Project Risk Management
PostgraduateCUR-PRJM60032025
Previously CUR-PRM550
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.
- Study method
- 100% online
- Assessments
- 100% online
- Enrol by
- 25 May 2025
- Entry requirements
- Prior study needed
- Duration
- 13 weeks
- Start dates
- 2 June 2025,
- 1 Dec 2025
- Price from
- $3,464
- Upfront cost
- $0
- 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).
Start your career with Curtin’s globally recognised courses and extensive industry connections. Through OUA, their online courses offer an interactive and collaborative learning experience that gets you the same degree as if you studied on campus. Curtin is a global university with a vibrant culture of innovation and collaboration and is ranked in the top one per cent of universities worldwide.
Learn more about Curtin University.
Explore Curtin courses.
- QS Ranking 2024:
- 14
- Times Higher Education Ranking 2024:
- 15
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:
CUR-PRM550-Project Risk Management (no longer available)
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.
What to study next?
Once you’ve completed this subject it can be credited towards one of the following courses
Graduate Diploma in Project Management
PostgraduateCUR-PRM-GDI
PostgraduateOUA-PSU-GCE
Master of Information Science (Extended)
PostgraduateCUR-ISE-MAS
PostgraduateCUR-ISC-MAS
Graduate Diploma in Archives and Records Management
PostgraduateCUR-ARM-GDI
Master of Science (Project Management)
PostgraduateCUR-PRM-MAS
Master of Urban and Regional Planning
PostgraduateCUR-URP-MAS
Single subject FAQs
What’s a single subject?
Single subjects are the individual components that make up a degree. With Open Universities Australia, you’re able to study many of them as stand-alone subjects, including postgraduate single subjects, without having to commit to a degree.
Each of your subjects will be held over the course of a study term, and they’ll usually require 10 to 12 hours of study each week. Subjects are identified by a title and a code, for example, Developmental Psychology, PSY20007.
How can I use single subjects to get into a full degree?
First, find the degree that you would like to study on our website.
If that degree allows entry via undergraduate subjects, there will be information about this under the Entry Requirements section. You will find a list of 2-4 open enrolment subjects you need to successfully complete to qualify for admission into that qualification.
Once you pass those subjects, you will satisfy the academic requirements for the degree, and you can apply for entry.
Our student advisors are here to help you take that next step, so don’t hesitate to reach out when you’re ready! We’ve also made it easier to figure out the right way to get started on our pathways page.
Can anyone help me choose a subject?
Our student advisors are more than happy to help you plan your online study. Get in touch with an advisor by:
How do I pay for my subjects?
You can pay up front with your credit card, or you may be eligible for a HELP loan from the Australian government depending on your citizenship status and where you’ll live during your studies.
For more information about how to pay for your studies visit our fees page or contact a student advisor.
How do I enrol?
When you’ve made your choice, click ‘Enrol now’ on the relevant course page and follow the prompts to begin your enrolment. We’ll ask you to supply some supporting documentation, including proof of your identity, your tax file number, and a unique student identifier (USI) during this process.
Your university will get in touch with you via email to confirm whether or not your application has been successful.
If you get stuck at any time, reach out to us and we’ll talk you through it.
You can also take a look at our online self-service enrolling instructions.
When is the cut-off date for enrolling?
Close of enrolment times vary between universities and subjects. You can check the cut-off dates for upcoming study terms by visiting key dates.