Enrolments for 2019 have closed.
Project Risk Management
Postgraduate | CUR-PRM550 | 2019
Course information for 2019 intake View information for 2024 course intake
Make sense of the concepts of risk and uncertainty as they relate to managing projects in the workplace. Run the numbers using specialist software that helps you evaluate and measure risk. Develop a risk management plan for a real-life project.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Part of a degree
- Duration
- 13 weeks
FEE-HELP available
Project Risk Management
About this subject
At the completion of this subject students will be able to:
- create a risk management plan for an authentic project
- apply quantitative risk analysis using specialist software to create a cost model, and evaluate and analyse the results
- recognise the concepts of risk and project risk management
- evaluate and reflect upon a personal risk experience through a risk management theoretical perspective.
- Risk - Introduction & Definition
- Risk - Components & Classification
- Introduction, Context, Identification
- Qualitative Risk Analysis
- Risk Treatment
- Opportunity Management
- Quantitative Risk Analysis - Sensitivity Analysis
- Quantitative Risk Analysis - Introduction to Statistics
- Quantitative Risk Analysis - Probability Theory
- Quantitative Risk Analysis - Probability Distributions
- Quantitative Risk Analysis - Monte Carlo Simulation
- Contingency
- Quantitative Risk Analysis - Decision Tree
- Project Risk Management: Issues
- Risk Attitude - Utility Theory
- Judgement Under Uncertainty: Bias
- Risk Communication
- Event & Fault Tree
Analyse the concepts and theories of risk and uncertainty. Use tools and techniques to apply the project risk management processes of identification, analysis and treatment. Apply quantitative risk analysis techniques of sensitivity analysis and the Monte Carlo simulation. Review the concepts of bias, risk communication, risk attitude and opportunity management.
Please Note: If it’s your first time studying a Curtin University subject 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 subject grades will be withheld.
Find out more about the Academic Integrity module.
- 4 tests (20%)
- Risk Management Plan (40%)
- Project Budget (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.