Project Course in Engineering Risk Analysis

MS&E250B

Stanford School of Engineering


Engineering Risk Analysis

Description

Students must attend classes on-campus to enroll in this course.

In this course students, individually or in groups, choose, define, formulate, and resolve a real risk management problem, preferably from a local firm or institution. An oral presentation and report are required, and the scope of the project is adapted to the number of students involved. Three phases will be explored: risk assessment, communication and management. There is an emphasis on the use of probability for the treatment of uncertainties and sensitivity to problem boundaries. After taking this class, students should be able to demonstrate that they can formulate a risk analysis problem with engineering methods. Students should also be able to demonstrate that they can communicate the following to a real-world project sponsor:

  • Problem formulation
  • Approach and methodology
  • Assumptions and limitations
  • Results and analysis
  • Recommendations

Prerequisites

MS&E250A and consent of instructor

  • 1 year of college level calculus (through calculus of several variables, such as MATH51 or CME100)
  • Background in statistics, experience with spreadsheets recommended.
  • An undergraduate degree with a GPA of 3.0 or equivalent

Topics include

Recent topics have included:

  • An initial analysis of the hyperloop project
  • Cyber security in a specific setting
  • The risks of asteroids

Course Availability

The course schedule is displayed for planning purposes – courses can be modified, changed, or cancelled. Course availability will be considered finalized on the first day of open enrollment. For quarterly enrollment dates, please refer to our graduate education section.

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