Project Risk Management from Open Universities Australia and the University of South Australia provides you with the key skills and analysis techniques needed to make the correct decision in the world of business and beyond. Through using real life examples and evaluations, this unit will provide you with the key skills to understand strategic risk and operational risk as well as developing your problem solving and management abilities.
As well as teaching you how to solve certain issues, the unit will aim to allow you to predict and analyse potential aspects of a business that could lead to uncertainty. The unit will enrich you with knowledge of previous errors in business and the lessons that have been learned from major incidents.
A wide variety of analytical skills and tools will be taught and used with numerous different types of business projects so you can have an overview of a range of business areas. Your enhanced skills will allow you to identify, analyse and evaluate risk in complex project environments and understand both local and international business and the importance and danger of risk when managing projects.
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To enrol in this unit, you must be accepted into one of the following courses:
Master of Project Management (Assets and Facilities)
Graduate Certificate in Project Management
Graduate Diploma in Project Management
Master of Project Management
This unit is a core requirement in the following courses:
Master of Project Management (Assets and Facilities), University of South Australia
Graduate Certificate in Project Management, University of South Australia
Graduate Diploma in Project Management, University of South Australia
Master of Project Management, University of South Australia
Content may also be relevant to other courses, and could qualify you for Recognition of Prior Learning (RPL) for a course offered by another institution.
Areas of study
In this Project Risk Management unit, the topics you will study include:
Examination of alternative methodologies
Risk identification, analysis and evaluation
Risk at different phases of project lifecycle
Risk tools and techniques
Risk mitigation and treatment methods
Computer based risk management and compliance systems
Project risk knowledge management and lessons learnt
This unit could prove useful to those wishing to enter the world of business, especially at a management or project management level. The University of South Australia unit proves especially popular with those hoping to work for large corporations or have a career in finance or business.
The analytical skills taught mean that you can understand the risks involved in business that could prove beneficial in project management, working in finance, working in the stock exchange or working at a management level in any business.
If you are an Australian citizen, you may be eligible to receive a government FEE-HELP loan, meaning you can defer payment of your fees.
You may be eligible to receive FEE-HELP for this course!
This course can be paid for through the FEE-HELP government loan scheme. If you are an Australian citizen or hold a permanent humanitarian visa, this means you don’t need to pay upfront.
Instead, the Australian government will pay your course fees on your behalf. You’ll begin repaying your loan through the tax system once you start earning more than the minimum threshold of $54,869 (2016-17 income year).
For two decades, Open Universities Australia (OUA) has partnered with leading Australian educators to make tertiary-level courses easier to access for people, no matter their background, their work status or their other life commitments. OUA has built up their reputation by making education more flexible, easier to tailor and available almost entirely online.
OUA's devotion to online education remains to this day, but where they once focused on higher education, today they offer the broadest set of post-secondary education and training programs in Australia.
Open Universities Australia offers a range of administrative and student support options. As a student of OUA you will have access to four hours of free expert tutoring support for each unit undertaken through the tutoring service SMARTHINKING. This on-demand service allows you to get fast, detailed feedback on your assignment drafts and gives you access to your tutor in real time.
The My OUA portal is an online student medium that allows you access to all your course and enrolment information as well as access to student forums and assessment tips.