Join Stanford Professor Sam Savage as he introduces CEE242R Project Risk Analysis, an online graduate course that will be offered winter quarter 2019.

CEE242R is designed for working professionals looking to balance theory with cutting-edge methods of project risk assessment using everyday desktop tools. The course builds on recent improvements in technology that have enabled:

• Interactive risk simulation in native Excel, with thousands of trials per keystroke.
• The aggregation of simulation results into consolidated risk statements.
• Stochastic Libraries of project uncertainties that may be shared across enterprises or industries.

With real-world examples providing an understanding of uncertainty, risk, and probability, this class has broad applicability for professionals in petroleum exploration, defense, engineering, information technology, energy utilities, construction, pharmaceutical R&D, and gas pipeline operations.

Sam L. Savage, Ph.D., is an adjunct professor in the Civil and Environmental Engineering Department of the School of Engineering at Stanford University. He is the author of “The Flaw of Averages: Why we Underestimate Risk in the Face of Uncertainty,” and serves as executive director of ProbabilityManagement.Org, a nonprofit dedicated to rethinking uncertainty through education, best practices, and standard setting. A lecturer at Stanford since 1991, Professor Savage earned a BA in Mathematics from Boston University, and a Master of Philosophy, Engineering & Applied Science and a Ph.D. in Computational Complexity from Yale University.