ISD 523 (IOE 561) Risk Analysis 1

ISD 523 (IOE 561) Course Description

This course provides a graduate-level introduction to the interdisciplinary field and methods of risk analysis. The course covers the foundations of the field – the meaning of risk and uncertainty; risk perception, communication and governance; semi-quantitative risk analysis methods; fault trees and event trees; Bayesian belief networks; extreme value statistics. It also covers more domain-specific analysis methods from human reliability analysis, project risk management; terrorism risk analysis, and environmental health and safety risk assessment. The focus is on providing a strong foundation for both further study and practice in the field of risk analysis.


IOE 265 or permission of instructor AND graduate standing or permission or instructor.

System Requirements

Michigan Engineering IT Recommendation for Personal Computer Requirements.

Course Availability

For more information about when this course will be offered, see our projected course schedule.