Objectives

To provide the opportunity for students to apply the analytical knowledge, practical skills and software tools learned in this course to a selected real-world problem to help decision-makers and stakeholders make clear and defensible decisions

 

PhD/MEng students or those who aspire to pursue a research degree are welcome to do a research-oriented paper related to decision analysis instead of an application paper. Please consult the professor on relevant topics.

Schedule

• Submit a one-page proposal:
  • Due: 18 Oct 2024 (Friday Week 9) Completed
  • Proposal Template (word)
  • Canvas Submission Link

 

• Submit Final Report & Deliverables:
  • Due: 22 Nov 2024 (Friday Reading Week)
  • Canvas Submission Link
  • Upload only one ZIP file.
    Submission of multiple individual files will be rejected.

The Proposal

The one-page proposal should have the following information:

• Your name, matriculation number and contact.
• Title of term paper (tentative, but be specific as possible).
• Problem background, description and objectives.
• Decisions to be made.
• Possible alternatives for each decision above.
• Major factors and uncertainties.
• Sources of data/information.
• Software: DPL, YAAHP, Excel, Py, etc.
• Other information.

The Final Report

The final report is due at the end of the reading week.

Suggested Contents

• Cover Page
• Executive Summary
• Table of Contents

1. Problem Description
2. Base Model Formulation
3. Deterministic Structuring
4. Probabilistic Evaluation
5. What-If, Scenario & Options Analysis
6. Qualitative factors trade-off analysis (if any)
7. Recommendations & Conclusions

• References (if any, use APA format)
• Appendix A (if any)
• Appendix B (if any)
• ...

Project Deliverables

• Term Paper Report (PDF or Word)
• Decision models (DPL, YAAHP etc) and other supporting computer code
• ZIP all your files into ONE file, name it <Your Name>.zip