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Unit of study_

PMGT6891: Risk Dynamics and Resilience

2022 unit information

Projects are inherently uncertain as they require planning in the present for action to be taken in the future. Such uncertainty gives rise to both risk and opportunity. This unit of study provides a broad and contemporary coverage of the dynamic nature of risk and the need for project and organisational resilience to deal with risk and benefit from opportunity. Against a background of risk management theory, industry standards and practice, students will be provided with opportunities to reflect upon and share their experiences as a basis for developing their skills in identifying and dealing with project risk and making informed decisions aligned with organisational strategy and risk appetite. Integrated qualitative and quantitative approaches for identification, analysis, prioritisation, mitigation, monitoring and response to risk will be covered. Assessment will include opportunities to draw upon work based examples.

Unit details and rules

Managing faculty or University school:

Project Management

Code PMGT6891
Academic unit Project Management
Credit points 6
Prerequisites:
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None
Corequisites:
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None
Prohibitions:
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PMGT5891
Assumed knowledge:
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None

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

  • LO1. simulate the potential effects of risks on schedule, cost and other performance dimensions using various techniques
  • LO2. track, monitor & control risks & actions to achieve project objectives & the business case
  • LO3. close risks for an optimal outcome
  • LO4. establish risk management plans, policies & integrate them with other project plans, organisation & align them to the business case
  • LO5. understand the sources of potential risks (including but not limited to political, organisational, psychological and technical risks) and use risk management tools & techniques to identify, assess, evaluate, & prioritise risks.

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.

There are no availabilities for this year.
Session MoA ?  Location Outline ? 
Semester 2 2021
Block mode Camperdown/Darlington, Sydney
Semester 2 2021
Block mode Remote
Semester 2 2022
Block mode Camperdown/Darlington, Sydney
Semester 2 2022
Block mode Remote

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.