OS4010: Engineering Risk Benefit Analysis - NPS Online
Engineering Risk Benefit Analysis
Course #OS4010
Est.imated Completion Time: 3 months
POC: NPS Online Support
Overview
This course emphasizes three methodologies, Decision Analysis (DA), Reliability and Probabilistic Risk Assessment (RPRA) and Cost-Benefit Analysis (CBA). The course is designed to give students an understanding of how these diverse topics can be applied to decision making process of product design that must take into consideration significant risk. The course will present and interprets a framework for balancing risks and benefits to applicable situations. Typically, these involve human safety, potential environmental effects, and large financial and technological uncertainties. Concepts from CBA and RPRA are applied for real world problems resulting in decision models that provide insight and understanding and consequently leading to improved decisions. Prerequisites: None.

Application Deadlines
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08 Jan 2024
Spring Quarter applications due
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01 Apr 2024
Summer Quarter applications due
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08 Jul 2024
Fall Quarter applications due
Academic Calendar
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08 Dec 2023
Last day of classes
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12 Dec 2023 – 14 Dec 2023
Fall Quarter final examinations
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15 Dec 2023
Fall Quarter graduation
See NPS Academic Calendar for more dates.