CMGT 670 - Construction Enterprise and Risk Management

Units: 3
Quantitative techniques for risk-based analysis in construction, risk elicitation and mitigation, enterprise risk assessment and management, decision making under uncertainty.

Prerequisites: Admission to M.S. Construction Management program.
Possible Instructional Methods: On-ground.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Analyze the different types of risk and assess their likelihood and impact (PLO7).
Evaluate the use of different quantitative analysis techniques such as Monte Carlo simulation to assess the overall effect of risk at a project and corporate level, thus facilitating decision making under uncertainty (PLO7).
Understand the fundamentals of a construction company corporate structure and how project and financial risks impact its profits (PLO5,7).