OS4011 Risk Benefit Analysis

This course emphasizes decision analysis, probabilistic risk assessment, and cost-benefit analysis in systems analysis and systems acquisition contexts. The course is designed to give students an understanding of how these diverse topics can be applied to a decision-making process that must take into consideration significant technological and financial risk. The course will present and interpret a framework for balancing risks and benefits to applicable situations. Typically, these involve large financial and technological uncertainties. Concepts are applied to real-world problems resulting in decision models that provide insight, understanding and improvement of acquisition decisions.


OS3080, or an equivalent graduate level course in probability modeling

Lecture Hours


Lab Hours


Quarter Offered

  • As Required