Part A: Course Overview

Course Title: Project Risk Management

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM4303

City Campus

Undergraduate

325H Property, Construction & Project Management

Face-to-Face

 Sem 1 2012,
Sem 1 2013,
Sem 1 2014,
Sem 1 2015,
Sem 1 2016,
Sem 1 2017,
Sem 1 2018,
Sem 1 2019,
Sem 1 2020,
Sem 1 2021,
Sem 1 2022,
Sem 1 2023,
Sem 1 2024,
Sem 1 2025

Course Coordinator: Farshid Rahmani

Course Coordinator Phone: +61 3 9925 3434

Course Coordinator Email: farshid.rahmani@rmit.edu.au

Course Coordinator Location: 8.7.60

Course Coordinator Availability: By appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

None


Course Description

This course will develop your knowledge of risk management principles, processes and techniques. The objectives of this course are to provide you with the skills, knowledge necessary to: develop a robust risk management plan; utilise software for the purposes of risk analysis; and analyse and apply risk management industry standards to manage risk.


Objectives/Learning Outcomes/Capability Development

Program Learning Outcomes (PLOs)

This course contributes to the following BH112 program learning outcomes:  

  • PLO1 Determine and apply knowledge of complex project management theory to your professional practice and/or further study 
  • PLO2 Professionally communicate to a range of audiences, demonstrating in depth knowledge of the discipline and of the needs of diverse project management stakeholders 
  • PLO3 Formulate evidence-based solutions to industry problems or issues through the application of logical, critical and creative thinking, and the analysis, synthesis and application of theoretical, digital, human and technical skills   
  • PLO5 Collaborate effectively within and across disciplines and demonstrate independent intellectual agility and autonomy to solve problems and address industry issues and imperatives 

If you are taking this course as an option course or as part of a minor, this course will complement the learning outcomes you are developing in your program. 


Course Learning Outcomes (CLOs)

Upon successful completion of this course, you will be able to:

  1. Describe the fundamental principles of risk management and how these relate to the field of project management
  2. Analyse how risk management principles are enacted in diverse projects and project management contexts
  3. Select and apply risk management principles and processes to undertake a risk analysis
  4. Justify the determination of project risk
  5. Utilise risk analysis software to accurately determine risk


Overview of Learning Activities

Your learning in this course will consist of face to face lectures and workshops. Learning activities in this course will include class discussions, group work and computer based workshops.

Active and constructive participation in group discussions is expected. You will also be required to engage in reading of relevant literature and to carefully plan for assessment tasks.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. Learning resources will comprise a combination of lecture notes, workshop material, reading list and case study material. 

You will be expected to utilise library and electronic resources (as well as any other appropriate resources) to engage in professional reading of relevant project management literature related to risk management. 

There are services and resources available to support your learning through the University Library. The Library provides guides on academic referencing and subject specialist help as well as a range of study support services. For further information, please visit the Library page on the RMIT University website and the RMIT student website. 


Overview of Assessment

You will be assessed on how well you meet the course’s learning outcomes and on your development against the program learning outcomes. 

Assessment Tasks

Task 1: Group Assignment. 40%. CLOs 1 - 4. 

Task 2: Individual Assignment. 30%. CLOs 3 - 5.

Task 3A: Individual test. 15%. CLOs 1- 5.

Task 3B: Class participation. 15%. CLOs 1 - 4.

Feedback will be given on all assessment tasks. 

If you have a long term medical condition and/or disability it may be possible to negotiate to vary aspects of the learning or assessment methods. You can contact the program coordinator or Equitable Learning Services if you would like to find out more. 

Your course assessment conforms to RMIT assessment principles, regulations, policies, procedures and instructions.