Course Title: Risk Management
Part A: Course Overview
Course Title: Risk Management
Credit Points: 12
325H Property, Constr & Proj Mgt
Sem 2 2006,
Sem 2 2007,
Sem 2 2008,
Sem 2 2009,
Sem 2 2010
Course Coordinator: Dr Tayyab Maqsood
Course Coordinator Phone: +61 3 99253916
Course Coordinator Email:email@example.com
Pre-requisite Courses and Assumed Knowledge and Capabilities
Completion of the first two years of the program
This course aims to:
• demonstrate the concepts of risk in the management of projects;
• explore the principles and processes of systematic risk management;
• show how these principles and processes can be applied in a project environment; and.
• demonstrate the principles of economic evaluation of projects, and the ways in which financial risk can be assessed.
Objectives/Learning Outcomes/Capability Development
Capabilities developed in this course will be further developed in semesters 6 – 8 of the program.
Capabilities in this course build on those formerly developed in the following courses:
• Residential Design and Measurement
• Residential Valuation
• Property Economics
Capabilities in this course will be developed concurrently in the following courses.
• Investment Evaluation
Capabilities in this course will be developed subsequently in the following courses.
• Property Development
• Property Administration
• O H & S
• Advanced Project Management
The specific graduate capabilities that will be addressed, further developed and refined in this course are:
Evidenced based practice, specifically
2.3 put actions into a global context
2.5 adapt to changing methods, technology, practice and contexts
2.6 monitor and interpret the impact of changes
4.1 communicate to a range of stakeholders
4.2 ask questions and listen to others
4.3 gather and synthesise information from a range of sources
Strategic thinking, specifically:
5.1 adopt a professional attitude and strategy
5.3 link strategic thinking with operational action
5.4 deal with changing circumstances
Risk management, specifically:
8.1 recognise and appreciate levels of risk based on legal and legislative frameworks
8.2 assess and manage risk in a proactive manner
At the end of the course students will be able to:
• understand the concepts of risk in the management of projects;
• carry out systematic risk management;
• apply the principles of risk managment in a project environment; and
• develop skills in the use of related risk and decision making softwares.
Overview of Learning Activities
Students will gain an appreciation and understanding of ‘risk’ management as per the study program. Students learning experiences will be gained through lectures and workshop exercises.
Overview of Learning Resources
As per attached list
Overview of Assessment
For any designated module in a course you must achieve:
• 50% overall,
• at least 40% in the assessment allocated to assignment work or class tests.
• at least 40% in assessment allocated to examinations. If you fail a module, designated by the course guide, you will be deemed to have failed the whole course and will have to repeat it.