There are no pre-requisites for this module to be added

The aim of this module is to provide an overview of the risk management methodologies as well as an advanced understanding of the techniques used in risk management and analysis of construction projects in UK and worldwide (where applicable). The module introduces various risk analysis techniques applicable in construction-related businesses. On completion of the module, you are expected to have an improved knowledge on the following: - Principles and methodology of risk management - Decision analysis, evaluation and methods for Risks and Uncertainties - Theory on types of risks and the rational approaches to managing risks in national and international projects- Application of Utility Theory to construction and other projects- The Health and Safety Risks in Construction projects and advances in relevant legislation and regulations.

Upon completion of this module you will be able to

LO1: Appreciate the principles of risk management and decision-making within the context of construction projects.

LO2: Critically apply the qualitative and quantitative tools and techniques of risk analysis.

LO3: Critically examine and analyse the effects of risk and uncertainty from multiple construction projects and synthesise solutions from a corporate perspective.