Course - Risk Management in Projects - TPK5115
TPK5115 - Risk Management in Projects
About
Examination arrangement
Examination arrangement: Written examination and Work
Grade: Letters
| Evaluation | Weighting | Duration | Grade deviation | Examination aids |
|---|---|---|---|---|
| Arbeider | 30/100 | |||
| Skriftlig eksamen | 70/100 | 4 timer |
Course content
Terminology related to risk and uncertainty in projects. Main elements of risk management to deal with risk and uncertainty in projects. Review of central practical methods for identification and analysis of risk and uncertainty. Quantitative modelling of schedule and time in project. Decision theory. Cost analysis in a life time perspective. Statistical methods for parameter estimation. Use of expert judgement for assessment of parameters. Case studies related to turnarounds.
Learning outcome
Knowledge: Basic insight into the theoretical foundation risk management in projects.
Skills: Be able to perform practical risk analysis for identification, structuring and modelling risk. Be able to apply the models in the various trade-off situations related to risk. Be able to assess model parameters used in project risk management.
General competence: Understand the importance of risk management in a project management setting.
Learning methods and activities
Lectures, exercises and project work. Evaluation will be based on project work (30%) and written exam (70%). Admission to taking exam requires exercises to have been approved. The lectures and exercises are given in English when students who do not speak Norwegian take the course. If the teaching is given in English the examination papers will be given in English only. Students are free to choose Norwegian or English for written assessments. If there is a re-sit examination, the examination form may be changed from written to oral.
Compulsory assignments
- Exercise
Recommended previous knowledge
Basic knowledge in statistics, probability theory, and project management.
Course materials
Course compendium to be downloaded from It's Learning.
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| TPK5110 | 3.7 |
No
Version: 1
Credits:
7.5 SP
Study level: Second degree level
Term no.: 1
Teaching semester: AUTUMN 2014
Language of instruction: English
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- Project Management
- Risk Analysis
Department with academic responsibility
Department of Production and Quality Engineering
Examination
Examination arrangement: Written examination and Work
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Autumn ORD Arbeider 30/100
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Room Building Number of candidates - Autumn ORD Skriftlig eksamen 70/100 2014-12-06 09:00
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Room Building Number of candidates - Summer KONT Arbeider 30/100
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Room Building Number of candidates - Summer KONT Skriftlig eksamen 70/100
-
Room Building Number of candidates
- * 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"