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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.
FREE
This course includes
Hours of videos
305 years, 6 months
Units & Quizzes
11
Unlimited Lifetime access
Access on mobile app
Certificate of Completion
It presents discounted cash flow (DCF) Excel models, simulation, and decision analysis as primary ways to analyze possible outcomes of design and management strategies. It also addresses how we should analyze possible performance outcomes and cope with risks in demand, requirements, cost, technology, etc
Course Currilcum
- Risk and Decision Analysis; Engineering Systems Analysis for Design Unlimited
- The Forecast Is “Always” Wrong Unlimited
- DCF Analysis Introduction and DCF Mechanics Unlimited
- Garage Case Example Unlimited
- Mechanics of Simulation Unlimited
- Drivers of Flexibility Unlimited
- Decision Analysis Unlimited
- Information Gathering as a Strategy Unlimited
- Part 1 Evaluating and Choosing Preferred Projects Unlimited
- Part 2 Economic Evaluation Unlimited
- Investment in Large Plants Unlimited
