CIVL4510

Management of Technological Risks

10 Units 4000 Level Course

Not available in 2014

Previously offered in 2009, 2007, 2005, 2004

Considers the assessment and evaluation of risks associated with a wide variety of engineering/technology projects, including environmental, mechanical, chemical, computer, civil, water resources, and structural engineering projects. Emphasis is placed on quantifying risks and the treatment of risk within a rational decision-making framework. Other topics include modelling the behaviour of complex systems, reliability analysis, simulation, updating and prediction, and risk acceptance criteria.

Objectives 1. Understand key concepts of risk and risk assessment.

2. Representation of system performance.

3. Reliability data for risk analysis.

4. Calculation of risks (risk analysis).

5. Decision-making criteria.
Content * Definitions of risk and risk assessment.

* Case studies.

* Sources of risk.

* Modelling of systems.

* Performance of system elements.

* Human error and human reliability data

* Risk analysis

* Risk acceptance criteria (how safe is safe enough?)
Replacing Course(s) N/A.
Transition N/A.
Industrial Experience 0
Assumed Knowledge There is no prerequisite for this course.
Modes of Delivery Internal Mode
Teaching Methods Lecture
Assessment Items
Other: (please specify) Progressive assessment.

NOTE: Any modification to the above assessment arrangement will appear on the course outline normally issued in Week 1.
Reports Major report.
Contact Hours Lecture: for 3 hour(s) per Week for Full Term