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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 2022 [Standard Offering]
Credit: 10
Study areas:
  • Business, Commerce, and Entrepreneurship
  • Project Management and Innovation
Subject fees:
  • Commencing in 2021: $3,890.00
  • Commencing in 2022: $3,950.00
  • Commencing in 2023: $4,050.00
  • Commencing in 2021: $5,260.00
  • Commencing in 2022: $5,260.00
  • Commencing in 2023: $5,400.00

Learning objectives

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

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:

Subject dates

  • Standard Offering
    Enrolment opens: 20/03/2022
    Semester start: 16/05/2022
    Subject start: 16/05/2022
    Cancellation 1: 30/05/2022
    Cancellation 2: 06/06/2022
    Last enrolment: 29/05/2022
    Withdraw - Financial: 11/06/2022
    Withdraw - Academic: 02/07/2022
    Teaching census: 10/06/2022
Standard Offering
Enrolment opens: 20/03/2022
Semester start: 16/05/2022
Subject start: 16/05/2022
Cancellation 1: 30/05/2022
Cancellation 2: 06/06/2022
Last enrolment: 29/05/2022
Withdraw - Financial: 11/06/2022
Withdraw - Academic: 02/07/2022
Teaching census: 10/06/2022