Project Risk and Resiliency

6 unitsSem 2In Person

Research School of Management · ANU College of Business and Economics

About this course

Project risk & resiliency (PRR) explores the management of the risks and issues that arise before and during a projects execution. This involves: development of a conceptual framework, analysis of the way in which risks and issues influence project decisions, and examination of processes to manage risks and issues throughout the life of a project. PRR does not align with any particular methodology in risk and issue management. Armed with the theoretical principles and techniques that we will explore, students will be able to evaluate the appropriateness and gauge the limitations of the approaches used within their own organisations. AS/NZS ISO 31000:2009 (a case in point), is found to be a special instance of the general risk framework covered in PRR. The objective of PRR is to equip students with essential skills that will enable them to participate meaningfully in the management of project risk and issues.

Learning outcomes

1Describe the unique characteristics and challenges in creating and maintaining a governance framework which supports (and documents) transparent decision-making;
2Explain with examples and illustrate the limitations of risk management tools and techniques;
3Critically discuss the nature of risk and its impact on the project environment;
4Develop a strong knowledge of the interdependencies of the cyclical risk management process (identification, analysis, treatment, monitoring);
5Analyse the quality of a project risk management framework in real-life scenarios; and,
6Create a project risk management plan for the delivery of projects of scaleable sizes.

Assessment

Weights and hurdle requirements come straight from the imported ANU record.

Typical assessments may include, but is not restricted to: in-class exercises, written and oral assignments, quizzes, examinations, group project tasks, oral presentation, and other assessment deemed appropriate to show attainment of the learning outcomes set for the course. Further details will be made available via the Class Summary.

Learning outcomes 1, 2, 3, 4, 5, 6

100%

Development of a Project Risk Management Plan. Further details, including % value, will be made available via the Class Summary.

Learning outcomes 1, 2, 3, 4, 5, 6

Study expectations

Study information

Students taking this course are expected to commit 130 hours to completing the work. For semester length offerings this will typically include 3 hours per week in class and at least 7 hours a week on average (excluding non-teaching weeks) on course reading, research, writing and assessment work. Where this course is offered in intensive delivery mode as a continuous block over a shorter period of time, the expected total time commitment for this course will be 130 hours.

Texts and reading

Information about the prescribed textbook (if any) will be made available via the Class Summary.

Course essentials

Academic year: 2026
Course subject: MGMT
Subject name: Management
Academic career: PGRD
School: Research School of Management
College: ANU College of Business and Economics
Convener: Simon Thompson
Delivery: In Person
Unit value: 6 units
EFTSL: 0.125
Last source update: Not listed

View the ANU course source

Fees

International fee paying students: International · 2026 · Course basis; $7,020
Student Contribution Band Code 34: Commonwealth supported · 2026; ANU contribution-band code 34
Estimated domestic fee: ≈ $4,920; Estimated from the median of 40 similar courses in the ANU College of Business and Economics. ANU's page didn't list a fee we could read, so this isn't the official fee.

Areas and attributes

Areas of interest

ManagementProject Management