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ADSE4103 - Decision Analysis and Risk Management

Offering Academic Unit
Department of Systems Engineering
Credit Units
3
Course Duration
One Semester
Pre-requisite(s)
Equivalent Course(s)
Course Offering Term*:
Semester B 2023/24

* The offering term is subject to change without prior notice
 
Course Aims

Decision making, uncertainty and risk are inherent to almost all man-made systems. Good decisions lead to success and bad decisions lead to failure. This course aims to present principles and tools for making good decisions. This includes a principled approach to formulating and solving a decision problem, by accounting for uncertainties in the system or environment and incorporating risk attitudes.


Assessment (Indicative only, please check the detailed course information)

Continuous Assessment: 40%
Examination: 60%
Examination Duration: 2 hours
For a student to pass the course, at least 30% of the maximum mark for the examination should be obtained.
 
Detailed Course Information

ADSE4103.pdf