Skip to main content

During 2021 we will continue to support students who need to study remotely due to the ongoing impacts of COVID-19 and travel restrictions. Make sure you check the location code when selecting a unit outline or choosing your units of study in Sydney Student. Find out more about what these codes mean. Both remote and on-campus locations have the same learning activities and assessments, however teaching staff may vary. More information about face-to-face teaching and assessment arrangements for each unit will be provided on Canvas.

Unit of study_

CHNG9306: Risk Management for Chemical Engineering

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.

Code CHNG9306
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. understand 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 outlines

Unit outlines will be available 2 weeks before the first day of teaching for the relevant session.