PMGT5891: Semester 1, 2025
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Unit outline_

PMGT5891: Strategic Risk Management

Semester 1, 2025 [Normal evening] - Camperdown/Darlington, Sydney

Project risk management is the process of identifying, analysing and responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. The aim of this Unit of Study is to develop students' understanding and ability in applying risk management skills in project environments, such as: establishing risk management plans, policies, aligning them with the business strategy and integrating them with other project plans, and with the organisation; simulating the potential effects of risks on schedule, cost and other performance dimensions using sensitivity analysis, decision tree analysis and simulation techniques; and monitoring and controlling risks and actions to achieve project objectives and the business case. 

Unit details and rules

Academic unit Project Management
Credit points 6
Prerequisites
? 
None
Corequisites
? 
None
Prohibitions
? 
PMGT6891
Assumed knowledge
? 

None

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Nader Naderpajouh, nader.naderpajouh@sydney.edu.au
Lecturer(s) Nader Naderpajouh, nader.naderpajouh@sydney.edu.au
Saeed Andalib, saeed.andalib@sydney.edu.au
The census date for this unit availability is 31 March 2025
Type Description Weight Due Length

Assessment summary

Assessment criteria

Group assignment (20% written and 10% presentation) is designed to give you some practical exposure to some of the techniques and tools. Both assignments will be performed in teams. The assignment details and the case study used are posted separately.

Group Proactiveness (20%): This assessment focuses on the proactive engagement of students within their groups. It includes initiating discussions, contributing ideas, and collaborating effectively to solve problems. Students are expected to demonstrate leadership, take initiative in group tasks, and support their peers. The assessment will be based on peer evaluations and the instructor's observations of group dynamics and individual contributions throughout the course.


Discussion forums (10%). There are also 10 online discussion forums. All students are required to participate in the discussion forums. These forums will be based around case studies where you will be asked to consider what went wrong, or in one case what went right. There is a strong tendency for technical people to focus on the obvious technical risks in projects, and not as much on the less obvious and more people focused risks. The case study discussions should give you an opportunity to explore these issues.

Individual assignment (40%) - The individual assignment will be given as questions to answer and have 24 hours to submit a response. You will be able to use any resources avaliable to you but must complete individually.
 

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

 

Distinction

75 - 84

 

Credit

65 - 74

 

Pass

50 - 64

 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

Late Penalty:

For every calendar day up to and including ten calendar days after the due date, a penalty of 5% of the maximum awardable marks will be applied to late work. The penalty will be calculated by first marking the work, and then subtracting 5% of the maximum awardable mark for each calendar day after the due date. Example: Consider an assignment''''''''''''''''''''''''''''''''s maximum awardable mark is 10; the assignment is submitted 2 days late; and the assignment is marked as 7/10. After applying the penalty, marks will be: 7 - (0.5 x 2) = 6/10. For work submitted more than ten calendar days after the due date a mark of zero will be awarded. The marker may elect to, but is not required to, provide feedback on such work. Refer to section 7A of Assessment procedures policy available at: http://sydney.edu.au/policies/showdoc.aspx?recnum=PDOC2012/267&RendNum=0

Study Commitment:

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Text-matching software for Assignment Submission:

As part of the assessment process, text matching software such as Turnitin will be used to identify plagiarism and/or be used for providing feedback.

Confidential Peer Evaluation:

As part of the group contribution assessment process, collaborative & self-peer evaluation tools (e.g. SparkPlus, CATME, etc.) may be used, either on a confidential or non-confidential basis, to understand contributions and interactions amongst group members. Marks may be adjusted for an individual team member, following on from the peer evaluation process.

Mark Moderation:

Mark moderation: There may be statistically defensible moderation when combining the marks from each component to ensure consistency of marking between markers, and alignment of final grades with unit outcomes.

For more information see sydney.edu.au/students/guide-to-grades.

 

For more information see guide to grades.

Use of generative artificial intelligence (AI) and automated writing tools

Except for supervised exams or in-semester tests, you may use generative AI and automated writing tools in assessments unless expressly prohibited by your unit coordinator. 

For exams and in-semester tests, the use of AI and automated writing tools is not allowed unless expressly permitted in the assessment instructions. 

The icons in the assessment table above indicate whether AI is allowed – whether full AI, or only some AI (the latter is referred to as “AI restricted”). If no icon is shown, AI use is not permitted at all for the task. Refer to Canvas for full instructions on assessment tasks for this unit. 

Your final submission must be your own, original work. You must acknowledge any use of automated writing tools or generative AI, and any material generated that you include in your final submission must be properly referenced. You may be required to submit generative AI inputs and outputs that you used during your assessment process, or drafts of your original work. Inappropriate use of generative AI is considered a breach of the Academic Integrity Policy and penalties may apply. 

The Current Students website provides information on artificial intelligence in assessments. For help on how to correctly acknowledge the use of AI, please refer to the  AI in Education Canvas site

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Support for students

The Support for Students Policy 2023 reflects the University’s commitment to supporting students in their academic journey and making the University safe for students. It is important that you read and understand this policy so that you are familiar with the range of support services available to you and understand how to engage with them.

The University uses email as its primary source of communication with students who need support under the Support for Students Policy 2023. Make sure you check your University email regularly and respond to any communications received from the University.

Learning resources and detailed information about weekly assessment and learning activities can be accessed via Canvas. It is essential that you visit your unit of study Canvas site to ensure you are up to date with all of your tasks.

If you are having difficulties completing your studies, or are feeling unsure about your progress, we are here to help. You can access the support services offered by the University at any time:

Support and Services (including health and wellbeing services, financial support and learning support)
Course planning and administration
Meet with an Academic Adviser

WK Topic Learning activity Learning outcomes

Attendance and class requirements

 

 

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Establish risk management plans, policies and integrate them with other project plans, organisation and align them to the business case.
  • LO2. Understand the sources of potential risks (including but not limited to political, organisational, psychological and technical risks) and to use risk management tools and techniques to identify, assess, evaluate, and prioritise risks
  • LO3. Simulate the potential effects of risks on schedule, cost and other performance dimensions using sensitivity analysis, decision tree analysis and simulation techniques
  • LO4. Track, monitor and control risks and actions to achieve project objectives and the business case
  • LO5. Close risks for an optimal outcome.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

Additional video / audio tutorials to help understanding of class material. Some material now marked as optional.

Expected Conduct:

It is every student's responsibility to behave in accordance with the values and principles of mutual ­respect between staff, students and the University – see the Student Charter. This entails respecting all members of our diverse community and racism, sexism, ageism, dishonesty or defamation will not be tolerated, and instances will be reported to the authorities.

Work, health and safety

The University is dedicated to ensuring that all students have equal access to learning. Students can register with Disability Services and gain access to the adjustments and services they need to succeed in their studies. Faculty Disability Liaison Officers (FDLOs)  can provide quick advice and support specific to your learning environment.  As a student with a disability, Disability Services Officers are your main point of contact. Eligibility for these services is determined on an individual needs basis, upon review of the recommendations made in your supporting documentation and your consultation with a Disability Services Officer.

Our students’ wellbeing is our highest priority. The University offers several support channels to help you find relief from current emotional distress, explore coping strategies and advice pathways for longer term solutions:

 

  • Wellbeing support

If you would like support or to talk confidentially about any concerns that may be impacting on your academic performance or mental health and wellbeing with the Student Wellbeing team, the first step is to fill in this form. Once your form is received, a clinician from Student Wellbeing will call you within 1-2 business days to discuss your support needs.

 

  • Sonder

All University of Sydney International Students have free access to Sonder, a 24/7 on-demand safety and wellbeing app, to get you the support you need whenever you need, wherever you are.

Learn more: sydney.edu.au/students/sonder.html

 

  • Innowell

This is free to all students at the University. It is a digital platform designed to give you 24/7 on demand access to tools that assist in self-management of mental wellbeing and health and provide information about how to seek help as needed.

Learn more: sydney.edu.au/students/innowell.html

 

  • After hours mental wellbeing support line

If you’re in Australia and require support after hours, you can contact the Mental Wellbeing Support Line by calling 1300 474 065 or by texting 0488 884 429.

The Mental Wellbeing Support Line is available after 5pm from Monday to Friday, 24 hours on Saturday and Sunday, and during University close-down periods and public holidays.

 

  • Talk Campus

Life is full of challenges, and we want you to know that however you feel is valid. Download the Talk Campus mental health support app for free and instant access to online peer support 24/7, wherever you are in the world and in your own language:

Sign up: sydney.edu.au/students/talkcampus.html

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

This unit of study outline was last modified on 14 Feb 2025.

To help you understand common terms that we use at the University, we offer an online glossary.