard (Alnylam Pharmaceuticals)

Panelists: Terry Karner (Astellas Pharma), Charles Persinger (Eli Lilly) & Jennifer Harrington

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April 17, 2024 9am - April 17, 2024 9:30am

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Speakers: Lan Ding (GSK) and Co-presenting Eric Johnson (GSK)

Abstract:

Regulatory approval plays a pivotal role in drug development, yet reliance on aggregate industry approval rates can mask compound-specific risks. To guide more informed decision-making, GSK pioneered a robust framework that systematically captures regulatory risks and opportunities on a customized, per program basis.

Spearheaded by Lan, a cross-functional team spanning statistics, decision science and global regulatory leaders overcame organizational barriers to design the new evaluation framework. Implementation required persuading stakeholders to adopt...

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April 17, 2024 9:30am - April 17, 2024 10am

Speaker: Magnus Ytterstad (Captario)

Abstract:

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Innovation

April 17, 2024 8:40am - April 17, 2024 8:55am

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Authors: Ellen Pero, Riley Andrade, Randy Wilson, Laura Brandt, Todd Jones-Farrand, Conor McGowan

Speaker: Laura Brandt (U.S. Fish & Wildlife Service)

Abstract:

Efficient use of assets in natural resource conservation is important given increasing demand (i.e., conservation need) and limited funding. Allocating organizational resources across large federal conservation agencies can be challenging due to large geographic scopes of responsibility, multiple and potentially competing agency objectives, mandated legal constraints, as well as uncertainty in outcomes relative to variable resource inputs and personnel performance. We adopted a values-based, structured decision-making approach and PrOACT framework with the Science Application and...

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April 17, 2024 8:55am - April 17, 2024 9:10am

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Authors: Ashley Goode, Erin Rivenbark, Jessica Gilbert, Conor McGowan

Speaker: Ashley Goode (University of Florida)

Abstract:

Species status assessments are used to inform U.S. Fish and Wildlife Service (USFWS) decision-making for Endangered Species Act (ESA) classification decisions, recovery planning, and more. The large number of species that require assessment and uncertainty in the data available impede the process of assigning and completing the assessments, which makes creating a multi-year work plan extremely difficult. An optimized triaging system that maximizes the use of the best available information, while managing the complex ESA workload and meeting deadlines, is necessary. We used a structured decision-making...

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April 17, 2024 9:10am - April 17, 2024 9:25am

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Authors: Melissa R. Price, Kristen C. Harmon, Abbey Camaclang, Tara Martin, Scott Fretz

Speaker: Kristen Harmon (University of Hawai'i at Mānoa)

Abstract:

With hundreds of species at risk and on the brink of extinction, conservation practitioners must decide where to focus effort and which conservation actions to implement given limited funds. Decision processes that aim to maximize conservation benefit for a given cost should address complementarity of actions to ensure that species in low-diversity habitats are not excluded, and both cost and effectiveness of different actions across taxonomic groups. To address this need we modified a Priority Threat Management approach to guide resource allocation decisions for the...

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April 17, 2024 9:25am - April 17, 2024 9:40am

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Author: Jonathan Cummings

Speaker: Jonathan Cummings (US Fish & Wildlife Services)

Abstract:

In the absence of information about risk and without any consideration of risk tolerance, when making a risk management decision, individuals could reasonably select any action from a set of possible actions. Their 'decision space' is not in any way limited in this circumstance. However, a risk assessment or a determination of risk tolerance should make some possible actions less reasonable than others, which constricts the decision space available to decision makers. To help decision makers understand the role of a risk assessment and risk tolerance in risk management decisions, I developed an interactive R Shiny application...

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April 17, 2024 9:40am - April 17, 2024 10am

Facilitated by: Laura Brandt (US Fish & Wildlife Services)

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Session 2

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Innovation

April 17, 2024 10:30am - April 17, 2024 11:15am

"Presentation not available"

Speaker: Dave Debacker (Open Options) & Christa Roemkens (Chevron)

Abstract:

This presentation will focus on the practical application of Game Theory to complex, multi-stakeholder, strategic decision-making. This session will be applicable to both technical and non-technical streams/attendees.

Using past project examples, Christa & Dave will share their thoughts on the experience and insights generated by using a preference-based game theory approach when dealing with highly complex, intractable problems. This involves using proven analytical methods and tools to consider the actions and reactions of key stakeholders - these could be competitors, regulators, customers, partners, suppliers, or any other party...

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April 17, 2024 11:15am - April 17, 2024 12pm

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Speaker: David Baltaxe (Unanimous AI)

Abstract:

Making smart decisions is critically important to every organization. So how can we use AI to improve the decision-making process? Some companies are using generative AI to replace people with data- and algorithmic-driven decisions, but this takes people out of the loop and often leads to suboptimal results. At the 2023 SDP conference, we showcased a new technology called Swarm AI, which integrates humans and AI and connects groups of people together and amplifies their combined intelligence. Based on the remarkable properties of biological swarms, Swarm AI empowers networked human teams to quickly tap into their combined knowledge, wisdom, and insight to generate more accurate forecasts, estimations, and predictions....

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AI / Analytics

April 17, 2024 10:30am - April 17, 2024 11am

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Speaker: Harrison Miller (Alnylam Pharmaceuticals)

Abstract:

Probabilities of success are a key assessment for decision analytic strategy and portfolio models in drug development. Various studies have analyzed historical data using different methodologies and different data sets, but many of these are significantly out of date or are based on limited data sets. This talk will review an attempt to reproduce a landmark paper with a comprehensive, up-to-date data set, and will highlight several key learnings about the nuances, methodologies, data sets, changes over time, and how/when this information can be best leveraged in the context of drug development decision making.

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April 17, 2024 11am - April 17, 2024 11:30am

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Speaker: Shaun Comfort (Genentech, Inc.)

Abstract:

Various industries generate forecasts to facilitate portfolio investments and decision-making. Typical examples in pharma include binary probability of success estimates for clinical trials and peak sales estimates. The vast majority of these forecasts are generated using subject matter experts and/or quantitative models using detailed information about the project(s) under consideration. From the Heuristics and Biases perspective, these forecasts are based on an “inside view” of projects resulting in predictions that are non-regressive and miscalibrated, relative to actual outcomes. In 1977, Daniel Kahneman and Amos Tversky published a paper outlining a simple corrective procedure for combining...

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April 17, 2024 11:30am - April 17, 2024 12pm

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Speaker: Alex Kaizer (University of Colorado Anschutz Medical Campus)

Abstract:

The potential strengths of platform trials have been elucidated for oncology, infectious diseases, and other settings. In this talk we first present the lessons learned from a sequential platform trial used in the West Africa Ebola virus disease outbreak and how these may translate to the context of oncology research. For example, one shortcoming of the original design was that supplemental information from controls in previous trial segments was not utilized. We address this limitation by proposing an adaptive design methodology that facilitates information sharing within the trial. The design also allows the use of multisource adaptive randomization to target information balance within...

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Org Transformation

April 17, 2024 10:30am - April 17, 2024 10:50am

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Authors: Michelle Hilleary, Hal Cardwell, Michael Deegan, Igor Linkov, Chris Cummings, Kat McCain

Speakers: Michelle Hilleary & Hal Cardwell (U.S. Army Corps of Engineers)

Abstract:

Collaboration in water resources management in the U.S. Army Corps of Engineers (USACE) has benefited from sustained strategic investment and network nurturing. Recent policy directives to look more comprehensively across categories of benefits are moving the Corps to employ more multi-objective decision making techniques in the tradeoffs analysis step of the Civil Works planning process. Applying collaborative...

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April 17, 2024 10:50am - April 17, 2024 11:05am

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Authors: Leah M. Sharpe, Matthew C. Harwell, Jim Harvey, Tammy Newcomer-Johnson, Gina Ferreira, Stephanie Kim, Bruce Pluta

Speaker: Leah Sharpe (US Environmental Protection Agency)

Abstract:

The U.S. Environmental Protection Agency’s (EPA) Superfund program is responsible for the assessment, cleanup, and reuse of some of the most contaminated sites in the United States. The primary goal of Superfund work is to protect human health and the environment and the work itself is regulatorily and legislatively proscribed. While the concept of ecosystem services (ES; i.e., the benefits that humans receive from nature) is not a part of Superfund processes, the EPA identified potential connections between ES concepts and remediation and...

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April 17, 2024 11:05am - April 17, 2024 11:20am

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Authors: Jennifer L. Graham, Gabriella Cebada Mora, Rebecca M. Gorney, Lianne C. Ball, Claudia Mengelt, and Michael C. Runge

Speaker: Jennifer Graham (USGS)

Abstract:

Cyanobacteria increasingly are a global water-quality concern because of the potential for these organisms to develop harmful blooms that affect ecologic, economic, and public health. Cyanobacterial harmful algal blooms (CyanoHABs) can lead to a decrease in water quality and may affect the recreational and ecological benefits of parks that include lakes. The New York State Office of Parks, Recreation and Historic Preservation (OPRHP) is a state agency charged with the operation of state parks and historic sites. Many New York State parks include lakes or other...

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April 17, 2024 11:20am - April 17, 2024 11:35am

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Authors: Angela Romito & Max Post van der Burg

Speaker: Angela Romito (U.S. Fish and Wildlife Service)

Abstract:

A team comprised of United States Fish & Wildlife Service National Wildlife Refuge System (US FWS NWRS) biologists and refuge managers worked collaboratively to develop a transparent, coordinated process to allocate annual invasive species funding, better leverage relevant resources, and reduce the impact of non-native species, in turn, facilitating achievement of biological integrity, species diversity, and environmental health across the Midwest US FWS NWRS. They constrained their work to reflect refuge capacity for project implementation, variability in station priorities, adherence to funding directives,...

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April 17, 2024 11:35am - April 17, 2024 12pm

Facilitated by: Katrina Alger (US Geological Survey)

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Session 3

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Org Transfromation

April 17, 2024 1pm - April 17, 2024 1:45pm

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Co-Presenting: Christa Roemkens, Mike Benefiel & Ellen Vernotzy (Chevron)

Abstract:

Creating a sustainable decision making culture is a continuous work-in-progress. Just as businesses and industries evolve to adapt to changing drivers, so the decision making culture must adapt too. It is shaped as much by a company's specific culture as by the trends in general and project management philosophy. Inevitably, components put in place with the best intentions take on a life of their own and can...

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April 17, 2024 1:45pm - April 17, 2024 2:30pm

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Speaker: Alison Zabik (Exxon Mobil)

Abstract:

As Decision professionals, we are designers. We craft and shape the elements of decision quality to support decision makers and stakeholders, in pursuit of organizational objectives. Decision professionals are obligated therefore to design and customize decision processes in support of the human needs of the decision maker and in consideration of the organizational behavior context of the enterprise.

This talk will translate behavioral economics literature into a decision quality practice. Focus will be on practical techniques that incorporate academic insights, such as mental accounting, time discounting and choice bracketing, into the day-to-day practice of decision quality. This talk will also...

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Innovation

April 17, 2024 1pm - April 17, 2024 1:30pm

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Speaker: Gary Summers (GSK)

Abstract:

We’ve all heard that statistic’s mantra, “Correlation does not equal causation.” However, causal inference, a new set of statistical techniques, can identify causal relationships from data. Amazingly, it can derive experimental results and counterfactuals from observational data. DAGs, directed acyclic graphs, similar to influence diagrams, are the heart of causal inference. Using ten years of publicly available clinical trial data, Intelligencia and GSK are creating a DAG and studying causation in clinical trial designs, a prelude measuring the impact of decision choices, such as how enriching trials with patient selection biomarkers impact a trial’s probability of success. This presentation will introduce...

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April 17, 2024 1:30pm - April 17, 2024 2pm

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Speakers: Steve Galatis & Paul Papayoanou (Decision Frameworks)

Abstract:

In many situations, the decisions of biopharma companies are interdependent with those of competitors and partners. Co-marketing and licensing deals, and other M&A transactions, require negotiation of win-win agreements. Launch strategy, pricing and market access, and in-market positioning, meanwhile, are best developed by thinking through complex action-reaction dynamics and key uncertainties. For such situations, game theory is the most appropriate tool, and Strategic Gaming is a practical application that is an extension of traditional...

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AI / Analytics

April 17, 2024 1pm - April 17, 2024 1:25pm

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Speaker: Julien Martin (US Geological Survey)

Abstract:

Applications of artificial intelligence (AI) and Machine learning (ML) techniques to ecological research and management are growing rapidly. These techniques have the potential to increase the efficiency of data collection and analyses of ecological data to help inform management decisions. In this session, we will discuss the benefits and limitations of these methodologies for natural resource management. More specifically, we will examine the roles and limitations of AI and ML in the context of structured decision making. Structured decision making (SDM) for natural resource management is a method for analyzing a decision by decomposing the problem into components, which include: (1)...

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April 17, 2024 1:25pm - April 17, 2024 1:45pm

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Speaker: Katrina Alger (US Geological Survey)

Abstract:

The USGS has long been synonymous with delivering accurate and reliable observed water data through its extensive national networks of stream gages and hydrologic experts. The bureau has no management authority and instead partners with a wide variety of federal, state, and local partners to provide objective scientific research in the service of action. As a result, much of the data delivered by the Water Enterprise must be decision-agnostic, and yet the expectation is that its primary use will be in decision-making at multiple scales.

Congressional directives from the 2009 SECURE Water Act, combined with methodological and...

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April 17, 2024 1:45pm - April 17, 2024 2pm

Facilitated by: Laura Brandt & Erin Rivenbark

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April 17, 2024 2pm - April 17, 2024 2:30pm

Moderator: Laura Brandt (U.S. Fish & Wildlife Service)

Panelist: Julien Martin (USGS) & Katrina Alger (USGS)

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April 17, 2024 3pm - April 17, 2024 3:30pm

Congratulations to the 2023 DAS/SDP Practice Award Winner!

The Decision Analysis Practice Award is sponsored jointly by the Decision Analysis Society and the...

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Interactive Session

April 17, 2024 3:30pm - April 17, 2024 4:30pm

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Interactive Session

April 17, 2024 5pm - April 17, 2024 7pm

By Early-Career Professionals in the field of Decision Analysis or Related Disciplines

April 17, 2024 5:30pm - April 17, 2024 6:30pm

Location: Renoir Room (Near Masters Ballroom), Hilton Arlington

April 17, 2024 7pm - April 17, 2024 10pm

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