Risk Analysis for Business and Supply Chain Strategy

Catalog description

This course introduces students to practical tools for evaluating complex choices under uncertainty, quantifying trade-offs, and generating managerial insights. Students will learn how to structure decision problems, build decision trees, conduct scenario planning, and model uncertainty to support strategic business decisions. Through case studies - ranging from investment decisions and project management to new product launches - students will see how these methods are applied in practice. Emphasis is placed on using software to address real-world risk analysis problems commonly encountered in supply chain management, finance, accounting, marketing, and business analytics contexts.