Management of Risk - CVEN9710

Faculty: Faculty of Engineering

School: School of Civil and Environmental Engineering

Course Outline:

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Equivalent: CVEN8710

Excluded: CVEN4102

CSS Contribution Charge: 2 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.


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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