MG7026 – Risk Management
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
- 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.
