MR8406 - Operational Risk Analysis


This course is no longer taught and is only available for examination. For a complete course description, see previous academic years.

Course content

The course will cover operational or dynamic risk analysis developed for the purpose of giving a more up to date picture of risk than traditional risk analysis can do. In the course, we will cover basic concepts such as how we can express risk in a context like this, different aspect of risk required to make decisions and the types of decisions that the analyses should support. Further, we cover methods used in operational risk analysis, including quantitative models, qualitative models and models based on risk indicators. The content of the course may to some extent be adapted to fit the profile of the students. The course is conducted every second year. The course will not be taught if there are less than three participants.

Learning outcome

Knowledge: The candidates should have a deep knowledge of the topics covered by the course, know the state of the research, and be familiar with important developments regarding operational risk. Skills: The candidates shall be able to analyse operational risk with different methods. The candidates shall be able to, independently and critically, evaluate and challenge the state of the research within the area. They shall also be able to formulate new research challenges as a basis for research and development. The candidates shall further be able to present, use and develop knowledge in relation to their own work. General competence: The candidates shall be able to place their knowledge within a larger context, nationally and internationally, and be able to evaluate ethical issues related to practical application of the knowledge. They shall also be able to present and discuss problems related to the area.

Learning methods and activities

There will be no traditional lectures, but a series of seminars during the semester where the students have an active role in presenting and discussing various topics related to the course. The students are further required to write a term paper (as a scientific paper) on an agreed subject. The paper will be presented in draft form to the other students and a final version will be submitted and presented. To pass the course a score of at least 70 percent is required.

Further on evaluation

For a re-take of an examination, all assessments during the course must be re-taken

Course materials

List of relevant material will be provided at the start of the course. The material will mainly be papers and research reports.

More on the course



Version: 1
Credits:  7.5 SP
Study level: Doctoral degree level



Language of instruction: English

Location: Trondheim

Subject area(s)
  • Working Environment and Safety in Heavy Industry
  • Operations Management and Industrial Safety
  • Safety, Reliability and Maintenance
  • Offshore Engineering - Asset Operations and Maintenance
  • Organization and Leadership
  • Health, Safety and Environment
  • Operations and Maintenance Management
  • Machine Design - Safety Technology
  • Maintenance and Risk Analysis
  • Operation technology
  • Safety and Reliability
  • Production Engineering/Safety in Operation
  • Production Engineering - Risk Analysis
  • Mining Engineering - Safety Managemen
  • Work Environment and Safety
  • Machine Design - Safety and Reliability
  • Product Safety
  • Marine System Design
  • Marine Technology
  • Risk Analysis
  • Marine Topics
Contact information

Department with academic responsibility
Department of Marine Technology


  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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