Catalogue 2014 - 2015

EMGT 704 Engineering Risk Analysis

Credits

3 cr.

Prerequisite

EMGT 602 or permission

Course Description

This course provides an understanding of systems engineering and complex systems. It emphasizes the development of the fundamentals of systems engineering, engineering life cycle models and phases, systems design for operational feasibility, and an introduction to planning for systems engineering and management.

Notes

This course examines the application of engineering management technique methodology to recognize, evaluate, and make decisions regarding expenditures for the mitigation of potentially risks associated with large engineering projects. It examines methods and processes of planning for, identifying, assessing, monitoring, and responding to project risk. Quantitative risk analysis procedures, including decision free analysis, risk simulation, risk ranking, and risk responding techniques are covered.