Course Title: Manage project risk

Part B: Course Detail

Teaching Period: Term2 2017

Course Code: BUSM6372C

Course Title: Manage project risk

School: 174T School of VE Engineering, Health & Science

Campus: City Campus

Program: C5256 - Diploma of Building and Construction (Building)

Course Contact: Program Manager

Course Contact Phone: +61 3 9925 4338

Course Contact Email: vocengineering@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Program Manager
Melissa Tinetti
Ph: +61 3 9925 4338
Email: melissa.tinetti@rmit.edu.au 

Matthew Donato
Ph: +61 3 9925 4519
Email: matthew.donato@rmit.edu.au 

Appointment by email

Nominal Hours: 40

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

Nil

Course Description

This unit describes the performance outcomes, skills and knowledge required to manage risk within a project to avoid adverse effects on project outcomes. It covers determining, monitoring and controlling project risks, and assessing risk management outcomes. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBPMG508A Manage project risk

Element:

1. Determine project risks

Performance Criteria:

1.1. Identify, document and analyse risks , in consultation with stakeholders and higher project authority, as the basis for risk planning
1.2. Use established risk management techniques and tools , within delegated authority , to analyse risks, assess options and recommend preferred risk approaches
1.3. Develop risk management plans, secure agreement of stakeholders and communicate plans to ensure clarity of understanding and ongoing management of risk factors
1.4. Establish designated risk management processes and procedures to enable effective management and communication of risk events, responses and results

Element:

2. Monitor and control project risks

Performance Criteria:


2.1. Manage project in accordance with established project and risk management plans to ensure a common approach to the achievement of objectives
2.2. Monitor progress against project plans to identify variances and recommend responses to a higher project authority for remedial action
2.3. Implement agreed risk responses and modify plans to reflect changing project objectives in an environment of uncertainty

Element:

3. Assess risk management outcomes

Performance Criteria:

3.1. Review project outcomes to determine effectiveness of risk management processes and procedures
3.2. Identify and document risk issues and recommended improvements, and pass on to higher project authority for application in future projects

Learning Outcomes


Refer to elements.
 


Details of Learning Activities

Students will learn through a number of planned activties (face to face classes, simulated workplace learning, online learning via blackboard and other forms of structured teaching and learning). Students will be observed and assessed through their planned activties throughout the duration of the course.


Teaching Schedule

Lesson 1 Introduction/ Overview of Competency/ Establishing Context (Internal - External)


Lesson 2 Risk Identification Strategies / Categories


Lesson 3  Risk Analysis and Risk Assessment (Likelihood & Consequences)


Lesson 4 Risk Implementation (Risk Register/ Risk Control / Risk Monitoring & Treatment)


Lesson 5 Implementing improvements and managing change


Lesson 6 Risk Plan Review


Lesson 7 Implementation of changes in the work place


Lesson 8 Presentations of Risk Management Plan

 


Learning Resources

Prescribed Texts


References


Other Resources

AS/NZS ISO 13001: 2009 Risk Management - Principles and guidelines


Overview of Assessment

Assessment will incorporate a variety of methods including written,oral, practical tasks and activities. You will be asked to personally demonstrate to your teacher/assessor the practical skills gained during this course to the relevant industry standards. Assessment activities will occur throughout this course and feedback will be provided at regular intervals.

Assessment Tasks

Students must pass each of the following assessment tasks to demonstrate competent.

Assessment

Weight

Assessment 1

In Class Assessment (Portfolio)

30%

Assessment 2

Assessment 1 Part A - Create a Risk Management Plan

40%

Assessment 3

Assessment 1 Part B - Review of Risk Management Plan

20%

Assessment 4

Assessment 2 – Oral Presentation of Plan

10%

These tasks assesses the following Course Learning Outcomes (CLOs):

Assessment Mapping Matrix

Element / Performance Criteria Covered

Assessment 1

Assessment 2

Assessment 3

Assessment 4

1.1

 X

 X

 

 

1.2

 X

 X

 

 

1.3

 X

 X

 

 

1.4

 X

 X

 

 

2.1

 X

 X

 X

 X

2.2

 X

 X

 X

 X

2.3

 X

 X

 X

 X

3.1

 X

 

 

 X

3.2

 X

 

 

 X

To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.


Assessment Tasks

Assessment Tasks
To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.

Reasonable Adjustment
Students with a disability or long-term medical or mental health condition can apply for adjustments to their study and assessment conditions (Reasonable Adjustments and Equitable Assessment Arrangements) by registering with the Disability Liaison Unit (DLU) at http://www1.rmit.edu.au/browse;ID=01daxmpd1vo4z

In Class Assessment (Portfolio) – 30% Handed out in each class from Lesson 1 to 6.
Due at the end of each class and will contribute to your portfolio. Will include direct observation and questioning
Due - Lesson 1 to 6

Assessment 1 Part A – 40% Create a Risk Management Plan Handout – Lesson 1
- Risk Identification/ Categories, Risk Analysis / Evaluation, Risk Control / Monitoring, Risk Treatment, Risk Review
Due - Lesson 7

Assessment 1 Part B – 20% Review of Risk Management Plan Handout - Lesson 1
- Implementation of Risk Management Plan Improvements - Review.
Due - Lesson 7

Assessment 2 – 10% Oral Presentation of Plan - Oral presentation of Risk Management Plan.
Due - Lesson 8


Assessment Matrix

  

Assessment Mapping Matrix

Element / Performance Criteria Covered

1.1

1.2

1.3

1.4

2.1

2.2

2.3

3.1

3.2

IN Class Tasks (Portfolio)

X

X

X

X

X

X

X

X

X

Assessment 1 Part A

X

X

X

X

X

X

X

 

 

Assessment 1 Part B

 

 

 

 

X

X

X

 

 

Presentation

 

 

 

 

X

X

X

X

X

 

Graded Assessment

You will need to obtain Satisfactory (S) in all assessment tasks before grading can occur.
Marks from assessments will count towards a final grade only if the individual assessment result is satisfactory (S)

Grade Table
NYC Not Yet Competent / NYS in any of the above assessments
GAG Competent – Pass
CC Competent – Credit
CDI Competent – Distinction
CHD Competent – High Distinction


Other Information
Competency requirements and Grading:
To be deemed competent students must demonstrate an understanding of all elements of a competency. Assessment methods have been designed to measure achievement of each competency in a flexible manner over multiple tasks.
Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Observation of students performing work is used to confirm competency.
Grading available are:
Grade level Competency Level
CHD Competent with High Distinction -The learner will confidently apply novel but relevant solutions to unfamiliar and complex tasks.
CDI Competent with Distinction -The learner will confidently evaluate alternative solutions to an unfamiliar task or problem and use the most appropriate solution.
CC Competent with Credit -The learner will elegantly apply appropriate facts, rules and standard solutions to achieve an unfamiliar task or problem with confidence.
CAG Competency Achieved - Graded -The learner will be able to apply facts, rules and standard solutions to achieve a predictable task or solve a problem.
NYC Not Yet Competent
-Although the learner exhibits access to a limited range of facts and rules, the learner has difficulty applying these facts and rules to a familiar task.

Other Information

Credit Transfer and/or Recognition of Prior Learning (RPL):
You may be eligible for credit towards courses in your program if you have already met the learning/competency outcomes through previous learning and/or industry experience. To be eligible for credit towards a course, you must demonstrate that you have already completed learning and/or gained industry experience that is:

  • Relevant
    • Current
    • Satisfies the learning/competency outcomes of the course

Please refer to http://www.rmit.edu.au/students/enrolment/credit to find more information about credit transfer and RPL.
 

Study and learning Support: 

Study and Learning Centre (SLC) provides free learning and academic development advice to you. 
Services offered by SLC to support your numeracy and literacy skills are: 

assignment writing, thesis writing and study skills advice 
maths and science developmental support and advice 
English language development 

Please Refer http://www.rmit.edu.au/studyandlearningcentre to find more information about Study and learning Support 

Equitable Learning Services (ELS):

If you are suffering from long-term medical condition or disability, you should contact Equitable Learning Services (ELS) to seek advice and support to complete your studies.
Please refer to https://www.rmit.edu.au/students/support-and-facilities/student-support/equitable-learning-services to find more information about services offered by Equitable Learning Services (ELS).

Late submission: 

If you require an Extension of Submittable Work (assignments, reports or project work etc.) for 7 calendar days or less (from the original due date) and have valid reasons, you must complete and lodge an Application for Extension of Submittable Work (7 Calendar Days or less) form and lodge it with the Senior Educator/ Program Manager. 
The application must be lodged no later than one working day before the official due date. You will be notified within no more than 2 working days of the date of lodgment as to whether the extension has been granted. 
If you seek an Extension of Submittable Work for more than 7 calendar days (from the original due date) must lodge an Application for Special Consideration form under the provisions of the Special Consideration Policy, preferably prior to, but no later than 2 working days after the official due date. 

Submittable Work (assignments, reports or project work etc.) submitted late without approval of an extension will not be accepted or marked. 


Special consideration: 

Please Refer http://www.rmit.edu.au/students/specialconsideration to find more information about special consideration 

Plagiarism: 

Plagiarism is a form of cheating and it is very serious academic offence that may lead to expulsion from the University. 

Please Refer: www.rmit.edu.au/academicintegrity to find more information about plagiarism. 

Other Information: 

All email communications will be sent to your RMIT email address and you must regularly check your RMIT emails.

Course Overview: Access Course Overview