District Syllabus
Managerial Risk Analysis And Decision Making

Credit Hours: 3
Contact Hours: 3
Laboratory Fee: None.
Prerequisites: There are no prerequisites for this course.
Corequisites: There are no corequisites for this course.
Catalog Description:
Concentrates on practical decision problems for the manager in an 
organization.  Topics include decision-making theory, linear 
programming and extensions, Markov Chains, queuing, simulation, and 
decision support systems.  Use of computer packages.              
Required Materials: Books:
  • Fogler and LeBlanc. Strstegies for Creative Problem Solving, 2nd ed., Prentice Hall, 2008. ISBN: 9780130082794
Supplemental Materials: Additional materials may be assigned by the instructor to supplement the required materials. -->
Special Requirements: None
Program Learning Outcomes:
Bachelor of Applied Science Learning Outcomes (Organizational 
1.  Apply the rules and principles of law and ethics.
2.  Apply organizational strategies.
3.  Communicate professionally.
4.  Manage information to support organizational goals.
5.  Demonstrate effective management of a business organization.

Course Learning Outcomes:
1. Understand risk management and decision theory models.
2. Explore behavioral and economical implications of decision theory 
3. Evaluate risk analysis and assessment tools.
4. Compare different approaches used by businesses to manage risks 
and make better decisions,
5. Examine factors that influence decisions and risks in today's 
global organizations.
6. Develop model(s) that integrate and apply the concepts 
Methods of Evaluation:
Evaluation of student progress towards achieving the stated learning 
outcomes and performance objectives is the responsibility of the 
instructor, within the policies of the college and the department.  
Detailed explanations are included in the expanded syllabus 
by the instructor for each section being taught.
Flexibility: It is the intention of the instructor to accomplish the objectives specified in the course syllabus. However, circumstances may arise which prohibit the fulfilling of this endeavor. Therefore, this syllabus is subject to change. When possible, students will be notified of any change in advance of its occurrence.
Student Email Accounts Pensacola State College provides an institutional email account to all credit students. Pirate Mail is the official method of communication, and students must use Pirate Mail when communicating with the College. In cases where companion software is used for a particular class, emails may be exchanged between instructor and student using the companion software.
Note: For students with a disability that falls under the Americans with Disability Act or Section 504 of the Rehabilitation Act, it is the responsibility of the student to notify Student Resource Center for ADA Services to discuss any special needs or equipment necessary to accomplish the requirements for this course. Upon completion of registration with the Student Resource Center for ADA Services office, specific arrangements can be discussed with the instructor.