Successful engineering project management includes estimation and proactive risk identification and development of mitigation techniques. System uncertainty is reduced when project risks are identified, quantified, and mitigation strategies implemented. Tools, techniques, and methodologies used by successful project managers will be examined.
Course Objectives:
System uncertainty quantification, inherent in every endeavor, is reduced using risk analysis, risk attitudes, risk modeling, quantitative risk management, probabilities and impacts, and engineering tools.
Students successfully completing this course will be able to:
• Identify, analyze, quantify, and mitigate risks
• Apply tools, techniques, and methodologies to implement risk management
• Assess discrete and continuous probability events, commonly used probability distributions, and calculate functions of random variables
• Understand the use of Bayes' rule, Markov chains, fault tree analysis, decision programming
Prerequisite
ECE 303 (Introduction to Communications Principles) or STAT 315 (Statistics for Engineers and Scientists). Credit not allowed for both ENGR 531 and ECE 531
Important Information
Military personnel admitted to a College of Engineering online degree program may be eligible for a 15% tuition discount. Tuition discounts can only be given if you provide the appropriate discount code at the time of registration. Call (877) 491-4336 or email
csu_online_registration@mail.colostate.edu to learn more. Discounts are not applicable to Denver sections.
