Course Description
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 …
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 and management strategies. It also addresses how we should analyze possible performance outcomes and cope with risks in demand, requirements, cost, technology, etc.
Course Info
Instructor
Departments
Learning Resource Types
notes
Lecture Notes
theaters
Video Materials
Instructor Insights
group_work
Projects with Examples
assignment
Media Assignments
grading
Exams with Solutions
Engineering leaders need to recognize uncertainty when implementing system design and management. (Image courtesy of Elliott Brown on Flickr. License: CC BY-NC-SA.)
