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 Management of Risk - CVEN9710
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Campus: Kensington Campus
 
 
Career: Postgraduate
 
 
Units of Credit: 6
 
 
EFTSL: 0.125 (more info)
 
 
Contact Hours per Week: 3
 
 
Equivalent: CVEN8710
 
 
Fee Band: 2 (more info)
 
 
Further Information: See Class Timetable
 
  

Description

Introduction to the concept of risk and decision making under conditions of uncertainty; project objectives and planning, risk/factors affecting project performance; risk identification in engineering processes; human error, natural hazards and unforeseen risks; risk evaluation and quantification methods; relevant statistical techniques; risk avoidance and minimisation; financial risk, portfolio theory, risk sharing and financing; ambient and acceptable risk levels; insurances.

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