PROJMGNT 1002 - Project Risk Management
North Terrace Campus - Semester 2 - 2024
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General Course Information
Course Details
Course Code PROJMGNT 1002 Course Project Risk Management Coordinating Unit Management Term Semester 2 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Assessment Assignments, presentation Course Staff
Course Coordinator: Kiran Hiriyanna
Teaching staff:
Course Coordinator
Name: Kiran Hiriyanna
Email: kiran.hiriyanna@adelaide.edu.au
Tutor
Name: Mohamad Ali Mezher
Email: mohamadali.mezher@adelaide.edu.au
Course Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:- Explain the benefit of risk management for projects
- Outline the risk management process
- Describe roles and responsibilities in the risk management process
- Identify, assess and treat possible project risks
- Assess risks both qualitatively and quantitatively
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
1, 2, 4 Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
4, 5 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
1, 2, 3 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
2, 3, 4 Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
3, 4 Attribute 6: Australian Aboriginal and Torres Strait Islander cultural competency
Graduates have an understanding of, and respect for, Australian Aboriginal and Torres Strait Islander values, culture and knowledge.
. Attribute 7: Digital capabilities
Graduates are well prepared for living, learning and working in a digital society.
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Learning Resources
Required Resources
To be advisedRecommended Resources
Project Management Institute (2017) A Guide to the Project Management Body of Knowledge (PMBOK®Guide), 6th Edition, Newtown Square, Pa, Project Management Institute.
Australian Standards AS/NZS ISO 31000 (2009) Risk Management – Principles and Guidelines
Project Management Institute (2009) Practice Standard for Project Risk Management, Newtown Square, Pa, Project Management Institute
It is also useful to read relevant project management journal articles. In particular:
International Journal of Project Management
Project Management Journal
International Journal of Project Organisation and Management
Library Resources
The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. Access to the Library's electronic resources.Online Learning
MyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study. -
Learning & Teaching Activities
Learning & Teaching Modes
The Project Risk Management I course is taught on-campus via face to face lectures and tutorials.
The course introduces students to risk management fundamentals and standard industry practices. The course is intended to provide students with a working knowledge on how to identify, assess and mitigate risk in the project environment. The lectures will consist of both theoretical and practical applications with the tutorials giving students the opportunity to apply risk management concepts to real life situations.
Note that course materials will also be provided online via the university’s MyUni platform so that students can refer to learning materials in their own time.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The Project Risk Management course is a standard 3 unit offering of the University of Adelaide. As a guide, a standard 3 unit course comprises a total of 156 hours work. This includes face-to-face contact at lectures, set readings, any online components and the required assessment work.
Any student who experiences difficulty in keeping up with the course requirements should seek advice from the Course Coordinator as soon as possible.Learning Activities Summary
Schedule Week Topic 1 Introduction to Risk Management 2 Establishing and Planning Risk Management 3 Risk Identification 4 Roles and Responsibilities 5 Qualitative Risk Analysis and Evaluation 6 Risk Response, Treatment and Action Planning 7 Monitoring, Reviewing and Controlling Risks 8 Quantitative Risk Analysis and Evaluation 9 Reporting, Communication and Consultation 10 Risk Based Decision Making 11 Assignment 2 Group Presentations 12 Course Revision and Assessment 4 Preparation -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
# Assessment Task Type Length Weight Due Date Learning Outcomes 1 Essay Individual 1000 words 20% 4th week 1, 2, 3. 2 Project Report Group 1500 words
per student30% 11th week 2, 4, 5. 3 Project Presentation Group - but assessed
individually10 minute
presentation10% 11th week 2, 4, 5. 4 'Take Home' Assessment Individual To be confirmed 40% To be confirmed 1, 2, 3, 4, 5. Total 100% Assessment Related Requirements
Students should be aware that considerable knowledge and skills will be taught at lectures and tutorials. Hence, students should attend all classes in order to pass the course.
Course results may be subject to moderation by the Assessment Review Committee.Assessment Detail
Essay: the essay assessment will ask students to research a risk event from the public domain and report their knowledge on the lessons learned. The learning outcomes will be assessed in terms of how well they understand the role of risk management in business and projects.
Project Report: this assignment will provide students with an appreciation of risks in ‘real life’ projects. Student groups will focus on a current project that is under way. Their findings will be documented in a comprehensive report that highlights important risk management issues. Learning outcomes will be assessed on student knowledge in respect to managing risk on the selected project.
Project Presentation: the presentation will see students providing a professional PowerPoint presentation and reporting the key findings from the Project Report. The assessment will be based on how well each student contributes to the presentation.
'Take Home' Assessment: this assessment will replace the examination paper in 2020. Details to be confirmed during the course. It will cover various aspects of the course testing both knowledge and applications in respect to risk management concepts. Students will be assessed on demonstrated achievement of the learning outcomes in respect to recognised risk management practice and knowledge in the project context.Submission
All text based assignments must be submitted via MyUni:
- Assignment Submission: Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both).
- Cover Sheet: Please include in the assignment a completed University of Adelaide Assessment Cover Sheet (found in MyUni, under Modules) providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work. Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
- Backup Copy of Assignments: You are advised to keep a copy of your assignments in case the submitted copy goes missing. Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
- Assessment extensions request: An application for Assessment Extension should be made before the due date of the assignment to the Course Lecturer. Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date. Extensions will only be granted in cases of genuine medical, compassionate or extenuating circumstances. See sections 3 and 7a) i. in particular on assessment extensions in the Modified Arrangements for Coursework Assessment (MACA) Policy.
- Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade. Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above). Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.
- Resubmission: of an assignment after reworking it to obtain a better mark will not normally be accepted. Approval for resubmission will only be granted on medical or compassionate grounds.
- Appealing a mark or grade: If you are dissatisfied with your mark or grade, you may request a review or re-mark. There must be academic or procedural reasons for your request, so you can’t simply request a re-mark because you are disappointed with your result. For more information on the process see Assessment Grievance: Appealing a mark or grade
Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
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- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
- YouX Student Care - Advocacy, confidential counselling, welfare support and advice
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
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