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INFORMATION MANAGEMENT (T81)  (Dept. Info)Engineering Continuing Studies  (Policies)
T81 INFO 556Advanced Risk Analysis and Response Planning3.0 Units
Description:This course develops Mastery Level skills to allow the risk practitioner to focus on meeting Threat and Opportunity Uncertainty challenges in rapidly changing project and business environments and on developing competencies needed for the future project and portfolio success. Advance application of Quantitative Risk Analysis, Dual contingency analysis, Advanced Decision Analysis, Risk valuation, and risk data accuracy/precision are covered. Advanced contingency planning with predictive analytics will be included. Key business environments that would leverage these competencies include Information Technology, Cyber Security, Engineering, Manufacturing, Procurement and Financial Services. Focus areas of discussion include: 1. Expose risk practitioners to advanced risk response planning for threat avoidance, mitigation and transferring risk to appropriate stakeholders. Advanced response planning for Exploiting, Enhancing and Sharing Opportunities will be addressed. 2. Critical Decision Analysis incorporating risk will be covered. Key risk management capabilities and trends that affect organizations in the 21st century- cyber security, financial uncertainty, global management, entrepreneurship, employee competency risk, team-based management and managing risk threats and opportunities in a competitive and ethical manner will be examined. 3. Develop competency at predicting the likelihood (probability) and consequence (impact) associated with risk events. This includes determining how project outcome can be affected by known and unknown risks. Prioritization and Valuation of multiple risks; determining project risk scores to aid in portfolio analysis, strategic capital allocation and maximizing alignment to business strategies. 4. Expanded Quantitative Analysis including Asymmetrical, Symmetrical and Uniform Probabilistic Distribution scenarios. This will include expanded Monte Carlo simulations to predict risk probability of project completing according to base
Attributes:
Instruction Type:Classroom instruction Grade Options:CPA Fees:
Course Type:HomeSame As:N/AFrequency:None / History
Label

Home/Ident

A course may be either a “Home” course or an “Ident” course.

A “Home” course is a course that is created, maintained and “owned” by one academic department (aka the “Home” department). The “Home” department is primarily responsible for the decision making and logistical support for the course and instructor.

An “Ident” course is the exact same course as the “Home” (i.e. same instructor, same class time, etc), but is simply being offered to students through another department for purposes of registering under a different department and course number.

Students should, whenever possible, register for their courses under the department number toward which they intend to count the course. For example, an AFAS major should register for the course "Africa: Peoples and Cultures" under its Ident number, L90 306B, whereas an Anthropology major should register for the same course under its Home number, L48 306B.

Grade Options
C=Credit (letter grade)
P=Pass/Fail
A=Audit
U=Satisfactory/Unsatisfactory
S=Special Audit
Q=ME Q (Medical School)

Please note: not all grade options assigned to a course are available to all students, based on prime school and/or division. Please contact the student support services area in your school or program with questions.


No section found for FL2024.