MG7026 – Risk Management

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Module code
MG7026
Module title
Risk Management
Prescription
To enable students to learn and apply the principles and processes of Risk Management in the context of engineering and business management.
Programmes
  • EN1801
  • SC1001
NZQA Level
Level 7
NZQA Credits
15
Delivery method
  • Web-Enhanced
Learning hours
Directed hours
60
Self directed hours
90
Total learning hours
150
Resources required
Learning Outcomes
1.Define objectives of risk management and determine criteria for measurement and analysis of problems.

2.Utilise analytical evaluation and decision making methodologies to determine project direction and choices.

3.Critically analyse risk management approaches and methodologies.
Content
Scope of risk analysis.
Hazard identification, fault tree analysis (FTA), failure mode effect and analysis (FMEA).
Risk Evaluation for system state, including qualitative and quantitative.
Risk treatment.
Assessment Criteria
Assessment 1Assessments100