Construction Risk Management - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start

Unit summary


  • Level of Study: Undergraduate Level 4
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 13 weeks
  • Government loans available: FEE-HELP, HECS-HELP
  • Availability for 2016: SP1 , SP3
  • Availability for 2017: SP1 , SP3
  • Assessment: Assignment 1 - Risk register report (50%) , Assignment 2 - Case study (25%) - Learn more

Unit provided by

2016 Fees
Domestic 1,114.00
HECS 1,114.00
International 1,364.00

An introduction to the history and concept of risk and uncertainty in construction projects. The processes of project risk management for construction projects using risk simulations.

Please Note:  If it’s your first time studying a Curtin University unit you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online, and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your unit grades will be withheld.

Find out more about the Academic Integrity module.

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

  1. apply the processes of project risk management to create authentic risk management documents
  2. use computer technology to perform risk simulations
  3. discuss and reflect upon risk management concepts.
  • Assignment 1 — Risk register report (50%)
  • Assignment 2 — Case study (25%)
  • Assignment 3 — Case study analysis (25%)

There are no prerequisites for this unit.

  • Broadband access — Continual Broadband Access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1Defining the Concept of Risk
2Risk Management - Overview
3Risk Identification Process
4Qualitative Risk Analysis
5Risk Treatment
6Statistics and Probability Theory
7Probability Distributions
8Monte Carlo Simulation
10Decision Tree / Fault & Event Tree
11Risk Attitude - Utility Theory
12Risk Management - Issues

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Glossary
  • 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 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.
This unit does not have a prescribed textbook(s).

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