Wednesday, December 17, 2014

Book Announcement

Engineering Decision Making and Risk Management is a textbook for a course on decision making and risk management. It is designed for advanced undergraduates, graduate students, and professional engineers. It will be published by John Wiley & Sons and is scheduled to appear in Spring 2015.

The text covers decision analysis techniques to improve decision-making, with applications in engineering design and engineering management, the analysis of decision-making processes, risk management processes, and understanding and improving decision-making systems.

This textbook covers important topics on decision making, presents tools for helping engineers make better decisions, and provides examples to illustrate the concepts and techniques. Students and engineers who study this material and apply these concepts and techniques should become better decision-makers.

This text discusses three perspectives on decision making: (1) the problem-solving perspective, (2) the decision-making process perspective, and (3) the decision-making system perspective.

Techniques for modeling and managing risk are included throughout the text where appropriate within this framework.