Management of Risk - CVEN9710


	Faculty: Faculty of Engineering
	School: School of Civil and Environmental Engineering
	Course Outline: http://www.civeng.unsw.edu.au/
	Campus: Kensington Campus
	Career: Postgraduate
	Units of Credit: 6
	EFTSL: 0.12500 (more info)
	Indicative Contact Hours per Week: 3
	Equivalent: CVEN8710
	Excluded: CVEN4102
	Fee Band: 3 (more info)
	Further Information: See Class Timetable

Description

Introduction to the concept of risk and decision making under conditions of uncertainty; project objectives and planning, risk/factors affecting project performance; risk identification in engineering processes; human error, natural hazards and unforeseen risks; risk evaluation and quantification methods; relevant statistical techniques; risk avoidance and minimisation; financial risk, portfolio theory, risk sharing and financing; ambient and acceptable risk levels; insurances.