Management of Technological Risks

Course code CIVL6590Units 10Level 6000Faculty of Engineering and Built EnvironmentSchool of Engineering

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.

Internal Mode:
Lectures will present theoretical background material and problem orientated exercises. Also included are four to six problem solving assignments, and a final term project which will involve students presenting a short seminar to the class.

Not available in 2014

Previously offered in 2009, 2007, 2005, 2004
Objectives1. 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.
Content1. Definitions of risk and risk assessment.

2. Case studies.

3. Sources of risk.

4. Modelling of systems.

5. Performance of system elements.

6. Human error and human reliability data.

7. Risk analysis.

8. Risk acceptance criteria (how safe is safe enough?).
Replacing Course(s)N/A.
Industrial Experience0
Assumed KnowledgeN/A.
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Other: (please specify)Progressive assessment.
ReportsMajor report.

NOTE: Any modification to the above assessment arrangement will appear on the course outline normally issues in Week 1.
Contact HoursLecture: for 3 hour(s) per Week for Full Term