TS500213 - Integrated operations II: Risk management


Examination arrangement

Examination arrangement: Assignment
Grade: Letters

Evaluation form Weighting Duration Examination aids Grade deviation
Assignment 100/100

Course content

Overall Risk Management

The Risk management Process (incl. definition, risk identification, risk evaluation, risk control, risk financing and management phase)

Leadership of a risk management process

Decision making under uncertainty

Decision making under stress (incl. heuristics)

New research directions

The course is elaborating on the planning processes and leadership theories presented in the course Integrated Operations I: Management of demanding operations. It is recommended, but not mandatory, to take that course before this course.

Learning outcome

has advanced knowledge within the academic field of risk management and specialized insight into decision making under uncertainty

has thorough knowledge of the scholarly theories and methods in the field of risk management

can apply knowledge to new areas within the academic field of risk management

can analyze academic problems on the basis of the history, traditions, distinctive character and place in society of the academic field of risk management


can analyze and deal critically with various sources of information and use them to structure and formulate scholarly arguments within risk management

can analyze existing theories, methods and interpretations in the field of risk management and work independently on practical and theoretical problems

can use relevant methods for research and scholarly development work in an independent matter

can carry out an independent, limited research or development project under supervision and in accordance with applicable norms for research ethics


can analyze relevant academic, professional and research ethical problems

can apply his/her knowledge and skills in new areas in order to carry out advanced assignments and projects

can communicate extensive independent and terminology of the academic field of risk management

can communicate about academic issues, analyses and conclusions in the filed of risk management, both with specialists and the general public

can contribute to new thinking and innovation processes within risk management

Learning methods and activities

Lectures, individual and group exercises (some to be presented in class), to ensure a thorough understanding of how the theory can be applied in realistic situations.  

Mandatory assignment:

Each group is required to present 1 - 2 group exercises. Students are expected to be present minimum 80% of the time meant for group exercises.

Compulsory assignments

  • Mandatory assignment

Further on evaluation

Project report

(min. 15 - 20 pages) in groups of up to 3 students where the students are expected to execute and document in a report a risk management process based on a voluntarily chosen operation.Exam registration requires that class registration be approved in the same semester. Compulsory activities from the previous semester can be approved by the department. The student must have 80% attendance in the course in order to register for the exam. Special cases are assessed individually by submitting an application to the Program Program Manager.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Management of Demanding Marine Operations (830MDO)

More on the course



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


Term no.: 1
Teaching semester:  SPRING 2021

Language of instruction: Norwegian

Location: Ålesund

Subject area(s)
  • Organization and Leadership
Contact information
Course coordinator:

Department with academic responsibility
Department of Ocean Operations and Civil Engineering



Examination arrangement: Assignment

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn UTS Assignment 100/100
Room Building Number of candidates
Spring ORD Assignment 100/100
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"

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