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Unit of study_

CHNG9306: Risk Management for Chemical Engineering

2024 unit information

This unit of study aims to develop an appreciation of project and risk management practice of process systems for chemical and process engineering. It employs a holistic approach to management covering vital concepts in project management, technical risk assessment and decision making, economic evaluation and financial risk assessment, and project design optimization. It provides students with the experience and working knowledge to solve real world engineering problems in process-led and product-driven industries. By the end of this unit of study a student should be competent in: preparing a resume for use in employment applications; developing project work plans in conjunction with project management schedules; performing economic evaluations of projects, plans and processes; performing qualitative and quantitative risk assessments of projects, plans and processes; exploring optimization of complex processes under risk and uncertainty, covering unit operations, business units, enterprises and value chains.

Unit details and rules

Managing faculty or University school:

Engineering

Study level Postgraduate
Academic unit Chemical and Biomolecular Engineering
Credit points 6
Prerequisites:
? 
None
Corequisites:
? 
None
Prohibitions:
? 
CHNG3806 OR CHNG5806
Assumed knowledge:
? 
CHNG9201 and CHNG9202 and CHNG9203 and CHNG9204 and CHNG9206. Mass and energy balances, physical chemistry, physics

At the completion of this unit, you should be able to:

  • LO1. describe and appreciate the implications of major hazard facility
  • LO2. perform qualitative risk assessment of projects using rapid ranking
  • LO3. perform detailed review of process design using Hazop technique.
  • LO4. perform a quantitative risk assessment of projects
  • LO5. estimate project costs from the flowsheet design
  • LO6. understand the implications of depreciation and tax in project costing
  • LO7. perform basic economic evaluation of projects and optimise design
  • LO8. understand the economies of scale in projects

Unit availability

This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.

The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.

Session MoA ?  Location Outline ? 
Semester 2 2024
Normal day Camperdown/Darlington, Sydney
Outline unavailable
Session MoA ?  Location Outline ? 
Semester 2 2020
Normal day Camperdown/Darlington, Sydney
Semester 2 2021
Normal day Camperdown/Darlington, Sydney
Semester 2 2021
Normal day Remote
Semester 2 2022
Normal day Camperdown/Darlington, Sydney
Semester 2 2022
Normal day Remote
Semester 2 2023
Normal day Camperdown/Darlington, Sydney

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Modes of attendance (MoA)

This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.