Minimum Functional Objectives (MFO) – capital efficient decision-making
A Workshop by Brian Putt and Audrey Del Vescovo
About this Workshop
Investing to maximize profit, capture upside opportunities and mitigate risk can lead to large projects with unjustified complexity and scope. This can have the unintended consequence of destroying the very value we are trying to capture. Applying Minimum Functional Objectives (MFO) can help mitigate this risk by simplifying the complex and bringing transparency to the value proposition.
MFO is a bottom-up, value-focused, cost-disciplined approach to decision-making that unpacks decisions and drives higher decision quality. Chevron uses this proven approach as their primary methodology for conducting decision and risk analysis. In this presentation, Brian Putt and Audrey Del Vescovo will use a case study to demonstrate the application of MFO and tackle some frequently asked questions.
About The Speakers
Decision Quality Consultant, Putt DQ Consulting
Brian recently completed 4 years as a Director of Society of Decision Professionals and is a certified Fellow is SDP and sits on the Certification Council. He was award the SDP Pioneering Practice Award in 2023. He maintains an extensive YouTube Channel on Decision Analysis “Brian Putt”.
Decision Coach, Pragmatic Decisions
Audrey is the creator and co-developer of Minimum Functional Objectives (MFO) - an approach to decision-making that is simple in concept and powerful in practice. Audrey is a decision and risk analysis professional who is skilled in framing, facilitation, consulting, coaching & mentoring.