IDS.333 | Fall 2021 | Graduate IDS.333 Risk And Decision Analysis
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The course addresses a fundamental issue in system design and management, the need for engineering leaders to recognize uncertainty in the performance of their plans or designs. It presents discounted cash flow (DCF) Excel models, simulation, and decision analysis as primary ways to analyze possible outcomes of design …Show more
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Engineering leaders need to recognize uncertainty when implementing system design and management. (Image courtesy of Elliott Brown on Flickr. License: CC BY-NC-SA.)