School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Project Risk Management
  • Unit Code

    MAN6301
  • Year

    2018
  • Enrolment Period

    1
  • Version

    2
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
  • Unit Coordinator

    Dr Paul Danvers JACKSON

Description

Project risk management is one of the most vital areas of project management. The existence of risk introduces various opportunities for projects to be compromised but also to be exploited for competitive advantages. This has become important in organisations that are project-based and in which project risk activities are integrated with business strategy. Project managers are therefore increasingly focusing their attention on risk identification and management, not only to prevent project failure, but also to generate business success. This unit is designed to enable students gain a logical and conceptual understanding of project risk and its evaluation and management within the context of modern project-oriented organisations.

Learning Outcomes

On completion of this unit students should be able to:

  1. Develop a project risk management plan.
  2. Develop risk response plans.
  3. Evaluate quantitative and qualitative approaches to project risk analysis.
  4. Identify project-related risks.
  5. Integrate project risk management into business activities.
  6. Justify the role that projects play in helping organisations to achieve their strategic goals.

Unit Content

  1. Project risk governance.
  2. Project risk management maturity.
  3. Qualitative and quantitative risk analysis.
  4. Risk audits and reviews.
  5. Risk identification.
  6. Risk in projects.
  7. Risk monitoring and control.
  8. Risk response planning.
  9. Understanding risk.

Learning Experience

ON-CAMPUS

Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.

JoondalupMount LawleySouth West (Bunbury)
Semester 1Not Offered13 x 2 hour seminarNot Offered

For more information see the Semester Timetable

ONLINE

Students will engage in learning experiences through ECU Blackboard as well as additional ECU learning technologies.

Additional Learning Experience Information

The unit is offered on-campus as a three hour seminar during which the formal material will be covered in a lecture and current topics will be covered in presentations and discussions.

Off campus students access the unit via Blackboard. Regular online access is required.

Learning activities include class presentations in which contemporary project risk management topics are examined by providing the theoretical aspects of the topic and demonstrating how they are reflected in practice. For the major case study assignment, students construct a business report supported by the collection of real life data. In undertaking these activities, students learn to discover, evaluate and apply project risk management theory to provide solutions to contemporary situations and to present their work in a professional manner.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
PresentationClass presentation20%
Case StudyData collection (30%) and business report (50%)80%
ONLINE
TypeDescriptionValue
PresentationWritten presentation20%
Case StudyData collection (30%) and business report (50%)80%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MAN6301|2|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    Project Risk Management
  • Unit Code

    MAN6301
  • Year

    2018
  • Enrolment Period

    2
  • Version

    3
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
  • Unit Coordinator

    Dr Paul Danvers JACKSON

Description

Project risk management is one of the most vital areas of project management. The existence of risk introduces various opportunities for projects to be compromised but also to be exploited for competitive advantages. This has become important in organisations that are project-based and in which project risk activities are integrated with business strategy. Project managers are therefore increasingly focusing their attention on risk identification and management, not only to prevent project failure, but also to generate business success. This unit is designed to enable students gain a logical and conceptual understanding of project risk and its evaluation and management within the context of modern project-oriented organisations.

Learning Outcomes

On completion of this unit students should be able to:

  1. Identify project-related risks.
  2. Evaluate quantitative and qualitative approaches to project risk analysis.
  3. Develop both routine and creative risk response plans.
  4. Develop a comprehensive risk management plan for an authentic project context.

Unit Content

  1. Project risk governance.
  2. Project risk management maturity.
  3. Qualitative and quantitative risk analysis.
  4. Risk audits and reviews.
  5. Risk identification.
  6. Risk in projects.
  7. Risk monitoring and control.
  8. Risk response planning.
  9. Understanding risk.

Additional Learning Experience Information

The unit is offered on-campus as a three hour seminar during which the formal material will be covered in a lecture and current topics will be covered in presentations and discussions.

Online students access the unit via Blackboard. Regular online access is required.

Learning activities include class presentations in which contemporary project risk management topics are examined by providing the theoretical aspects of the topic and demonstrating how they are reflected in practice. For the major case study assignment, students construct a business report supported by the collection of real life data. In undertaking these activities, students learn to discover, evaluate and apply project risk management theory to provide solutions to contemporary situations and to present their work in a professional manner.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
PresentationClass presentation20%
Case StudyData collection (30%) and business report (50%)80%
ONLINE
TypeDescriptionValue
PresentationWritten presentation20%
Case StudyData collection (30%) and business report (50%)80%

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MAN6301|3|2