UNI 4040V Applied Decision Analysis

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iCatalog Home UNI 4040V Applied Decision Analysis
(Last Modified:24-Mar-2022)


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This is a Lawrence Technological University (LTU) course provided via DAU with LTU professors. The course covers the options available for dealing with decisions under uncertainty. It is designed to acquaint students with basic ideas from decision theory to examine how to make better decisions.

Topics include judgment and choice biases, applying statistical data, dealing with risk and decision making under risk, decision making under uncertainty, assessment of probabilities, Bayesian statistics, value of information, decisions with multiple objectives, analytic hierarchy process (AHP), game theory, dynamic programming, and well-being theory.
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Target Attendees
NH-III/IV and equivalent defense acquisition workforce members, including business - cost estimating, business - financial management, contracting, engineering & technical management, lifecycle logistics, program management, and test & evaluation functional areas
See Notes
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
40 student hours, over the course of 2 weeks (see Notes)
Additional Course Information
Delivery Mode Virtual Instructor Led Training
Equivalent Courses N/A
ACE Recommended Credits N/A
Walk-ins Authorized N/A
Pre-work required No
First Offering 9/28/2021
Continuing Education Units   0
Continuous Learning Points  48
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible N/A
Technical Requirements Click Here
  • This course is restricted to DoD employees. Walk-ins NOT authorized.
  • Level II or III certification Engineering, Test & Evaluation, Program Management, Business Financial Management OR Business Cost Estimating career field is REQUIRED for all attendees.
  • Virtual classes are conducted via MS Teams Education.

    Course design:
  • 3 Virtual instructor-led (VILT) sessions in weeks 1 and 2 (Tuesday/Wednesday/Thursday, 8:00 a.m.- 5 p.m.; optional office hours avail on demand)

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