Course Title: Manage project risk
Part B: Course Detail
Teaching Period: Term2 2025
Course Code: BUSM6533C
Course Title: Manage project risk
School: 530T Built Environment and Sustainability
Campus: City Campus
Program: C6175 - Advanced Diploma of Surveying
Course Contact: Matthew Sweeney
Course Contact Phone: +61 3 9925 4105
Course Contact Email: matthew.sweeney@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Greg Patterson
Surveying & Spatial Educator
Building, Surveying & Land Management
Built Environment & Sustainability
RMIT University
MELBOURNE 3001
Victoria, Australia
Email: gregory.patterson@rmit.edu.au
Work: +61 3 9925 9218
Mobile: 0400231518
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
None
Course Description
In this course you will develop the skills and knowledge required to manage risks that may impact achievement of project objectives. This involves identifying, analysing, treating and monitoring project risks, and assessing risk management outcomes.
The course applies to individuals responsible for managing and leading a project in an organisation, business, or as a consultant.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBPMG536 Manage project risk |
Element: |
1. Identify project risks |
Performance Criteria: |
1.1 Identify risk objectives and standards, with input from stakeholders 1.2 Identify project risk context to inform risk management processes 1.3 Identify project risks using valid and reliable risk identification methods |
Element: |
2. Analyse project risks |
Performance Criteria: |
2.1 Identify risk analysis classification criteria and apply to agreed risk ranking system 2.2 Use risk analysis processes, within delegated authority, to analyse and qualify any risks, threats and opportunities 2.3 Identify risk priorities in agreement with project client and other stakeholders 2.4 Document risk analysis outcomes for inclusion in risk register and risk management plan |
Element: |
3. Establish risk treatments and controls |
Performance Criteria: |
3.1 Identify and document existing risk controls 3.2 Analyse risk treatment options using agreed consultative methods 3.3 Record and implement agreed risk treatments 3.4 Update risk plans and allocate risk responsibilities to project team members |
Element: |
4. Monitor and control project risks |
Performance Criteria: |
4.1 Establish risk review processes 4.2 Monitor risk environment and identify changed circumstances impacting project risks 4.3 Evaluate risk responses to changed environment 4.4 Implement agreed risk responses and modify plans |
Element: |
5. Assess risk management outcomes |
Performance Criteria: |
5.1 Review project outcomes for effectiveness of risk-management processes and procedures 5.2 Develop recommended improvements for application in future projects 5.3 Identify and document risk management issues and recommended improvements for application to future projects |
Learning Outcomes
On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.
Details of Learning Activities
Learning Activities:
- Identify project risks
- Analyse project risks
- Establish risk treatments
- Monitor and control project risks
- Assess risk management outcomes
The total number of scheduled hours of teaching, learning and assessment involved in this course includes all planned activities (face to face classes, lectures, workshops and seminars; workplace visits, online learning and other forms of structured teaching and learning). It also covers the amount of effort necessary to undertake, evaluate and complete all assessment requirements, observation of work performance, discussions with supervisors and others providing third party evidence and one on one and group assessment sessions with students.
Teaching Schedule
Session/Date |
Theme |
Assessments |
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Session One 14-20 July |
Lesson Title: Introduction to the subject Description: During this session, the student will be provided with an overview of the assessment. The teacher will guide the students through the assessment documentation, explaining the requirements and expectations. In addition to the assessment materials, students will also be introduced to various supplementary training resources. These resources may include platforms like LinkedIn Training, where they can access additional training modules and materials to enhance their knowledge and skills beyond the scope of the assessment. |
Assessment 1 Released |
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Session Two 21-27 July |
Lesson Title: Introduction to project risk management Description: In this session, students will receive an introduction to the essential aspects of project risk management, which include identifying project risks, establishing and monitoring risk treatments and controls, and assessing risk management outcomes. In addition, students will be required to answer a series of questions that demonstrate their understanding of risk management. By actively engaging with these concepts, students will cultivate a comprehensive understanding of risk management principles and practices. This understanding will empower them to confidently apply their knowledge in real-world situations and make informed decisions when conducting risk assessments. Successfully completing these tasks will allow students to showcase their proficiency in project risk management. |
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Session Three 28 July - 3 August |
Lesson Title: Establish and identify risks Description: In this session, students will be introduced to the process of establishing and identifying risks in risk management. The students will learn how to define the scope for the risk management process and establish the criteria against which risks will be assessed. They will also learn how to identify potential opportunities and threats that may impact various aspects of a project or its deliverables. By successfully completing this session, students will gain a foundational understanding of establishing and identifying risks in risk management. |
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Session Four 4-10 August |
Lesson Title: Analysing, evaluating and treating risks Description: In this session, students will be introduced to the comprehensive process of analyzing, evaluating, and treating risks in risk management. They will gain knowledge about various methods used to assess the likelihood and consequences of risks, as well as the impact of risk events on project outcomes and objectives. Additionally, students will explore effective methods and strategies to modify and mitigate risks. By successfully completing this session, students will develop a solid understanding of the entire risk management process, including risk analysis, evaluation, and treatment. They will be equipped with the necessary skills to make informed decisions and manage risks effectively in real-world scenarios. |
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Session Five 11-17 August |
Lesson Title: Monitoring, controlling and Reviewing risk Description: In this session, students will be introduced to the process of monitoring and controlling risks, as well as reviewing the outcomes in risk management. They will learn about the methods used to monitor risks, including the implementation of agreed-upon risk response plans, tracking identified risks, identifying and analyzing new risks, and evaluating the effectiveness of the risk management process throughout the project. By successfully completing this assessment, students will demonstrate their ability to effectively monitor and control risks in a project. They will showcase their skills in identifying, analyzing, and responding to risks, as well as evaluating the overall effectiveness of risk management efforts. |
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Session Six 18-24 August |
Lesson Title: Introduction to project risk management – Assessment 1 Description: In this session, the student will be assigned an assessment task that involves actively participating in a meeting with a client. The primary objective of the meeting is to engage in extensive discussions aimed at identifying the objectives, standards, project risk context and identifying project risks using valid and reliable identification methods to inform risk management processes. The student will also be responsible for developing approaches to risk management that will help achieve the desired outcomes and answer a series of questions. Additionally, the student is expected to consider their own role in contributing to the broader goals of the work environment, taking into account how their actions and decisions can support the overall organizational objectives. During this task, the student's planning and organizing skills, oral communication, and teamwork abilities will be assessed to evaluate their proficiency in these areas. The main objective of these discussions and the subsequent documentation is to foster a comprehensive understanding of risk management principles and practices. By actively participating in the meeting and fulfilling the assessment requirements, the student will demonstrate their ability to apply effective risk management strategies and contribute to the achievement of organizational goals. |
Assessment 1 Identify Project Risk Section B – Marking Guide (Part A) 1.1, 1.2 |
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Session Seven 25-31 August |
Lesson Title: Analyse project risks with other stakeholders Description: In this session, the student will be assigned an assessment task that involves identifying risk analysis classification criteria and applying a ranking system to assess risks. The student will use risk analysis processes to analyze and qualify various risks, threats, and opportunities. Furthermore, they will identify risk priorities and document the outcomes of their analysis to be included in the risk management plan. During this task, the student will also be required to analyze the gathered information and make decisions involving others when necessary. By successfully completing this assessment, the student will demonstrate their ability to effectively identify, analyze, and prioritize risks using established criteria. They will also showcase their skills in decision-making and collaborating with others in a risk management context. |
Assessment 1 Identify Project Risk Section B – Marking Guide (Part A) 1.2 |
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Mid-semester break 1-7 September |
The Mid-semester break is a scheduled break in the semester. No teaching or assessment will occur during this time. Also, your Trainer/Assessor won't be available during this time. If you need to contact them, please email them via your student email account, and they will respond once they return from the break. Census date for Semester 1: 31 March |
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Session Eight 8-14 September |
Lesson Title: Establish and monitor risk treatments and controls Description: In this session, the student will be assigned an assessment task that involves identifying and documenting existing risk controls, analyzing risk treatment options using agreed methods, recording and implementing risk treatments, and updating risk plans and responsibilities for team members. By successfully completing this assessment, the student will demonstrate their proficiency in effectively managing and implementing risk controls. |
Assessment 1 Establish and monitor risk treatments and controls Section B – Marking Guide (Part A) 2.1, 2.2, 2.3 (Part B) 1.1, 1.2 |
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Session Nine 15-21 September |
Lesson Title: Assess risk management outcomes Description: In this session, the student will be assigned an assessment task that involves preparing a risk assessment report based on the Client Specifications and Requirements. After completing the survey project, the student will review the effectiveness of the risk management process by answering a series of questions. Additionally, the student will be required to complete the knowledge questions. By successfully completing this assessment, the student will demonstrate their ability to analyze and evaluate risks, effectively communicate the findings in a risk assessment report, and showcase their understanding of risk management principles and practices. |
Assessment 1 Assess risk management outcomes Section B – Marking Guide (Part B) 2.1 Knowledge Questions 1, 2
Assessment 1 Due: 21 Sep 2025 |
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Session Ten 22-28 September |
Description: In this session, you will be assigned an assessment task that involves reviewing the risk assessment report to ensure it aligns with client and assessment requirements. You will then need to upload the revised report onto the Canvas platform. To complete the assessment, you are required to review, update, and submit the following documents in PDF format via Canvas:
By successfully reviewing and submitting these documents, you will demonstrate your ability to accurately assess and address risks, effectively document their findings, and meet the required assessment criteria. This assessment will showcase your proficiency in risk assessment and their ability to follow guidelines and requirements in a professional setting. |
Assessment 2 Released |
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Session Eleven 29 September - 5 October |
Lesson Title: Introduction to the subject – Assessment 2 Description: During this session, the student will be provided with an overview of the assessment. The teacher will guide the students through the assessment documentation, explaining the requirements and expectations. In addition to the assessment materials, students will also be introduced to various supplementary training resources. These resources may include platforms like LinkedIn Training, where they can access additional training modules and materials to enhance their knowledge and skills beyond the scope of the assessment. |
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Session Twelve 6-12 October |
Lesson Title: Introduction to project risk management Description: In this session, the student will be assigned an assessment task that involves actively participating in a meeting with a client. The primary objective of the meeting is to engage in extensive discussions aimed at identifying the objectives, standards, project risk context and identifying project risks using valid and reliable identification methods to inform risk management processes. The student will also be responsible for developing approaches to risk management that will help achieve the desired outcomes. Furthermore, the student will answer a series of questions based on the Worksafe Victoria – Controlling OHS Hazards and Risk Handbook. Additionally, the student is expected to consider their own role in contributing to the broader goals of the work environment, taking into account how their actions and decisions can support the overall organizational objectives. During this task, the student's planning and organizing skills, oral communication, and teamwork abilities will be assessed to evaluate their proficiency in these areas. The main objective of these discussions and the subsequent documentation is to foster a comprehensive understanding of risk management principles and practices. By actively participating in the meeting and fulfilling the assessment requirements, the student will demonstrate their ability to apply effective risk management strategies and contribute to the achievement of organizational goals. |
Assessment 2 Identify Project Risk Section B – Marking Guide (Part A) 1.1 |
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Session Thirteen 13-19 October |
Lesson Title: Analyse project risks with other stakeholders Description: In this session, the student will be assigned an assessment task that involves identifying risk analysis classification criteria and applying a ranking system to assess risks. The student will use risk analysis processes to analyze and qualify various risks, threats, and opportunities. Furthermore, they will identify risk priorities and document the outcomes of their analysis to be included in the risk management plan. During this task, the student will also be required to analyze the gathered information and make decisions involving others when necessary. By successfully completing this assessment, the student will demonstrate their ability to effectively identify, analyze, and prioritize risks using established criteria. They will also showcase their skills in decision-making and collaborating with others in a risk management context. |
Assessment 2 Identify Project Risk Section B – Marking Guide (Part A) 1.1 |
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Session Fourteen 20-26 October |
Lesson Title: Establish and monitor risk treatments and controls Description: In this session, the student will be assigned an assessment task that involves identifying and documenting existing risk controls, analyzing risk treatment options using agreed methods, recording and implementing risk treatments, and updating risk plans and responsibilities for team members. By successfully completing this assessment, the student will demonstrate their proficiency in effectively managing and implementing risk controls. |
Assessment 2 Establish and monitor risk treatments and controls Section B – Marking Guide (Part B) 1.2 |
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Session Fifteen 27 October- 2 November |
Lesson Title: Assess risk management outcomes Description: In this session, the student will be assigned an assessment task that involves preparing a risk assessment report according to the Client Specifications and Requirements. The objective is to evaluate the effectiveness of the risk management process after completing the survey project. This will be done by answering a series of questions that assess the student's understanding of the topic. To complete the assessment, students are required to submit the following documents in CANVAS:
By submitting these documents, the student will demonstrate their ability to analyze and assess risks effectively, as well as their understanding of the risk management process. |
Assessment 2 Assess risk management outcomes Section B – Marking Guide (Part B) 2.1 Knowledge Questions KQ1, KQ2, KQ3 |
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Session Sixteen 3-9 November |
Lesson Title: Review assessment 2 Description: In this session, the group will collaborate to analyze the risk management project and engage in discussions regarding the outcomes. During the session, the group will collectively examine the risk management project, evaluate the implemented risk management strategies, and assess the effectiveness of the risk mitigation measures employed. Through active participation and open discussions, the group will share insights, perspectives, and observations regarding the project's risk management process. |
Assessment 2 Due: 09 Nov 2025 |
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Session Seventeen 10-16 November |
Revision and feedback on work completed |
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Session Eighteen 17-23 November |
Assessment marking and finalising results | |
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Official Results Release Date 3 July |
Important: It is your responsibility to check your results on this date. Your official results for this course will be released on this date. Your teacher will not inform you of your final result. It will only be available via My Student Record on RMIT's website. It is not your Trainer/Assessors responsibility to let you know your final result. Your teacher will not be available to comment on your assessment or final results from 23 Nov - 07 Dec 2025. After this date, you can contact them to talk about your final result if you need it. |
Learning Resources
Prescribed Texts
References
Other Resources
Students will be able to access course information and learning materials through the Learning Hub and may be provided with additional materials in class. Lists of relevant reference books, resources in the library and accessible Internet sites will be provided where possible. You will also use equipment and software packages in the laboratory for the project work. During the course, you will be directed to websites to enhance your knowledge and understanding of difficult concepts
Check the Library Subject Guides: http://rmit.libguides.com/geospatial
Accessed Via the RMIT Library Link:
Overview of Assessment
Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral presentations and through the application of learned skills and insights to your written tasks. Full assessment briefs will be provided and can be found on CANVAS.
Assessment Tasks
Assessment Name |
Description |
Release Date |
Due Date |
Assessment 1: Urban Site |
In this assessment you will manage the project risk for an urban survey. This involves; identifying project risk; establishing risk treatments and controls; monitoring and controlling project risk; and assessing risk management outcomes. |
14 Jul 2025 |
21 Sep 2025 |
Assessment 2: Greenfield Site |
In this assessment you will manage the project risk for a second urban survey. This will also involve; identifying project risk; establishing risk treatments and controls; monitoring and controlling project risk; and assessing risk management outcomes. |
22 Sep 2025 |
9 Nov 2025 |
Assessment Matrix
Mapping Assessments to the Unit of Competency – Instructions
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Foundation Skills – This section is only completed when foundation are explicitly stated in the unit of competency. In most Training Packages the foundation skills are integrated into the unit of competency and this is clearly stated. | ||
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Foundation skill
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Description
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Describe how each foundation skill is demonstrated through the relevant assessment |
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Reading |
Interprets and critically analyses complex texts from a range of sources and determines how content may be applied according to organisational requirements
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Students will be using material from Worksafe Victoria, organisational procedures guides and legislation to interpret, analyse and prepare for risk management |
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Writing |
Documents risk analysis and risk controls using required formats and structure |
Students will be using a job safety assessment forms to document all risk analysis as well as preparing risk assessment reports at the conclusion of projects. |
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Modifies and updates workplace documentation according to requirements
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Students will be required to keep track of changes that occur during the course of the projects and reflect these changes in the documents they prepare |
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Oral Communication |
Participates in verbal exchanges using clear language to provide and seek information |
Students will partake in simulated meetings with clients, developers licenced surveyors and site foreman to get feedback and advice |
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Uses active listening and questioning techniques to confirm understanding |
Students will partake in simulated meetings with clients, developers licenced surveyors and site foreman to get feedback and advice |
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Numeracy |
Analyses numerical data to identify project risk levels and rank risks according to agreed system of classification |
Students will be using a risk matrix to determine numerical value for given hazards that will enable them to rank and classify risks. |
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Self-Management |
Identifies and adheres to organisational policies and standards |
Students will be using organisations risk management guides to ensure they adequately prepare for risks |
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Considers own role in terms of its contribution to broader goals of work environment |
Students will make assessments regarding what actions they can take to prevent hazards from occurring int the work environment. |
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Teamwork |
Selects and uses appropriate conventions and protocols when communicating with internal and external stakeholders to seek or share information |
Students will partake in simulated meetings with clients, developers licenced surveyors and site foreman to get feedback and advice. In consultation with these people student will be able to select and use appropriate conventions and protocols |
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Identifies requirements of important communication exchanges, selecting appropriate channels, format and content to suit purpose and audience |
Students will partake in simulated meetings with clients, developers licenced surveyors and site foreman to get feedback and advice |
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Planning and organising |
Identifies and develops approaches to risk management and implements complex tasks to achieve outcomes |
Students will be using a job safety assessment forms to document all risk analysis as well as preparing risk assessment reports at the conclusion of projects. |
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Analyses information to make decisions, involving others when appropriate |
Students will be using a job safety assessment forms to document all risk analysis as well as preparing risk assessment reports at the conclusion of projects. |
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Uses formal and informal processes to monitor implementation of decisions and reflect on outcomes |
Students will be using a job safety assessment forms to document all risk analysis as well as preparing risk assessment reports at the conclusion of projects. |
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Performance Evidence | ||
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Evidence of the ability to: |
Assessment Task 1: Urban Site |
Assessment Task 2: Greenfield Site |
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The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to: | ||
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manage project risk on at least two occasions.
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Students will be managing the risk controls on a surveying project on an urban site |
Students will be managing the risk controls on a surveying project on an urban site |
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In the course of the above, the candidate must: | ||
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conduct effective risk management processes for a project of sufficient complexity
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Students will be managing the risk controls on a surveying project on an urban site that involves traffic and heights |
Students will be managing the risk controls on a surveying project on an urban site that includes rough terrain and dangerous wildlife |
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apply risk management techniques, strategies and tools.
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Student will be using a job safety assessment form and risk matrix tool |
Student will be using a job safety assessment form and risk matrix tool |
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Knowledge Evidence | ||
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To complete the unit requirements safely and effectively, the individual must: |
Assessment Task 1: Urban Site |
Assessment Task 2: Greenfield Site |
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The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of: |
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project risks in a range of risk categories |
KQ1 |
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key components of a risk management plan |
KQ2 |
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relevant project risk controls |
Part B (1.1) |
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industry sector risk classifications and different risk contexts |
Part A (1.2) Part B (1.1) |
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organisational and industry standard risk frameworks |
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KQ1 |
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project risk-management processes and procedures |
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KQ2 |
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characteristics, techniques and applications of quantitative and qualitative risk management techniques and approaches. |
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KQ3 |
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Assessment conditions |
Describe how assessments meet the assessment conditions |
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Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry. This includes access to: |
RMIT employment requires all trainers and assessors to comply with the Standards for RTOs in respect to holding the TAE40116, or higher VE qualification including any necessary updated units. All employees must show currency within their vocational specialty along with their professional employment. |
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workplace documentation and resources
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Student will be using a job safety assessment form and risk matrix tool. In addition they will prepare a risk assessment report at the conclusion of each project. |
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feedback from project stakeholders about how risks were managed.
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Students will partake in simulated meetings with clients, developers licenced surveyors and site foreman to get feedback and advice |
Other Information
Attendance Requirement - 85% for all students.
Resubmission Policy:
To pass this course, students must achieve a Satisfactory (S) result for all their Assessments (and parts of those assessments).
Students who do not achieve a Satisfactory (S) result for their entire original submission for an Assessment will be provided with 1 (one) more submission opportunity (e.g. the resubmission) with a specific due date by their assessor. Students must achieve a Satisfactory (S) result on their resubmission for that Assessment, by the due date given to them by their Assessor.
Students who fail to submit their assessment by the due date will be issued a DNS (Did Not Submit) result which will not be overturned by teaching or managing staff. A DNS result will be overturned based on an approved Extension of Time or approved Special Consideration.
To be deemed Competency Achieved, students must achieve a satisfactory result in all assessment tasks. Students who fail to receive a Satisfactory result on all assessment tasks and have exhausted their resubmissions, extension of time applications, special consideration applications or Equitable Learning Plan provisions will be deemed as Not Yet Competent.
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 the following link for more information about Credit Transfer and/or
http://www.rmit.edu.au/students/enrolment/credit
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 to the following link for more information about study and learning support:
http://www.rmit.edu.au/studyandlearningcentre
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 the following link for more information about equitable learning services:
https://www.rmit.edu.au/students/support-and-facilities/student-support/equitable-learning-services
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 lodgement 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 to the following link for more information about special considerations:
http://www.rmit.edu.au/students/specialconsideration
Plagiarism:
Plagiarism is a form of cheating, and it is very serious academic offence that may lead to expulsion from the University.
Please refer to the following link for more information about plagiarism:
www.rmit.edu.au/academicintegrity
All email communications will be sent to your RMIT email address, and you must regularly check your RMIT emails.
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