Studyportals
Certificate Online

Decision Analysis Under Uncertainty Delft University of Technology (TU Delft)

Highlights
Tuition fee
Free
Free
Unknown
Tuition fee
Free
Free
Unknown
Duration
1 months
Duration
1 months
Apply date
Anytime
Unknown
Apply date
Anytime
Unknown
Start date
Anytime
Unknown
Start date
Anytime
Unknown
Taught in
English
Taught in
English

About

Despite its increased accessibility, data is often insufficient and can therefore impact quantitative assessments regarding future events, risks or opportunities. In this Decision Analysis Under Uncertainty course at Delft University of Technology (TU Delft) you will learn to apply a tried and tested tool to use expert opinions to quantify uncertainty.

Overview

Structured Expert Judgement (SEJ) provides a transparent and performance-driven approach to using expert opinions in decision-making processes. It gives you an accessible and easy-to-use tool to forecast the uncertainty of specific quantities of interest, enabling you to evaluate and aggregate the uncertainty assessments offered by a pool of experts.

This rigorous and mathematically sound method can be used by any professional interested in supporting the assessment and prediction of risks and opportunities, from portfolio analysts and consultants to risk analysts and managers.

In this Decision Analysis Under Uncertainty course at Delft University of Technology (TU Delft) you will learn how to use SEJ in a specific project. You will be able to use your own case and receive personalized support and feedback throughout.

Outcomes

After taking this course you will be able to:

  • use SEJ to quantify uncertainty to support your decision making
  • design a complete expert judgment process
  • carry out a structured protocol during which experts provide their assessments and rationales
  • analyse expert data and produce a report of the findings

Programme Structure

Topics in this course include:
  • Why and when to use SEJ?
  • Statistical accuracy (calibration) and information score
  • Performance-based weights and the Decision Maker
  • Data analysis
  • Applications of CM
  • Practical matters (biases, experts, elicitation)

Key information

Duration

  • Part-time
    • 1 months

Start dates & application deadlines

You can apply for and start this programme anytime.

Language

English

Credits

2 alternative credits

Continuing Education Units

Delivered

Online

Campus Location

  • Delft, Netherlands

What students do after studying

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

  • This course is primarily geared towards working professionals.

Prerequisites:

  • Basic concepts in Probability Theory and Statistics. To support your learning, you will have access to videos introducing these concepts.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.
  • International

    Non-residents
    Free
  • EU/EEA

    EU/EEA Nationals
    Free

Additional Details

  • Free | Earn certificate for $249

Funding

Other interesting programmes for you

Our partners

Decision Analysis Under Uncertainty
Delft University of Technology (TU Delft)
Decision Analysis Under Uncertainty
-
Delft University of Technology (TU Delft)

Wishlist

Go to your profile page to get personalised recommendations!