Singapore University of Social Sciences

Project Risk Management in Construction Projects

Project Risk Management in Construction Projects (BPM503)

Applications Open: To be confirmed

Applications Close: To be confirmed

Next Available Intake: To be confirmed

Course Types: Modular Graduate Course

Language: English

Duration: 6 months

Fees: To be confirmed

Area of Interest: Management

Schemes: Alumni Continuing Education + (ACE+), Lifelong Learning Credit (L2C), Resilience

Funding: To be confirmed

School/Department: School of Science & Technology


Synopsis

This course aims to equip students with the essential skills and knowledge required to manage the risks in construction projects. It provides thorough discussions of the various concepts, tools and techniques involved in risk management process and applications of how these methods can empower the decision making of the project manager. Case studies of risk management in construction projects will be used to demonstrate key principles of project risk management learnt.

Level: 5
Credit Units: 5
Presentation Pattern: Every July

Topics

  • Key Principles of Risk Managements
  • Project Environment and Types of Risks in Construction Projects
  • Risk Management System in Construction Projects
  • Risk Identification Techniques
  • Risks in International Construction Project Joint Ventures
  • Qualitative Risk Assessment
  • Quantitative Risk Assessment
  • Risk Modelling and Simulation for Construction Projects
  • Risk Mitigation Strategies
  • Risk Allocation in Contracting and Procurement
  • Managing Financial Risks
  • Case Studies

Learning Outcome

  • Appraise and identify Project Risk
  • Prepare qualitative risk assessment
  • Prepare quantitative risk assessment
  • Appraise and manage the financial risks
  • Formulate risk response proposals
  • Recommend risk mitigation strategies
  • Examine risks in international projects
  • Set up risk monitoring and control plan
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