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Risk Management in Projects (20 credits) / CEN4017-N(MScIT) / TU Online

Online Learning

£820.00

Description

We provide you with an advanced level of study in risk management in projects. You explore a range of tools and techniques used in risk identification, qualitative and quantitative risk analysis, risk-planning responses, PERT and risk monitoring. You learn about financial risk, project-appraisal methods and the application of a decision tree within a project.

You gain awareness of probability theory that represents the corner stone of risk management. Invited speakers from the industry give an overview of risk management in different projects; for example IT, finance, construction, and oil and gas. You work in groups on project case studies which apply risk management theory. In addition, you gain hands-on experience in applying the @RISK© tool to a variety of scenarios of risk factors. You develop a deep understanding of the systematic process of risk management and application of @RISK© software.