Course Title: Manage project risk
Part B: Course Detail
Teaching Period: Term1 2012
Course Code: BUSM6372C
Course Title: Manage project risk
School: 130T Vocational Engineering
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
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 |
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 |
Element: |
3. Assess risk management outcomes |
Performance Criteria: |
3.1 Review project outcomes to determine effectiveness of risk management processes and procedures |
Learning Outcomes
Refer to elements.
Details of Learning Activities
Students will learn through a number of planned activities (face to face classes, workplace/site visits, simulated workplace learning, online learning via blackboard and other forms of structured teaching and learning). Students will be observed and assessed through their planned activities throughout the duration of the course.
Teaching Schedule
| Semester | Topic Content Delivery |
| 1 and 2 |
Introduction to Risk Management Risk Management Plan Clients needs Benefits of risk management Disputes Contract disputes Risk decision making Techniques to manage risk Human Factors in risk - Psychology of risk Contractor’s risk Assess risk management outcomes
|
Learning Resources
Prescribed Texts
References
AS/NZS 4360:2004 RISK MANAGEMENT. |
|
HB 436:2004 RISK MANAGEMENT |
Other Resources
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
This course is conducted in a cluster with Manage Construction Works, Manage Project Quality and OH and S Risk Management. A person studying in this course should refer to the Course Guide for Manage Construction Works for assessment task information.
Assessments used in this cluster of courses are designed for the student to demonstrate competence in the elements of this course.
Under special circumstances extension to assessment may be granted. Students are to follow RMIT Special Consideration Policy found in RMIT Policies and procedures link http://www.rmit.edu.au/browse;ID=3g3whh1vttr0z;STATUS=A;SECTION=19;PAGE_AUTHOR=Chancellery
Assessment Matrix
Other Information
Clustered Courses:
Manage Project Risk, Manage Construction Works, Manage Project Quality and OH and S Risk Management are conducted as clustered courses. Refer to Assessment Tasks above for additional 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.
All assessments for this course must be completed to achieve CP (Competent with Pass) to pass this course. In any assessment 50% equates to being Competent with Pass.
Higher gradings are available. The final grade for the course is calculated taking into account the weighting given to the separate assessments.
Gradings available are:
CP - 50 to 59 - Competent with Pass, CC - 60 to 69 - Competent with Credit, CDI - 70 to 79 - Competent with distinction, CHD - 80 to 100 - Competent with High Distinction. NYC - 0 to 49 - Not Yet Competent
Course Overview: Access Course Overview