Program Director Contact Details: Project Management
Name: Dr Sam Baroudi
Email:  sam.baroudi@adelaide.edu.au

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Teaching staff:
Name: Mr Sean O'Gorman
Email: sean.ogorman@adelaide.edu.au

On successful completion of this course students will be able to:

1. Explain the benefit of risk management for projects
2. Outline the risk management process
3. Describe roles and responsibilities in the risk management process
4. Identify, assess and treat possible project risks
5. Assess risks both qualitatively and quantitatively

To be advised

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.

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.

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 Canvas platform so that students can refer to learning materials in their own time.

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.

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 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 student	30%	11th week	2, 4, 5.
3	Project Presentation	Group - but assessed individually	10 minute presentation	10%	11th week	2, 4, 5.
4	'Take Home' Assessment	Individual	To be confirmed	40%	To be confirmed	1, 2, 3, 4, 5.
	Total			100%

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.

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.

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