21953 Decision Making Under Uncertainty3cp; 10hrs face-to-face teaching (2 x 3.5hrs, 1 x 3hrs); additional learning activities provided online via Canvas
There are course requisites for this subject. See access conditions.
This subject introduces students to diverse ways of assisting people to make decisions in organisational settings. The key themes of uncertainty and ambiguity are emphasised in all stages of the decision-making process, right from identifying stakeholder needs and acquiring relevant data through to supporting decision making and influencing stakeholder behaviours. Using both a hard and soft systems thinking approaches, the subject explores various decision analysis methods and discusses the practical challenges to rational decision making. Most importantly, the subject helps students develop an understanding of the different types of decision problems they are likely to encounter in their professional lives and the diverse approaches that can be used to tackle them.
Detailed subject description.