Construction Risk Management
Study the history of risk and uncertainty in construction. Stake out solutions considering risk attitude, assessment, management, mitigation and allocation. Create real risk management documents and perform automatic risk simulations. Discuss ideas.
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At the completion of this subject students will be able to:
- apply the processes of project risk management to create authentic risk management documents
- use computer technology to perform risk simulations
- discuss and reflect upon risk management concepts.
- Uncertainty and Risk Concepts
- Project Risk Management Process
- Risk Management Planning
- Risk Identification and Register
- Qualitative Risk Analysis
- Quantitative Risk Analysis
- Risk Response Planning
- Post Response Risk Analysis
- Risk Monitoring and Control
- Risk and Construction Contracts
- Discussion forum/Discussion Board
- Online assignment submission
- Podcasting/Lecture capture
- Web links
- Printable format materials
- Resources and Links
- Online Assessment
Note: Level 4 subjects normally assume a moderate level of prior knowledge in the area, eg from completing all Level 3 subjects or relevant experience.
No special requirements
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.
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- Risk register report (50%)
- Case study (25%)
- Case study analysis (25%)