Engineering Risk-Benefit Analysis deals with Reliability and Probabilistic Risk Assessment; Decision Analysis and Cost-Benefit Analysis. This [course_title] is designed for you to understand problems related to nuclear power reactors, the International Space Station and Critical Infrastructures etc. From this [course_title] you will also have a review of elementary probability theory and statistics.
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of the assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.
Having an Official Edukite Certification is a great way to celebrate and share your success. You can:
- Add the certificate to your CV or resume and brighten up your career
- Show it to prove your success
|Reliability and probabilistic risk assessment|
|The logic of certainty||00:15:00|
|Elements of probability theory||00:15:00|
|Data and epistemic uncertainties; statistics||00:00:00|
|Probabilistic risk assessment||00:15:00|
|Decision analysis (DA)|
|The multistage decision model||00:15:00|
|The value of perfect information||00:15:00|
|The axioms of rational behavior||00:15:00|
|Introduction to utility||00:15:00|
|Multiattribute utility theory||00:15:00|
|Decision analysis and risk management||00:25:00|
|Cost-benefit analysis (CBA)|
|Background and fundamental premises||00:15:00|
|The time value of money||00:15:00|
|Bases for comparison of alternatives||00:15:00|
|Evaluating public activities||00:15:00|
|Submit Your Assignment||00:00:00|
No Reviews found for this course.