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The current and official versions of the course specifications are available on the web at https://www.usq.edu.au/course/specification/current.
Please consult the web for updates that may occur during the year.

MGT8077 Project Risk Management

Semester 1, 2022 Springfield On-campus
Units : 1
Faculty or Section : Faculty of Business, Education, Law and Arts
School or Department : School of Business
Grading basis : Graded
Course fee schedule : https://www.unisq.edu.au/current-students/administration/fees/fee-schedules


Examiner: Kamran Shafique


Enrolment is not permitted in MGT8077 if MGT8024 has been previously completed.


Understanding and managing project risks are vital to successful completion of any project. Projects are by their nature risky undertakings with potentially adverse consequences for many stakeholders should the project outcomes and benefits not be delivered. Risk management has become a specialised field in the project environment and practitioners must have advanced skills to manage risk successfully.

This course examines the methods of understanding and identifying various risks involved in a project. It will then introduce tools and techniques to analyse, estimate and prioritise risks. Appropriate risk response skills will then be developed.

Course learning outcomes

On successful completion of this course students should be able to:

  1. examine and critically reflect on relevant project risk management principles, theories and concepts;
  2. analyse, evaluate and synthesise research to investigate effective risk management methods and tools for diverse projects;
  3. apply knowledge and skills to investigate, resolve and make decisions about risk management in diverse projects;
  4. plan and execute the preferred method for risk management of diverse projects;
  5. use technical and communication skills to justify professional decisions to appropriate audiences.


Description Weighting(%)
1. The nature of project uncertainty, risk and opportunity 10.00
2. Risk management approaches, processes and standards 40.00
3. Tools for identifying, analysing, evaluating and managing risk 40.00
4. Lessons learned and knowledge management 10.00

Text and materials required to be purchased or accessed

There are no texts or materials required for this course.

Student workload expectations

To do well in this subject, students are expected to commit approximately 10 hours per week including class contact hours, independent study, and all assessment tasks. If you are undertaking additional activities, which may include placements and residential schools, the weekly workload hours may vary.

Assessment details

Description Weighting (%)
Date printed 10 February 2023