Course Title: Risk and Project Management

Part A: Course Overview

Course Title: Risk and Project Management

Credit Points: 12.00


Course Coordinator: N/A

Course Coordinator Phone: +61 3 9925

Course Coordinator Email: @rmit.edu.au


Pre-requisite Courses and Assumed Knowledge and Capabilities

Assumed Knowledge
Knowledge of basic MS software such as Word and Excel is assumed.


Course Description

Competing in today’s global market is influenced by change, innovation and rapid time to market means organisations manage more and more complex projects and are exposed to higher risks. In this course you will study fundamental concepts of modern project management: project initiation and proposals, scope and tasks definition, budgeting and timeline development, as well as risk analyses and management. You will learn how to define the purpose, scope and overall strategy for projects and then to develop work breakdown structure, work packages, estimated time and budget. You will also learn to understand the tendering process and key sections of tendering proposal. You will gain an understanding of stakeholder and project risk management, and project performance monitoring. You will also acquire knowledge of agile project management concepts and its application in modern industry and business environments.


Objectives/Learning Outcomes/Capability Development

This course is an option course so it is not required to contribute to the development of Program Learning Outcomes (PLOs) though it may assist your achievement of several PLOs for the following programs:   
BH068P23 Bachelor of Engineering (Advanced Manufacturing & Mechatronics) (Honours)
BH076P23 Bachelor of Engineering (Sustainable Systems Engineering) (Honours)
BH086AMH23 Bachelor of Engineering (Advanced Manufacturing & Mechatronics) (Honours) / Bachelor of Business

For more information on the program learning outcomes for your program, please see the program guide <http://www1.rmit.edu.au/browse;ID=vpuqinw1z7jr;STATUS=A>.


Upon successful completion of this course, you will be able to:

  1. Understand and apply project management concepts in engineering and business environments
  2. Develop a project proposal covering key sections of aim, deliverables, scope of works, budget and timeline.
  3. Apply a robust project risk identification, assessment and treatment process
  4. Understand the tendering process and key sections of tendering proposal
  5. Write a professionally structured project proposal including tendering proposal.
  6. Understand leadership and management skills required for successful risk and project management and project completion.


Overview of Learning Activities

You will be actively engaged in a range of learning activities such as lectorials, tutorials,  project work, class and online discussion, individual and group activities. Delivery may be face to face, online or a mix of both.

You are encouraged to be proactive and self-directed in your learning, asking questions of your lecturer and/or peers and seeking out information as required, especially from the numerous sources available through the RMIT library, and through links and material specific to this course that is available through the myRMIT Studies Course.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through myRMIT Studies Course

Your learning resources will include case studies and real-life industry examples. You will also use software packages for the project work. 

There are services available to support your learning through the University Library. The Library provides guides on academic referencing and subject specialist help as well as a range of study support services. For further information, please visit the Library page on the RMIT University website and the myRMIT student portal.


Overview of Assessment

This course contains no hurdle requirements.

Assessment Tasks:

Assessment Task 1: Risk Assessment Report
Weighting: 35%
This assessment task supports CLO's 1, 2 and 3

Assessment Task 2: Project Proposal
Weighting: 45%
This assessment task supports CLO's 2, 3, 4 and 5

Assessment Task 3: Presentation
Weighting: 20%
This assessment task supports CLO's 1, 2, 3, 4, 5 and 6

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 Equitable Learning Services if you would like to find out more.