PROJMGNT 5004 - Risk Assessment and Management

Risk is inherent in projects of all scale. This course provides students with the knowledge required to identify, manage, and monitor project risks using ISO 31000 and principles of systems thinking. Through local and international real world examples, students will consolidate the principles of risk management as applied during the various phases of large projects, programs, and mega projects. Students will gain the ability to act on early warning signs, using a systematic methodology to ensure that they are able to maintain project control in accordance with schedule, budget, and quality. Students will also consider methods for researching, identifying, managing, and communicating project risks to equip them with the competence required to lead or participate in project risk management teams.