In this course you will study risk and the effect of technology on the management of risk. You will develop your ability to use a systematic and reasonably consistent method of deciding actions on the risks a system needs to handle. You will learn to identify, accept and prioritse risks within the constraints of a system. You will explore key aspects of risk management and integrate with the concept of feasibility in engineering projects and business development. You will examine project feasibility in three directions: market feasibility, financial feasibility and technical feasibility. These three directions set the systematic process in which all key risks in a project can be identified and treated prior to any detrimental event happens.