SSUD12-117: Project Risk Management

Description

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.

Subject details

Type:	Undergraduate Subject
Code:	SSUD12-117
EFTSL:	0.125
Faculty:	Faculty of Society and Design
Semesters offered:	May 2024 [Standard Offering]
Credit:	10
Study areas:	Business, Commerce, and Entrepreneurship Project Management and Innovation
Subject fees:	Commencing in 2023: $4,050.00 Commencing in 2024: $4,260.00 Commencing in 2025: $4,460.00 Commencing in 2023: $5,400.00 Commencing in 2024: $5,730.00 Commencing in 2025: $5,990.00

Learning outcomes

Practice knowledge needed for effective project risk management on an authentic case study
Produce a risk register and use it to develop a means for managing performance
Demonstrate an ability to prepare a risk simulation as a basis for strategic decision-making
Apply new knowledge and skills required for solving problems related to project risk management

Enrolment requirements

Requisites:	Nil
Assumed knowledge:	Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.
Restrictions:

Requisites:

Nil

Assumed knowledge:

Assumed knowledge is the minimum level of knowledge of a subject area that students are assumed to have acquired through previous study. It is the responsibility of students to ensure they meet the assumed knowledge expectations of the subject. Students who do not possess this prior knowledge are strongly recommended against enrolling and do so at their own risk. No concessions will be made for students’ lack of prior knowledge.

Restrictions:

Subject outlines

Subject dates

May 2024

Standard Offering
Enrolment opens:	17/03/2024
Semester start:	13/05/2024
Subject start:	13/05/2024
Cancellation 1:	27/05/2024
Cancellation 2:	03/06/2024
Last enrolment:	26/05/2024
Withdraw - Financial:	08/06/2024
Withdraw - Academic:	29/06/2024
Teaching census:	07/06/2024

Standard Offering
Enrolment opens:	17/03/2024
Semester start:	13/05/2024
Subject start:	13/05/2024
Cancellation 1:	27/05/2024
Cancellation 2:	03/06/2024
Last enrolment:	26/05/2024
Withdraw - Financial:	08/06/2024
Withdraw - Academic:	29/06/2024
Teaching census:	07/06/2024