Course Title: Evaluating and Managing Project Risk

Part A: Course Overview

Course Title: Evaluating and Managing Project Risk

Credit Points: 12.00

Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUSM1276	City Campus	Postgraduate	325H Property, Construction & Project Management	Face-to-Face	Sem 1 2006, Sem 2 2006, Sem 1 2007, Sem 2 2007, Sem 1 2008, Sem 2 2008, Sem 1 2009, Sem 2 2009, Sem 1 2010, Sem 2 2010, Sem 1 2011, Sem 2 2011, Sem 1 2012, Sem 2 2012, Sem 1 2013, Sem 2 2013, Sem 1 2014, Sem 2 2014, Sem 1 2015, Sem 2 2015, Sem 1 2016, Sem 2 2016, Sem 1 2017, Sem 2 2017, Sem 1 2018, Sem 2 2018, Sem 1 2019, Sem 2 2019, Sem 1 2020, Sem 2 2020, Sem 1 2021, Sem 2 2021, Sem 2 2022, Sem 1 2023, Sem 2 2023, Sem 1 2024
BUSM4315	RMIT University Vietnam	Postgraduate	325H Property, Construction & Project Management	Face-to-Face	Viet1 2013

Flexible Terms

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2017 (KP4)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JanJun2018 (KP2)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2019 (KP4)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JanJun2020 (KP2)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2020 (KP6)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2021 (KP4)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2022 (KP6)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JulDec2023 (KP4)
BUSM4616	RMIT Online	Postgraduate	325H Property, Construction & Project Management	Internet	JanJun2024 (KP2)

Course Coordinator: Farshid Rahmani

Course Coordinator Phone: +61 3 9925 3434

Course Coordinator Email: farshid.rahmani@rmit.edu.au

Course Coordinator Location: 08.08.49

Course Coordinator Availability: by appointment

Pre-requisite Courses and Assumed Knowledge and Capabilities

Enforced Pre-Requisite Courses
Successful completion of BUSM1273/BUSM4613 Project Management Techniques

Note: it is a condition of enrolment at RMIT that you accept responsibility for ensuring that you have completed the prerequisite/s and agree to concurrently enrol in co-requisite courses before enrolling in a course. 

For your information go to RMIT Course Requisites webpage. 

 

 

Course Description

In this course you will explore the concepts of risk in a project context and develop your critical understanding of the principles and processes of systematic risk management. This course will develop your ability to apply the principles and processes of risk management in a project environment; and build your knowledge of techniques used in the economic and financial evaluation of risk and uncertainty in projects.

Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes (PLOs)

In this course you will develop the following program learning outcomes:

• PLO1: Determine and apply knowledge of complex project management theory, principles and best practice to applied projects to contribute to the profession and discipline of project management
• PLO3: Professionally communicate and justify project scope, design, implementation, strategy and /or outcomes, engaging effectively with diverse stakeholders across a range of industry sectors
• PLO4: Apply the specialist knowledge and technical skills required to creatively address the diverse needs of project stakeholders, formulating innovative solutions and demonstrating independent and sound decision making related to your professional practice and the discipline

Course Learning Outcomes (CLOs)

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

• CLO1: Analyse the fundamental principles of risk management as applied in a project context
• CLO2: Select and apply techniques and tools of risk to identify and analyse risk
• CLO3: Analyse and apply risk management processes to develop a industry risk management plan

Overview of Learning Activities

Your learning in this course will take place through face to face lectures and workshops. Learning activities in this course will include: class discussions, group work, industry based case studies and risk management software workshops.

Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems.

Overview of Assessment

You will be assessed on how well you meet the course learning outcomes and on your development against the program learning outcomes.

Feedback will be given on all assessment tasks.

RMIT City Campus

Assessment Task 1: Essay, 20%, CLO1

Assessment Task 2: Group Assignment, 50%, CLO2, CLO3

Assessment Task 3: Quiz, 15%, CLO1

Assessment Task 4: Case Discussion, 15%, CLO1, CLO2, CLO3

RMITOnline

Assessment Task 1: Case study, 30%, CLO1, CLO2,

Assessment Task 2: Assignment, 30%, CLO1, CLO2

Assessment Task 3: Risk management plan, 40%, CLO3

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.

Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions.