EMGT 462 - Risk Analysis and Management

  • Credit Hours: 4R-0L-4C
  • Term Available: -
  • Prerequisites: None
  • Corequisites: None

This course will introduce students to principles and methods of risk analysis and risk management, as related to diverse engineering and socio-technical systems. Students will learn how to: identify, prioritize and quantify risks; perform qualitative and quantitative risk assessments and develop risk models; assess uncertainty; identify, evaluate, and prioritize risk management alternatives; and communicate risk to stakeholders. Through the use of varied example problems and case studies, students will develop an understanding of the appropriate use of risk analysis and management methods for engineering and policy decision making under uncertainty.

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