SEEM4103 - Decision Analysis and Risk Management

Offering Academic Unit
Department of Systems Engineering and Engineering Management
Credit Units
Course Duration
One Semester
Course Offering Term*:
Summer 2018
Summer 2019 (Tentative)

* 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
Detailed Course Information


Useful Links

Department of Systems Engineering and Engineering Management