MBS684 Managing Strategic Risk and Projects

Task:

This unit covers Strategic Risk Management (SRM) and Project Management (PM) fundamentals. Students will develop their project and risk management skills and improve their capabilities to deliver projects to a successful completion. Topics include project creation and planning, scheduling, analysis, resource management, control of projects during their development and execution phases, risk theories and leadership in the context of project and risk management. The focus of this unit is applied learning of best project management practices.

Prerequisites

Enrolment in a graduate-level course.

Aims of the unit

The broad aims of this unit are:
1. To provide insight on strategic risk management principles, practices and procedures;
2. To demonstrate an understanding of how project and risk management adds value to the organisation;
3. To enable students to know how to successfully manage projects;
4. To provide a thorough grounding in the fundamental skills required to lead a team and a project;
5. To provide a critical overview of project management principles, frameworks and processes.

Learning outcomes for the unit

On successful completion of the unit you should be able to:
1. Evaluate external and internal risks facing an enterprise using contemporary theories of risk management;
2. Demonstrate understanding of project management knowledge areas;
3. Have the ability to develop key project management documentation;
4. Exhibit team leadership in a project management context;
5. Communicate to the stakeholders the progress of the project against established deliverables.