Skip to main content
grasp.study
About
Explore
Pricing
Log in
Try it for free
Back to course
👋
Welcome to a Grasp lesson
Create a free account
to keep studying and create your own study path.
MIT engineering economics
·
Module 9
Breakeven and Sensitivity Analysis
1
Risk vs. Uncertainty in Engineering Economics
Distinguish between risk and uncertainty in the context of engineering economics.
2
Breakeven Analysis: Project Viability
Perform breakeven analysis to identify the value of a critical project parameter at which a project becomes viable.
3
Understanding Sensitivity Analysis: Identifying Key Project Variables
Describe the purpose of sensitivity analysis in identifying key uncertain project variables.
4
One-Variable Sensitivity Analysis for Present Worth
Perform a one-variable sensitivity analysis on a project's Present Worth.
5
Spider Diagrams: Identifying Critical Variables
Interpret the results of a sensitivity analysis using a spider diagram to identify the most critical variables.
6
Scenario Analysis for Project Evaluation
Apply scenario analysis (e.g., optimistic, pessimistic, most likely) to evaluate projects under different future conditions.
Previous module
Depreciation and After-Tax Analysis
Next module
Probabilistic Analysis and Decision Trees