You are here: Home / Future students / Course search

Project Risk Management

PMGT5891

The aims of this course are to develop students' understanding and ability in applying project risk management skills in project environments. The course enables the students to apply best practice techniques and methods commonly used by industry in project risk management. The competencies developed through this unit cover and go beyond the competencies in Risk areas as outlined in the competency standards by the Australian Institute of Project Management and Project Management Institute in the USA, respectively. The UoS aims to develop students' ability to understand and conceptualise risk management issues, and analyse and apply risk management techniques using concepts and frameworks from the underpinning literature.- Ability to establish risk management plans, policies & integrate them with other project plans, organisation & align them to the business case - Ability tounderstand the sources of potential risks (including but not limited to political, organisational, psychological and technical risks) and to use risk management tools & techniques to identify, assess, evaluate, & prioritise risks - Ability to simulate the potential effects of risks on schedule, cost and other performance dimensions using sensitivity analysis, decision tree analysis and simulation techniques. - Ability to track, monitor & control risks & actions to achieve project objectives & the business case - Ability to close risks for an optimal outcome

Unit of study details

Unit of study level: Postgraduate

Credit points: 6

Commencing semesters: 1, 2

Further unit of study information

Unit of study handbook: PMGT5891

Costs and scholarships information: Costs and Scholarships

Final dates to withdraw from units of study: Census Dates

Available for study abroad and exchange: No

Our courses that offer this unit of study