OIE 542 - Risk Management And Decision Making

Description
Risk management deals with decision making under uncertainty. It is interdisciplinary, drawing upon management science and managerial decision-making, along with material from negotiation and cognitive psychology. Classic methods from decision analysis are first covered and then applied, from the perspective of business process improvement, to a broad set of applications in operations risk management and design including: quality assurance, supply chains, information security, fire protection engineering, environmental management, projects and new products. A course project is required (and chosen by the student according to his/her interest) to develop skills in integrating subjective and objective information in modeling and evaluating risk. (Prerequisite: OIE 501 or equivalent content, or instructor consent.) (Students cannot get credit for both OIE 542 and OIE 541.)
Credits
3
Attributes
Online Asynchronous, Energy Providers Coalition Edu
Recent Professors
Open Seat Checker
Schedule Planner
Recent Semesters
Fall 2019, Spring 2019, Fall 2018
Offered
Th
Avg. Class Size
29
Avg. Sections
2