PETROENG 7049 - Adv Managerial Decision Making and Risk Analysis
| Career: |
Postgraduate Coursework |
| Units: |
3 |
| Term: |
Semester 1 |
| Campus: |
North Terrace |
| Contact: |
Intensive short course of integrated lectures & computer based worked examples |
| Restriction: |
Students in specified program only, please check relevant Academic Rules |
| Available for Non-Award Study: |
Yes |
| Assumed Knowledge: |
PETROENG 1005, competency with Excel |
| Incompatible: |
Cannot be presented with PETROENG 7009, 4027 or 4024 |
| Assessment: |
assignments, group discussions and exam |
| Syllabus: |
This course is a 3-unit alternative to PETROENG 7009, Decision Making and Risk Analysis. In addition to the material in 7009, it has more extensive coverage of Monte Carlo Simulation (modelling dependencies and using the @Risk Excel add-in) and Value of Information (3x3 "tree-flips" and sensitivity analysis). In addition, Utility Theory will be introduced as a means of rationally accounting for risk attitudes.
|
Course Fees
Course fees are displayed for the Program:
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Critical Dates
Class Details
| Enrolment Class: Lecture |
|---|
| 10785 |
LE01 |
8 |
6 |
11 Mar - 11 Mar |
Wednesday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 12 Mar - 12 Mar |
Thursday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 13 Mar - 13 Mar |
Friday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 16 Mar - 16 Mar |
Monday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 17 Mar - 17 Mar |
Tuesday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 7 May - 7 May |
Thursday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
| 8 May - 8 May |
Friday |
9AM - 5PM |
Petroleum Engineering, G04, Conference Room |
