Postgraduate Programme and Module Handbook 2017-2018 (archived)
Module BUSI41215: DECISION ANALYSIS FOR MANAGEMENT JUDGEMENT (DL)
Department: Business School (Business)
BUSI41215: DECISION ANALYSIS FOR MANAGEMENT JUDGEMENT (DL)
| Type | Tied | Level | 4 | Credits | 15 | Availability | Not available in 2017/18 | Module Cap |
|---|
| Tied to | N1D317 |
|---|---|
| Tied to | N1D217 |
| Tied to | N1D314 |
Prerequisites
- None.
Corequisites
- None.
Excluded Combination of Modules
- None.
Aims
- To give students an in-depth understanding at an advanced level of the complexities of decision making, and how decisions can be improved by specialist techniques such as multi-attribute decision analysis. Emphasis is placed on critically evaluating both the quality of management judgement and the assumptions underlying decision aiding techniques.
Content
- Multiple Objective Decision-Making
- Decisions Involving Multiple Objectives -1
- Decisions Involving Multiple Objectives - 2
- Simplifying SMART: SMARTER
- The VISA Program
- An Alternative MAVA Approach: Even Swaps
- Framing of Decisions - 1
- Framing of Decisions - 2
Learning Outcomes
Subject-specific Knowledge:
- By the end of the module students will have:
- a specialist knowledge of the pitfalls of individual decision making;
- a critical appreciation of the assumptions, implications, and limitations of decision analysis techniques.
Subject-specific Skills:
- By the end of the module students will have:
- advanced skills in, and a critical understanding of, the techniques of multi-attribute decision analysis.
Key Skills:
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- The module is delivered in discrete Units. These are designed to enable the learning outcomes to be achieved through a combination of specially written material, directed reading, reflection through self-assessed assignments and guidance for further reading. Module tutors provide feedback on formative work and are available for individual consultation as necessary (by email, telephone, post or fax).
- The written assignment will test students’ understanding of relevant concepts and their ability to apply and interpret what they have learned to the analysis of a particular issue in depth.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total/Hours | |
|---|---|---|---|---|---|
| D L Study Units (a combination of specially written material, directed reading, self-assessed assignments and guidance for further reading) | 150 | ||||
| Total | 150 |
Summative Assessment
| Component: Written Assignment | Component Weighting: 100% | ||
|---|---|---|---|
| Element | Length / duration | Element Weighting | Resit Opportunity |
| Written Assignment | 4,000 words maximum | 100% | |
Formative Assessment:
1 Compulsory Tutor Assessed Assignment, (1,500 words).
■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University