Demonstrate an understanding of what makes good decision outcomes.

Description of Assessment Task and Purpose:
Individual assignment; 2200 words
You are required to submit a Literature review of about 2,000 words The aim is to give students the opportunity to demonstrate their awareness of applications of decision analysis from a critical
syntheses of the literature. (+/-10%).

The purpose of this assignment is to assess your knowledge of the subject area, an ability to find and evaluate empirical literature and present it critically following sound principles of academic writing.
Learning Outcomes Assessed: LO1 – LO3

LO1 Demonstrate an understanding of what makes good decision outcomes
LO2 Critically appreciate the challenges involved in making decisions
characterised by uncertainty and/or the presence of multiple objectives
LO3 Systematically structure and analyse decision problems

Knowledge & Skills Assessed:

The assignment requires students to use all the knowledge and skills learned from
lectures and seminars (including IT seminars), and also requires independent
research in accordance with the Student as Producer agenda. This includes:
• Subject Specific Knowledge, Skills and Understanding: e.g. Literature
searching, Referencing, Numeracy
• Professional Graduate Skills: e.g. independence and personal responsibility,
written communication, creativity, critical thinking, IT skills, problem solving and
effective time management.

Marking Criteria for Assessment:

This assignment is based on your critical review of the literature of
decision analysis tools. The assignment should be well
presented, structured and referenced, acknowledging all sources used and using
the Harvard Referencing System. Key marking criteria include:
• Critical evaluation of literature
• Ability to apply appropriate decision analysis techniques arriving at logical
conclusions
• Structure, presentation, logical flow of argument and academic writing
• Use of references and evidence of wider reading

Demonstrate an understanding of what makes good decision outcomes.
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