All available lecture notes are provided below:
Unit 1: Introduction
Session 1: Risk and Decision Analysis; Engineering Systems Analysis for Design (PDF)
Unit 2: Forecast Is “Always” Wrong
Session 2: The Forecast Is “Always” Wrong (PDF)
Unit 3: Discounted Cash Flow (DCF)
Session 3: DCF Analysis Introduction and DCF Mechanics (PDF)
Unit 4: Garage Case
Session 4: Garage Case Example
Unit 5: Simulation Mechanics
Session 5: Mechanics of Simulation (PDF)
Unit 6: Excel Template Recitation
Session 6 Excel Template Recitation (not available)
Unit 7: Drivers of Flexibility
Session 7: Drivers of Flexibility (PDF)
Unit 8: Decision Analysis
Session 8: Decision Analysis (PDF)
Unit 9: Value of Information
Session 9: Information Gathering as a Strategy (PDF)
Unit 10: Utility Analysis and Multidimensional Evaluation
Session 10: Part 1 Evaluating and Choosing Preferred Projects (PDF)
Session 10: Part 2 Economic Evaluation (PDF)
Unit 11: Review and Quiz
