CIVIL 716 – ENGINEERING RISK MANAGEMENT
(15 Points, SC 2013)
COURSE CO-ORDINATOR:
Suzanne Wilkinson
(Room 1.1011, ext 88184)
LECTURE TIMES:
Tuesday 12.00-2.00 Room T029
PHILOSOPHY:
This is an online course. Readings will be given each week via the University course
management programme Cecil. Students are expected to read the material and answer the
associated worksheet questions. For all students there will be optional contact weeks, where
topics will be debated in the group. There will also be industry guest speakers to provide
context to your risk management study.
The course covers a broad based understanding of the critical elements of risk and risk
management within the construction and engineering industry. Key elements include risk
identification, analysis, treatment and evaluation. The course is designed to have a practical
flavour, both in the discussion of risk management approaches as well as in the conduct of
worksheets and assignments designed to give participants the tools they need to effectively
manage risk.
LABORATORIES:
No laboratory work will be required
ASSESSMENT:
worksheet 1 – 10%
worksheet 2 – 10%
worksheet 3 – 10%
worksheet 4 – 10%
Assignment 1 – 30%
Assignment 2 – 30%
Hand-in time for assignments:
Worksheets are due by 5.00pm on the Friday of each week specified
Assignments are due by 5.00pm on the Friday of the specified week
LEARNING OBJECTIVES:
By the end of this course, the student should:



have a general understanding of the critical elements of risk and risk management
within the engineering industry
be able to apply the sequential steps of Risk Management
be able to apply their learnt knowledge and techniques into the real world projects to
effectively manage risk
COURSE OUTLINE:
Week
1
Topic
Introduction to Project Risk Management,
The Risk Management Process
2
3
4
5
6
7
8
9
10
11
12
Identify Risks
Risk Analysis
Risk Evaluation
Risk Case Study
Risk Treatment
Risk Case Study
Risk Response Documentation
Risk Monitoring, Reviewing, Control
Risk Management Software
Risk Case Study
Risk management overview
Comments
Introduction week
worksheet 1 due
worksheet 2 due
Assignment 1 due
worksheet 3 due
worksheet 4 due
Assignment 2 due
TEXTS:
AS/NZS 4360: 2004 Risk Management, Standards New Zealand
NZS HB 436:2004 Risk Management Guidelines, Standards New Zealand
Bowden, Lane, Martin, Triple Bottom Line Risk Management, John Wiley & Sons, 2001
Risk Management websites:
International Risk Management Institute: www.irmi.com
American Risk and Insurance Association: www.aria.org
The Universal Manager UK: www.universal-manager.co.uk
Health and Safety Executive UK risk management: www.hse.gov.uk/risk/index.htm
The Institute of Risk Management (IRM): www.theirm.org
The New Zealand Society for Risk Management: www.risksociety.org.nz