Scenario and Root Cause Analysis with Generative AI

Ends today! Save 40% on your access to 10,000+ programs and make a real impact in your career. Save now.

Scenario and Root Cause Analysis with Generative AI

This course is part of multiple programs.

Instructor: Microsoft

2,584 already enrolled

Included with

4 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

Intermediate level

Recommended experience

2 weeks to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

Skills you'll gain

Category: Analysis
Category: Risk Modeling
Category: Risk Management
Category: Root Cause Analysis
Category: Responsible AI
Category: Data-Driven Decision-Making
Category: Strategic Decision-Making
Category: Strategic Thinking
Category: Scenario Testing
Category: Strategic Planning
Category: Decision Making
Category: Risk Analysis
Category: Risk Mitigation
Category: Anomaly Detection
Category: Correlation Analysis
Category: Analytical Skills
Category: Decision Support Systems

Tools you'll learn

Category: AI Workflows
Category: Generative AI

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

17 assignments

Taught in English

Build your subject-matter expertise

This course is available as part of

When you enroll in this course, you'll also be asked to select a specific program.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 4 modules in this course

In this final course, you'll apply generative AI to scenario planning and root cause analysis. The target learner for this course is a seasoned data professional or an aspiring analyst. This comprehensive program empowers.

Explore diverse hypothetical scenarios and their potential impacts on data, utilizing generative AI to enhance scenario planning and risk assessment.

What's included

14 videos10 readings4 assignments

14 videosTotal 67 minutes

The perplexed planner: Navigating uncertainty with scenario analysis3 minutes
Demystifying scenario analysis: Understanding its role in decision-making6 minutes
The role of scenario analysis in strategic planning: A deep dive6 minutes
Predicting the future with data2 minutes
Predicting future worlds with Generative Models6 minutes
AI tools for scenario analysis6 minutes
The human element: Interpreting AI-generated scenarios5 minutes
Scenario sliders: Exploring the what-ifs2 minutes
Demo: Fine-tuning AI scenarios with parameter adjustments6 minutes
Sensitivity analysis: Testing scenario robustness6 minutes
What If? The art of tweaking AI Scenarios for maximum insight6 minutes
The risk navigator: Charting a course through uncertainty3 minutes
Demo: Interpreting AI scenario outputs: Making sense of the data5 minutes
Scenario analysis for risk mitigation: Proactive strategies for success6 minutes

10 readingsTotal 100 minutes

Scenario and root cause analysis with generative AI syllabus10 minutes
The GenAI Tools for Data Analysis: A Practical Guide10 minutes
Scenario analysis fundamentals10 minutes
Scenario analysis in the age of AI: The impact of generative AI10 minutes
Generative AI and scenario modeling10 minutes
Ethical considerations in AI-powered scenario analysis10 minutes
The importance of data inputs in scenario analysis10 minutes
Scenario analysis for different time horizons10 minutes
Quantifying risk in scenario analysis10 minutes
Scenario analysis and decision trees: Visualizing your choice10 minutes

4 assignmentsTotal 75 minutes

Practice Assignment: Introduction to scenario analysis15 minutes
Practice Assignment: Generative AI for scenario simulation15 minutes
Practice Assignment: Adjusting Inputs and Parameters15 minutes
Practice Assignment: Scenario analysis30 minutes

Uncover the underlying causes of trends and incidents within data, harnessing generative AI for in-depth analysis and the development of preventative solutions.

What's included

15 videos5 readings5 assignments

15 videosTotal 78 minutes

The data detective's casebook: Cracking the root cause mystery2 minutes
The importance of root cause analysis: Going beyond the surface6 minutes
Unraveling root causes with proven methods6 minutes
When to use which RCA method: Choosing the right tool for the job6 minutes
AI's pattern recognition2 minutes
Generative AI: The data analyst's detective tool6 minutes
Identifying anomalies and spotting the outliers6 minutes
Correlation vs. causation: The great data debate2 minutes
Demo: AI-powered correlation analysis6 minutes
From patterns to root causes6 minutes
Navigating the maze of causality in big data7 minutes
Decoding the matrix: How AI reveals hidden patterns in your data6 minutes
Generative AI as your problem-solving partner3 minutes
The art of recommending solutions6 minutes
Demo: Using AI for solution modeling6 minutes

5 readingsTotal 50 minutes

5 whys, fishbone diagrams, and more: A guide to RCA methodologies10 minutes
Comprehensive guide to root cause analysis methodologies10 minutes
Natural language processing for RCA: Unlocking insights from text data10 minutes
Data correlation vs. causation10 minutes
Turning insights into action10 minutes

5 assignmentsTotal 105 minutes

Practice Assignment: Root cause analysis methodologies15 minutes
Practice Assignment: Generative AI in root cause identification15 minutes
Practice Assignment: Using AI for data pattern analysis15 minutes
Activity: Root cause analysis with generative AI30 minutes
Graded Assignment: Root cause analysis30 minutes

Employ generative AI to identify and assess potential risks in datasets, facilitating the creation of effective risk mitigation strategies.

What's included

10 videos6 readings4 assignments1 discussion prompt

10 videosTotal 51 minutes

Risk management: Beyond avoiding the worst6 minutes
AI risk radar: Scanning your data for hidden threats and opportunities6 minutes
AI's predictive powers2 minutes
Demo: Risk heatmaps with AI5 minutes
Exploring the risks with AI3 minutes
What if...? Exploring risk scenarios with AI6 minutes
Stress testing your strategies with AI6 minutes
AI-powered risk mitigation analysis6 minutes
Cost-benefit analysis of risk mitigation6 minutes
Balancing AI and human insight in risk mitigation6 minutes

6 readingsTotal 60 minutes

Risk: The good, the bad, and the unknown10 minutes
Data's role in risk management10 minutes
AI-powered risk identification tools10 minutes
Beyond the obvious: AI's role in uncovering hidden risks10 minutes
The power of probabilistic thinking in risk management10 minutes
Risk mitigation: Your action plan10 minutes

4 assignmentsTotal 75 minutes

Practice Assignment: Fundamentals of risk management15 minutes
Practice Assignment: Generative AI for risk identification15 minutes
Practice Assignment: Simulating risk scenarios with AI15 minutes
Graded Assignment: Risk identification and management30 minutes

1 discussion promptTotal 15 minutes

Connecting the dots with AI15 minutes

Leverage insights from scenario analysis to inform strategic decision-making, utilizing generative AI to guide business processes

What's included

12 videos6 readings4 assignments

12 videosTotal 63 minutes

Data-driven decision-making: A mindset shift6 minutes
Empowering Decisions with data-driven insights2 minutes
From scenarios to strategies: Turning AI insights into actionable plans6 minutes
Scenario-based decision-making tools: A guided tour6 minutes
The dynamic duo: Combining human judgment with AI-powered insights6 minutes
Strategic planning: Charting the course with AI2 minutes
Scenario-based resource allocation6 minutes
AI-driven scenarios: Reshaping corporate strategy6 minutes
The decision-making scorecard: Measuring the impact of AI2 minutes
Case studies: The ROI of scenario-based decision-making6 minutes
Comparative analysis: AI vs. traditional decision making6 minutes
Quantifying the impact of AI in decision-making6 minutes

6 readingsTotal 60 minutes

A Guide to frameworks and the role of analysis10 minutes
Cognitive biases and decision making10 minutes
The human-AI collaboration in decision making10 minutes
Strategic planning: The big picture10 minutes
Risk management through scenario planning10 minutes
The future of decision-making: AI's evolving role10 minutes

4 assignmentsTotal 75 minutes

Practice Assignment: Decision-making frameworks15 minutes
Practice Assignment: Integrating AI-generated insights15 minutes
Practice Assignment: Applications in strategic planning15 minutes
Graded Assignment: Decision-making with scenario analysis30 minutes

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.

Instructor

Microsoft

371 Courses2,682,630 learners

Offered by

Microsoft

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Frequently asked questions

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.