Decision and Risk Analysis for Projects

Improve the quality of your project decisions by employing a disciplined approach to decision-making that takes risk into consideration. In this online course, you’ll learn how to avoid “gut-feel” decisions and maximize the value of your decisions throughout the lifecycle of a project.

Take this online course and learn how to choose from different decision-making methods that will help you make the right investment choices for your company.  The course begins with a brief summary of the time value of money, present value and profitability indices and how to turn them into key economic parameters. You’ll examine how to utilize decision-making methodology with different types of projects.

You’ll learn how to:

• Choose from mutually exclusive projects
• Build multi-project portfolios
• Assess tolling options versus direct manufacturing
• Select research and development projects
• Handle licensing and royalty issues
• Manage joint ventures
• Acquire assets and companies

You can expect to explore a range of risk analysis, from the simplest use of sensitivity analysis to the use of the more complex Monte Carlo simulation approach. Throughout the course, practical exercises and problems will bring the concepts you learn to life.