TU Delft
Year
NEDERLANDSENGLISH
Organization
Education Type
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2010/2011 Technology, Policy and Management TBM Electives
SPM6300
Introduction Risk Management
ECTS: 3
Module Manager
Name E-mail
Dr. L.J. Kortmann    L.J.Kortmann@tudelft.nl
Prof.dr.ir. A. Verbraeck    A.Verbraeck@tudelft.nl
Contact Hours / Week x/x/x/x
(2+2)/0/0/0
Education Period
1
Start Education
1
Exam Period
1
2
Course Language
English
Expected prior knowledge
MOT9566 - Introduction Project Management
Course Contents
Managing risks in projects, The following topics will be covered:
- risks and uncertainty in projects, effects of risks on the project promises
- the risk register, formulating risks, the risk event
- risk attribution
- sources for risks and uncertainty
- qualitative risk modelling
- quantitative risk modelling
- procedures for risk mitigation
- the estimation process for uncertain variables
- from point estimates to range estimates
- cost estimation with uncertainty and risks
- scheduling with uncertainty and risks
- tools for risk management
Study Goals
After the course the student will be able to:
- understand the impact of uncertainty and risk on project management
- host a risk initiation meeting
- create a small risk register and formulate risks in a precise way
- allocate a risk mitigation method to certain risks
- model the cost and time for a project in a stochastic way
- work with the tools for risk modeling and stochastic estimation
Education Method
Lectures with assignments
Role playing games
Tool practice in the computer room (PertMaster)
Computer Use
PertMaster
Course Relations
Part of the minor Project Management.
Literature and Study Materials
D. Hillson and P. Simon. Practical project risk management, the ATOM methodology. ISBN 978-1-56726-202-5
Additional papers available through blackboard
Assessment
Open book, written exam.
Remarks
- This course is part of the minor Project Management. (Please contact the module manager in case you would like to follow this course outside the minor program.)
- The course will be given in English
Targetgroup
Minor Project Management