| Course Type | Elective Course |
|---|
| Course Level | Master's Degree With Thesis |
|---|
| Year of Study | - |
|---|
| Semester | - |
|---|
| ECTS | 10 |
|---|
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Identify the fundamental types of risks in construction projects and analyze their impacts on project processes,
- Identify qualitative and quantitative risk analysis methods and apply them when appropriate,
- Evaluate appropriate risk response strategies and develop a risk management plan aligned with project conditions.
|
| Mode of Delivery | Face to face |
|---|
| Prerequisites | No |
|---|
| Recommended Optional Programme Components | None |
|---|
| Course Description | This course aims to equip students with the necessary skills to correctly and effectively identify and predict all the possible risks in any construction project easily by giving them the necessary knowledge, practical guides, and techniques. |
|---|
| Course Contents |
| WEEK |
TOPICS |
|
1st Week |
Introduction to risk management and key concepts |
|
2nd Week |
Sources of risk in construction projects |
|
3rd Week |
Risk management process and international standards |
|
4th Week |
Risk identification techniques |
|
5th Week |
Qualitative risk analysis |
|
6th Week |
Quantitative risk analysis: basic methods |
|
7th Week |
Quantitative risk analysis: Monte Carlo and applications |
|
8th Week |
Midterm |
|
9th Week |
Risk response strategies |
|
10th Week |
Risk allocation in construction contracts |
|
11th Week |
Financial risks and cost uncertainties |
|
12th Week |
Occupational health and safety risks |
|
13th Week |
Environmental and social risks |
|
14th Week |
Risk monitoring, control, and reporting |
|
15th Week |
Case studies and project presentations |
|
| Recommended or Required Reading | 1. Smith, N.J., Merna, T., Jobling, P. (2014). Managing Risk in Construction Projects, 3rd Edition, Wiley-Blackwell. |
|---|
| Planned Learning Activities and Teaching Methods |
- Lecture
- Questions/Answers
- Presentation
|
|---|
| Assessment Methods and Criteria |
|
Quantity |
Percentage (%) |
| Mid-term |
1 |
30 |
| Assignment |
1 |
10 |
| Quiz |
1 |
20 |
| Total(%) |
|
60 |
| Contribution of In-term Studies to Overall Grade(%) |
|
60 |
| Contribution of Final Examination to Overall Grade(%) |
|
40 |
| Total(%) |
|
100 |
|
| ECTS Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| Midterm exam |
1 |
2 |
2 |
| Preparation for Quiz |
1 |
50 |
50 |
| Individual or group work |
14 |
3 |
42 |
| Preparation for Final exam |
1 |
80 |
80 |
| Course hours |
14 |
3 |
42 |
| Preparation for Midterm exam |
1 |
60 |
60 |
| Laboratory (including preparation) |
|
|
|
| Final exam |
1 |
2 |
2 |
| Homework |
1 |
20 |
20 |
| Quiz |
1 |
2 |
2 |
| Total Work Load | 300 |
| Total Work Load / 30 (h) | 10 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | English |
|---|
| Work Placement(s) | No |
|---|
