Information Package

Program of Industrial Engineering (English)

IND356

RISK ANALYSIS AND MANAGEMENT

Course Code
IND356
Semester
-
Theory+Practice
3 + 1
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Have an ability to understand the concepts of risk and risk components
  2. Have an ability to use the techniques, skills, and modem engineering tools necessary for engineering practice for risk management.
  3. Have 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 concept, risk analysis ve methods, risk assesment and control methods, risk management, risk management structure and applications, risk managemnet techniques.
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, Risk Control Methods
7th Week Risk Management- Risk Planning, Risk Classification and Prioritization
8th Week Risk Management Structure and Applications
9th Week Midterm
10th Week Risk Management Techniques- Delphi Technique, SWOT Analysis, Risk Breakdown Structure
11th Week Risk Management Techniques - Risk Practice Methodology, Plan Evaluation, Brainstorming, Root Cause Identification and Analysis
12th Week Risk Management Techniques - Network Analysis, Risk Modeling, Sensitivity Analysis
13th Week Risk Management Techniques - Monte Carlo Simulation, Project Templates
14th Week Risk Management Techniques - PERT, Data Quality Assessment
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
  • Project
  • Lecture
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 25
Assignment 1 10
Quiz 1 10
Practice 1 10
Project 1 10
Total(%) 65
Contribution of In-term Studies to Overall Grade(%) 65
Contribution of Final Examination to Overall Grade(%) 35
Total(%) 100
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