GB4460: Business Risk Management - NPS Online
Addresses the risk management issues that are inherent in business decisions. Students will learn to manage Schedule Risk, Supply Risk, Capacity (Readiness) Risk and Budget Risk; how to use metrics such as Value-At-Risk and Conditional Value-At-Risk to quantify exposure; how to combine risk sources; account for correlation, and use Bayesian Updating to modify risk estimates. Monte Carlo Simulation will be used extensively, and will be contrasted with other approaches (e.g., Discounted Cash Flow). Descriptive approaches to the study of risk judgments such as prospect theory will be examined, so that students can better predict risk-related behavior of others.
08 Jan 2024
Spring Quarter applications due
01 Apr 2024
Summer Quarter applications due
08 Jul 2024
Fall Quarter applications due