In this course, participants will develop the requisite knowledge and skills to identify and classify complex aspects of risk management within a project. Project teams will learn how to plan, control and review risks associated with a project and develop appropriate risk mitigation strategies. The project risk planning process and its position within the overall management function is considered. The unit addresses the conduct of control activities in accordance with the International Organization for Standardization (ISO) 31000: 2018 Standard and other relevant industry-based Risk Management Standards.
On successful completion of this unit, students will be able to:
Further reading material will be provided by the instructor in class or through VU Collaborate.
This unit is studied as part of the following course(s):