Course Title: Evaluating and Managing Project Risk

Part A: Course Overview

Course Title: Evaluating and Managing Project Risk

Credit Points: 12

Course Code




Learning Mode

Teaching Period(s)


City Campus


325H Property, Construction & Project Management


Sem 1 2006,
Sem 2 2006,
Sem 1 2007,
Sem 2 2007,
Sem 1 2008,
Sem 2 2008,
Sem 1 2009,
Sem 2 2009,
Sem 1 2010,
Sem 2 2010,
Sem 1 2011,
Sem 2 2011,
Sem 1 2012,
Sem 2 2012,
Sem 1 2013,
Sem 2 2013,
Sem 1 2014,
Sem 2 2014,
Sem 1 2015,
Sem 2 2015,
Sem 1 2016,
Sem 2 2016,
Sem 1 2017


RMIT University Vietnam


325H Property, Construction & Project Management


Viet1 2013

Course Coordinator: Dr. Maged Georgy

Course Coordinator Phone: +61 3 9925 3905

Course Coordinator Email:

Pre-requisite Courses and Assumed Knowledge and Capabilities

From 1 January 2016

Enforced Prerequisite: 003012 Project Management Techniques

Prior to 2016

You should have satisfactorily completed the prerequisite course BUSM1273 Project Management Techniques before you commence this course.

Course Description

In this course you will explore the concepts of risk in a project context and develop your critical understanding of the principles and processes of systematic risk management. This course will develop your ability to apply the principles and processes of risk management in a project environment; and build your knowledge of techniques used in the economic and financial evaluation of risk and uncertainty in projects.

Objectives/Learning Outcomes/Capability Development

This course will develop the following program capabilities

  • Knowledge
  • Critical Analysis
  • Creativity
  • Communication

If you are enrolled in the MC210 Master of Project Management program you wil develop the following program learning outcomes:


  • Determine and apply knowledge of complex project management theory, principles and best practice to applied projects to contribute to the profession and discipline of project management
  • Professionally communicate and justify project scope, design, implementation, strategy and /or outcomes, engaging effectively with diverse stakeholders across a range of industry sectors
  • Apply the specialist knowledge and technical skills required to creatively address the diverse needs of project stakeholders, formulating innovative solutions and demonstrating independent and sound decision making related to your professional practice and the discipline

Upon successful completion of this course you will develop the following learning outcomes:

  • Analyse the fundamental principles of risk management as applied in a project context
  • Select and apply techniques and tools of risk to identify and analyse risk
  • Analyse and apply risk management processes to develop a industry risk management plan

Overview of Learning Activities

Your learning in this course will take place through face to face lectures and workshops. Learning activities in this course will include: class discussions, group work, industry based case studies and risk management software workshops.

Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. Learning resources will include lecture notes,  journal articles and case study material.

Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program capabilities. Assessment may include: a written project risk management report and individual assignments.
If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or the Disability Liaison Unit if you would like to find out more.

A student charter ( summarises your responsibilities as an RMIT student as well as those of your Lecturers.


Your course assessment conforms to RMIT assessment principles, regulations, policies and procedures which are described and detailed at