The aim of the course project is to provide an opportunity to apply the course materials to a practical problem or area that is of interest and importance to the students. The project can be any topic that is related to management of technology. It is encouraged that students discuss their selection with the professor. The project must include some of the following themes:
- You may use hypothetical numbers to model the problems if you cannot find real data. Be sure to use some of the modeling methodologies in your report. Course projects MUST include at least two substantial math models. Below are the key modeling topics covered in our class:
- Technology Funnel
- System Reliability
- Sales Forecasting (exponential smoothing, linear regression, and moving averages) with Mean Square Error calculations
- Technology Forecasting with S-Curves
- Learning Curves
- Financial and Subscription Models
- Decision Trees
- Sensitivity Analysis
- Bayes Theorem
- It is critical to include the topics covered in class to your project. You must use the material you learned in the course to apply to the company/industry you selected for your project. The emphasis of this project is to apply the course content to a company/corporation.
The course project consists of two critical components
- Final Project Powerpoint Presentation Slides
- Final project written report: each student is required to submit a project report. The report should be no more than 4 pages per person (1 inch margins, 12 point font, double spaced), followed by supporting materials in an appendix
Grading criteria for the course project includes: i) correctness and relevance of mathematical models ii) breadth and depth of research (the quantity and quality of the material you find and report on your topic), iii) quality and depth of analysis, iv) relevance to the course material, and v) quality of writing and presentation slides
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