49001 Judgment and Decision Making
6cp; 3hpw Forms of attendance and mode of delivery in this subject have changed to enable social distancing and reduce the risks of spreading COVID-19 in our community.; availability: all courses (core for MEM)There are course requisites for this subject. See access conditions.
Postgraduate
Description
This subject develops understanding of rational decision aids in light of modern descriptive theories of judgment, choice and decision in organisations. The methods of management science, decision analysis and judgment analysis are presented, and models of individual, group and strategic decision-making are critically assessed.
Drawing on the insights of psychology, sociology and management science, this subject aims to inform you about the many facets of good judgment associated with decision-making. The subject is suitable for engineering, business and supply chain students alike. The key topics of decision trees, multi-attribute decisions, consideration of risk, and holistic decision making are all particularly relevant to all industry practitioners and stakeholders.
Typical availability
Autumn session, City campus
Spring session, City campus
This subject is also available in Hong Kong and Shanghai to offshore students only.
Detailed subject description.