Strategic decision-making in a projectised organisation is typically driven by an analysis of stakeholder objectives, open communication and risk appetite. This subject explores how risks are managed from the initiation phase of a project or program until its closure phase. Topics covered include types of risks, qualitative assessment, quantitative assessment, risk treatment strategies, Monte Carlo simulation, and disaster recovery. Successful outcomes can occur when an expected outcome is realised.
|Faculty||Faculty of Society & Design|
1. Practice knowledge needed for effective project risk management on an authentic case study
2. Produce a risk register and use it to develop a means for managing performance
3. Demonstrate an ability to prepare a risk simulation as a basis for strategic decision-making
4. Apply new knowledge and skills required for solving problems related to project risk management
Future offerings not yet planned.