Decision Making under Deep Uncertainty – Long Lasting Investments in a Changing World

Organisation :
Decision Making under Deep Uncertainty – Long Lasting Investments in a Changing World

The is course provides an introduction of the Decision Making under Deep Uncertainty (DMDU) methodology and how it helps to develop sustainable and resilient infrastructure. 

 

Course content

Infrastructure serves a community for a long time. The decisions on infrastructure investments that are made now will have impacts over the decades and sometimes centuries to come. However, future conditions that may affect the infrastructure investment are deeply uncertain, and failure to manage these uncertainties could result in serious consequences. This new e-course describes an innovative methodology to deal with these uncertainties: Decision Making under Deep Uncertainty (DMDU), and how to use it to make robust decisions for long term investments in a changing world. By the end of this course, you will be able to:

  • Understand the concept of DMDU, its difference from traditional decision making methodologies, and how it helps make robust decisions under uncertainty;
  • Appreciate the value added by the DMDU methodology for infrastructure design.

 

Elligibility and applications

This course is geared towards project developers, professionals and engineers who work on infrastructure development.

To enroll in this course, you will need to register for the World Bank Open Learning Campus

 

Publisher(s) :
World Bank Group