| Semester 1, 2020 Online | |
| Short Description: | Project Risk Management |
| Units : | 1 |
| Faculty or Section : | Faculty of Business, Education, Law and Arts |
| School or Department : | School of Management and Enterprise |
| Student contribution band : | Band 3 |
| ASCED code : | 080315 - Project Management |
| Grading basis : | Graded |
Staffing
Examiner:
Requisites
Enrolment is not permitted in MGT8077 if MGT8024 has been previously completed.
Other requisites
Students are required to have access to a personal computer, e-mail capabilities and Internet access to UConnect. Current details of computer requirements can be found at .
Rationale
Understanding and managing project risks are vital to successful completion of any project. Projects are by their nature risky undertakings with potentially adverse consequences for many stakeholders should the project outcomes and benefits not be delivered. Risk management has become a specialised field in the project environment and practitioners must have advanced skills to manage risk successfully.
Synopsis
This course examines the methods of understanding and identifying various risks involved in a project. It will then introduce tools and techniques to analyse, estimate and prioritise risks. Appropriate risk response skills will then be developed.
Objectives
On successful completion of this course students should be able to:
- examine and critically reflect on relevant project risk management principles, theories and concepts;
- analyse, evaluate and synthesise research to investigate effective risk management methods and tools for diverse projects;
- apply knowledge and skills to investigate, resolve and make decisions about risk management in diverse projects;
- plan and execute the preferred method for risk management of diverse projects;
- use technical and communication skills to justify professional decisions to appropriate audiences.
Topics
| Description | Weighting(%) | |
|---|---|---|
| 1. | The nature of project uncertainty, risk and opportunity | 10.00 |
| 2. | Risk management approaches, processes and standards | 40.00 |
| 3. | Tools for identifying, analysing, evaluating and managing risk | 40.00 |
| 4. | Lessons learned and knowledge management | 10.00 |
Text and materials required to be purchased or accessed
ALL textbooks and materials available to be purchased can be sourced from (unless otherwise stated). (https://omnia.usq.edu.au/textbooks/?year=2020&sem=01&subject1=MGT8077)
Please for alternative purchase options from USQ Bookshop. (https://omnia.usq.edu.au/info/contact/)
Reference materials
Student workload expectations
| Activity | Hours |
|---|---|
| Directed 精东传媒app | 50.00 |
| Independent 精东传媒app | 115.00 |
Assessment details
| Description | Marks out of | Wtg (%) | Due Date | Notes |
|---|---|---|---|---|
| ASSIGNMENT 1 | 100 | 30 | 24 Mar 2020 | |
| ASSIGNMENT 2 | 100 | 70 | 02 Jun 2020 |
Important assessment information
-
Attendance requirements:
Online: There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.
On-campus: It is the students' responsibility to attend and participate appropriately in all activities (such as lectures, tutorials, laboratories and practical work) scheduled for them, and to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration. Courses delivered at Springfield campus are run in block intensive mode as two 2-day workshops during the semester, and NOT as weekly lectures. Teaching blocks will include weekdays and weekend days. Check timetables for workshop dates at . -
Requirements for students to complete each assessment item satisfactorily:
To satisfactorily complete an individual assessment item a student must achieve at least 50% of the marks. (Depending upon the requirements in Statement 4 below, students may not have to satisfactorily complete each assessment item to receive a passing grade in this course.) -
Penalties for late submission of required work:
Students should refer to the Assessment Procedure (point 4.2.4) -
Requirements for student to be awarded a passing grade in the course:
To be assured of receiving a passing grade a student must achieve at least 50% of the total weighted marks available for the course. -
Method used to combine assessment results to attain final grade:
The final grades for students will be assigned on the basis of the aggregate of the weighted marks obtained for each of the summative assessment items in the course. -
Examination information:
There is no examination in this course. -
Examination period when Deferred/Supplementary examinations will be held:
Not applicable. -
精东传媒app Student Policies:
Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene 精东传媒app policies and practices. These policies can be found at .
Assessment notes
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Referencing in assignments:
Harvard (AGPS) is the referencing system required in this course. Students should use Harvard (AGPS) style in their assignments to format details of the information sources they have cited in their work. The Harvard (AGPS) style to be used is defined by the USQ Library's referencing guide at .