Project Procurement, Cost, Quality and Risk Management


Examines the core concepts, principles and techniques of Project Procurement, Cost, Quality & Risk Management.


WebLearn GradSchool

  • Trimester 1 - 2016

Learning Outcomes

1. the principles of procurement management and their application;

2. procurement management processes and procedures;

3. the need to link time, cost and resources to the project framework;

4. Development of project budgets and expenditure forecasts

5. Use of the budgets and expenditure forecasts as control mechanisms

6. Appropriate cost management methodologies, their capabilities, limitations, application and outcomes

7. The principles of quality management and their application

8. Quality processes, quality planning, perform quality assurance, perform quality control

9. Quality management systems, methodologies and tools

10. Risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, risk monitoring and control

11. Appropriate risk management methodologies, their capabilities, limitations, applicability and outcomes



  1. Determine procurement requirements
  2. Follow agreed procurement processes
  3. Conduct contracting and procurement activities
  4. Implement contract and/or procurement
  5. Manage contract and procurement finalisation procedures


  1. Determine project budget
  2. Monitor and control project budgets and costs
  3. Conduct project financial completion activities


  1. Determine quality requirements
  2. Implement quality assurance
  3. Implement project quality improvements


  1. Determine project risk events
  2. Monitor and manage opportunities
  3. Monitor and manage project risk
  4. Assess risk management

Assessment Items

Written Assignment: Project Outline Presentation

Written Assignment: Assignment 2 Project Report

Contact Hours

WebLearn GradSchool

Self-Directed Learning

Self-Directed 10 hour(s) per Week for Full Term


Online 3 hour(s) per Week for Full Term