Project Risk Management
PostgraduateCUR-PRJM60032025
Course information for 2025 intake
Make sense of the concepts of risk and uncertainty as they relate to managing projects in the workplace. Run the numbers using specialist software that helps you evaluate and measure risk. Develop a risk management plan for a real-life project.
Enrolments for this course are closed, but you may have other options to start studying now. Book a consultation to learn more.
- Study method
- 100% online
- Assessments
- 100% online
- Entry requirements
- Prior study needed
- Duration
- 13 weeks
- Loan available
- FEE-HELP available
Project Risk Management
About this subject
At the completion of this subject students will be able to:
- create a risk management plan for an authentic project
- apply quantitative risk analysis within a cost model, and evaluate and analyse the results
- recognise the concepts of risk and project risk management
- evaluate and reflect upon a project risk experience through a risk management theoretical perspective
- Project Risk - Introduction & Definition
- Project Risk - Components & Classification
- Introduction, Context, Identification and Qualitative Risk Analysis
- Risk Treatment and Opportunity Management
- Quantitative Risk Analysis - Sensitivity Analysis
- Quantitative Risk Analysis - Introduction to Statistics and Probability
- Quantitative Risk Analysis - Probability Distributions
- Contingency
- Quantitative Risk Analysis - Monte Carlo Simulation Workshop Exercise
- Quantitative Risk Analysis - Decision Trees and Risk Communication
- Judgement under Uncertainty: Bias
- Risk Attitude, Utility Theory and Event and Fault Tree Analysis
Analyse the concepts and theories of risk and uncertainty. Use tools and techniques to apply the project risk management processes of identification, analysis and treatment. Apply quantitative risk analysis techniques of sensitivity analysis and the Monte Carlo simulation. Review the concepts of bias, risk communication, risk attitude and opportunity management.
Please Note: If it’s your first time studying a Curtin University subject, you’ll need to complete their compulsory ‘Academic Integrity Program’. It only takes two hours to complete online and provides you with vital information about studying with Curtin University. The Academic Integrity Program is compulsory, so if it’s not completed your subject grades will be withheld.
Find out more about the Academic Integritymodule.
- Risk Management Plan (40%)
- eTest (20%)
- Report (Project Budget) (40%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
Equivalent subjects
You should not enrol in this subject if you have successfully completed any of the following subject(s) because they are considered academically equivalent:
Others
Pre Requisite: Successful completion of 50 credit points.
Additional requirements
- Other requirements - continual broadband access and email address
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.
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