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2023/2024 BA-BPROO1021U Decision-making, Risk and Uncertainty
| English Title | |
| Decision-making, Risk and Uncertainty |
Course information |
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| Language | English |
| Course ECTS | 7.5 ECTS |
| Type | Mandatory |
| Level | Bachelor |
| Duration | One Semester |
| Start time of the course | Spring |
| Timetable | Course schedule will be posted at calendar.cbs.dk |
| Study board |
Study Board for Bachelor of Science (BSc) in Business
Administration and Project Management
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| Course coordinator | |
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| Main academic disciplines | |
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| Teaching methods | |
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| Last updated on 30-11-2023 | |
Relevant links |
| Learning objectives | ||||||
[Note that the learning objectives entail both
the decision, risk and uncertainty (BRU) and research methodology
classes, because both courses will be examined together.]
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| Course prerequisites | ||||||
| The exam in this subject is together with the
subject 'Metode, projektstyringsværktøjer’ and ‘tværfagligt 1.
årsprojektools’, so that enrolment in the subject requires that you
have also enrolled in the subject 'Method’, ‘project management
tools’ and ‘interdisciplinary 1st year project'.
In addition, the course involves a short compulsory assignment (see below). |
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| Prerequisites for registering for the exam (activities during the teaching period) | ||||||
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Number of compulsory
activities which must be approved (see section 13 of the Programme
Regulations): 1
Compulsory home
assignments
The course involves a short compulsory assignment in English prepared in groups (same group as in the first-year project groups) during the course and to be handed in by a set deadline. The assignment will be graded approved/not approved. The purpose of the assignments is to support students in consolidating their knowledge of the course curriculum by integrating and applying concepts and theories to real-life project decisions. The activity follows a pre-structured format and will be published in an internal Wikipage/Website, potentially open to HAPRO students of next years. If the compulsory assignment is not approved, the student has the possibility to submit an individual assignment with a similar scope, before the delivery of their first-year projects. However, it is a precondition that the student has made a legitimate attempt when the assignment was set for the first time unless it can be documented that the lack of submission/participation was caused by illness or similar circumstances. |
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| Examination | ||||||
| The course shares exams with | ||||||
| BA-BPROO2000U | ||||||
| Course content, structure and pedagogical approach | ||||||
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This course focuses on the decisions that must be made when designing and implementing projects. We will also explore the actual conditions under which these decisions are made. There is particular interest in the uncertain, complex and ambiguous conditions that make it difficult to make rational decisions. The students will be presented with a number of theories for how such decisions are taken. These theories will be applied to the analysis of concrete project practices.
The purpose is to give the student an understanding of decision-making, not as a right but as a task, and sometimes even a burden, and discuss its challenges, and strategies that can be used to address them.
The form of teaching is dialogue lectures. Emphasis is placed on the student's preparation, in the form of both independent reading of recommended scientific literature, listening to videos related to the readings and preparation of group presentations. |
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| Description of the teaching methods | ||||||
| Dialogue lectures, blended learning (short videos
on the articles and theoretical perspectives that will be used to
introduce students to different texts and guide their reading),
group discussions, student presentations, case studies.
The teaching language is English. |
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| Feedback during the teaching period | ||||||
| Feedback is given primarily in connection with guidance on the 1st year project, where the subject is included and tested. | ||||||
| Student workload | ||||||
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| Expected literature | ||||||
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The curriculum will be dominated by scientific articles that cover both theories of limited rationality, cognitive processes and irrational and intuitive choices.
Reading can be found in:
Complete reading list is available in Canvas.
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