Subject Planner

Subject code and title: MEM602 Engineering Risk Management

Subject length: 1 Trimester (12 weeks, or 6 weeks intensive)

Subject Description:
In this subject, you will develop an understanding of risk, its governance, and management in engineering practice, including engineering projects, workplace
safety, hazard reduction, design, research and development, and innovation. This subject covers a range of risk management standards, tools, feasibility
assessments, and analytical methods to improve strategic and operational decision-making in identifying, prioritising, mitigating, developing, implementing
and evaluating risk management processes. You will learn to develop risk management plans, apply methodologies to evaluate and improve reliability and
safety, and apply risk assessment techniques. Lastly, existing and emerging technologies are discussed and how they can be developed and used for the
mitigation and management of risk.

Subject Learning Outcomes (SLO):

SLO a) Develop a systematic risk management approach to strategically and operationally identify, evaluate, analyse, manage and govern risks in an
engineering context.
SLO b) Implement a risk management approach in engineering practice workplace situations.
SLO c) Assess and apply methodologies and tools to improve safety, reliability and to reduce hazards.
SLO d) Develop risk management plans for engineering projects and systems in accordance with appropriate risk management standards.
SLO e) Consider and be able to adapt technologies and innovative ideas to improve risk management processes.

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Delivery Schedule:
Assessment Progression SLOs
Module Module Focus Learning Activities
& Due Date addressed
1. Engineering risk 1.1 Risk concepts, risk definitions, types of risk (such as hazards, Familiarise yourself with assessment
definitions, concepts, Discussion Forum post a, b
accidents). briefs associated with this subject
1 standards
1.2 Risk standards and regulations (ISO31000, IEC62198). Discussion Forum post a, d
2. Engineering risk Discussion Forum post
governance and 2.1 Risk strategy, risk governance, risk communication and reporting. a, b
2 management
2.2 Management roles, responsibility; management framework; Discussion Forum post
a, b, c
developing risk management plans.
3. Risk management Discussion Forum post Assessment 1 Due: Engineering Risk b, c
process, decision making, 3.1 Benefits of risk management; risk-based decision making. Management Case Study (30%)
and evaluation SLO a), b), c)
3
3.2 Risk identification, prioritisation, mitigation, action, evaluation; risk Discussion Forum post b, c
treatment and reduction
4. Reliability, analysis and 4.1 Relevant reliability tools and methodologies used within an Discussion Forum post
assessment in c, d, e
engineering framework
4 technological engineering
environments Discussion Forum post
4.2 Techniques for risk diagnosis and assessment. c, d, e
5. Embedding and Discussion Forum post Assessment 2 Due: Engineering Risk
enhancing risk 5.1 Developing a high level performance framework in managing risk Management Plan (40%) d, e
management in SLO a), b), c), d), e)
5
engineering practice
Discussion Forum post
5.2 Risk, Business Continuity Management and organisational resilience d, e
6. Project-based risk and Discussion Forum post Assessment 3 Due: Technology
6.1 Considerations for effective asset management in engineering
the asset management Report and Presentation (30%) d, e
environment environments
6 SLO a), b), c), d), e)
Discussion Forum post
6.2 Project-based risk and asset management d, e

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Time Management:
Below outlines the minimum time management expectations for students.

12 Week Delivery:
• 20 Hours per module (two weeks): Facilitated study: 3 hours / week. Personal Study: 7 hours / week.
• 3 hours facilitated study consists of attending class, responding to facilitator feedback.
• You are to allocate 7 hours of personal learning. This includes essential time spent on pre-reading and viewing materials, assessment progression and
learning activities.

6 Week Delivery:
• 20 Hours per module: Facilitated study: 6 hours / week. Personal Study: 14 hours / week.
• 6 hours facilitated study consists of attending class, responding to facilitator feedback.
• You are to allocate 14 hours of personal learning. This includes essential time spent on pre-reading and viewing materials, assessment progression
and learning activities.

Learning Activities:
There are learning activities in each module with the types of activities listed in the delivery schedule above. These activities are an essential component of
the subject and they are designed to prepare you for your graded assessment tasks. These learning activities will help you to build your understanding and
skills whilst also collaborating with your peers.
*Detailed information of each activity can be found in their corresponding Module page in Blackboard.

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