Information Package

Master's of Engineering and Technology Management without Thesis

MT527

RISK ANALYSIS

Course Code
MT527
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree Without Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Understand the concepts of risk and risk components
  2. Gain an ability to use the techniques, skills, and modern engineering tools necessary for engineering practice for risk management.
  3. Gain an ability to learn how the techniques when the company face risks as a result of the developments and changes to the event.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionRisk Concepts, Risk Components, Risk Analysis, Risk Analysis Methods, Risk Assessment, Risk Assessment Methods, Economic and Financial Risk, Human Related Risk, Risk Control Methods, Risk Management- Risk Planning, Risk Classification and Prioritization.
Course Contents
WEEK TOPICS
1st Week Risk Concepts, Risk Components
2nd Week Risk Analysis
3rd Week Risk Analysis Methods
4th Week Risk Assessment
5th Week Risk Assessment Methods
6th Week Economic and Financial Risk, Human Related Risk
7th Week Risk Control Methods, Risk Management- Risk Planning, Risk Classification and Prioritization
8th Week Midterm
9th Week Risk Management Structure and Applications
10th Week The concept of risk engineering and the design for risk engineering
11th Week Risk-cost relationship
12th Week Risk scheduling
13th Week Integrated risk management
14th Week Determining the limits of engineering designs
Recommended or Required ReadingPritchard C.L., 2005, Risk Management Concepts and Guidance, ESI International.
Ayyub B.M., 2003, Risk Analysis in Engineering and Economics, A CRC Press Company.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
  • Presentation
  • Practice
  • Problem Solving
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 30
Assignment 1 10
Quiz 1 10
Total(%) 50
Contribution of In-term Studies to Overall Grade(%) 50
Contribution of Final Examination to Overall Grade(%) 50
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz 1 14 14
Individual or group work 14 13 182
Preparation for Final exam 1 25 25
Course hours 14 3 42
Preparation for Midterm exam 1 25 25
Laboratory (including preparation)
Final exam 1 2 2
Homework 1 14 14
Total Work Load306
Total Work Load / 30 (h)10.2
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3
K1 X X
K2
K3
K4 X X
K5
K6
K7
K8
K9
K10 X X X
K11