Project Risk Management - 2017

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Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP
  • Availability for 2017: Sess 1 , Sess 2 , Sess 3
  • Availability for 2018: Sess 1 , Sess 2
  • Assessment: Assessments - Online activities (30%) , Assignment - Group report (30%) - Learn more

Unit provided by

2017 Fees
Domestic 2,375.00
International 2,625.00

This unit will provide you with an advanced level of theoretical and technical knowledge of risk management processes and methodologies as applied across the lifecycle of a project.

At the completion of this unit students will be able to:

  1. demonstrate an international perspective to the knowledge area of project risk and uncertainty management processes as applied across prokect lifecycles
  2. distinguish and apply different analysis appropriate for each project lifecycle phase, including distinguishing between strategic risk and operational (business) risk
  3. demonstrate an ability to apply advanced skills and knowledge to identify, analyse and evaluate risk in complex project environments
  4. generate practical and appropriate risk management plans to mitigate and control risk
  5. critically evaluate and adopt computer based systems to capture lessons learnt and manage risk
  • Assessments — Online activities (30%)
  • Assignment — Group report (30%)
  • Invigilated Exam — 2000 words equivalent (40%)
For more information on invigilated exams see Exams and results

There are no prerequisites for this unit.

  • Other special requirement — Students will require Windows Vista, Windows 7 or higher. UniSA does not support Windows XP.

This unit addresses the following topics.

1Examination of alternative methodologies
2Uncertainty management
3Risk identification, analysis and evaluation
4Risk at different phases of project lifecycle
5Risk tools and techniques
6Risk mitigation and treatment methods
7Computer based risk management and compliance systems
8Project risk knowledge management and lessons learnt

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Online assignment submission
  • Standard Media
  • Web links

Print based materials

  • Welcome Letter

Online materials

  • Online Assessment
  • Printable format materials
  • Resources and Links

This unit is a core requirement in the following courses:

This unit is part of a major, minor, stream or specialisation in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

  • Guide to the Project Management Body of Knowledge:

    By:Project Management Institute

    ISBN: 9781935589679


    Supplier:Go to The Co-op Bookshop

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