Core Module Information
Module title: Strategic Project Risk Management

SCQF level: 11:
SCQF credit value: 20.00
ECTS credit value: 10

Module code: SOE11151
Module leader: Melina Doargajudhur
School The Business School
Subject area group: Management
Prerequisites

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

Description of module content:

The module covers the area of risk management in the project context and is designed to develop your managerial skills and necessary expertise in project risk management principles and practice. The focus is on the importance of project risk management and the need for project managers to plan ahead with respect to this, at the strategic decision level. The module also assists in developing your knowledge on essential risk management theory and concepts such as project risk identification, assessment, monitoring and control, to enhance your managerial, practical, critical and analytical skills as applicable to project environments. You will learn to apply theory and practice, and how to critically evaluate project success and failure using strategic tools designed for project risk management, including qualitative and quantitative risk analysis techniques. This includes case studies analysis used alongside the practical application to analyse and evaluate the steps to reduce risks at the strategic decision level. Crucially, you will also be able to ensure your organisation complies with quality, corporate social responsibility and corporate governance, sustainability, and ethical standards.

Learning Outcomes for module:

Upon completion of this module you will be able to

LO1: Analyse the principles and benefits of risk management for projects, including decision-making
within different sectors

LO2: Critically examine the effects of risk from various sectors and synthesise solutions from a
managerial perspective, including a risk-benefit analysis

LO3: Assess project risks qualitatively and quantitatively by using appropriate software for modelling
risks

LO4: Critically appraise the alignment of sustainability principles, corporate social responsibility (CSR)
and corporate governance with the organisation’s environmental policies

Full Details of Teaching and Assessment
2024/5, Trimester 2, In Person,
VIEW FULL DETAILS
Occurrence: 003
Primary mode of delivery: In Person
Location of delivery: CRAIGLOCKHAR
Partner:
Member of staff responsible for delivering module: Melina Doargajudhur
Module Organiser:


Student Activity (Notional Equivalent Study Hours (NESH))
Mode of activityLearning & Teaching ActivityNESH (Study Hours)NESH Description
Face To Face Lecture 12 The weekly lectures aim at providing a strong theoretical as well as practical grounding on each topic and will cover the conceptual aspects of project risk management, providing theory and examples through a variety of teaching techniques.
Face To Face Seminar 24 The tutorials are designed to help you try out and reinforce your understanding of the material presented in the lectures. During this time, you will have the opportunity to practice hands on skills using the provided material as a guide.
Online Guided independent study 164 The guided independent study is aimed at empowering you to take control of your own learning journey while receiving guidance and support along the way. During this time, you have the flexibility to explore the learning materials at your own pace using the available resources, and through research.
Total Study Hours200
Expected Total Study Hours for Module200


Assessment
Type of Assessment Weighting % LOs covered Week due Length in Hours/Words Description
Project - Practical 50 1~2~3~4 Week 10 HOURS= 15 pages Component 1 is an individual assignment, which is case study based where you will be provided with a list of scenarios to analyse, and subsequently submit a report with evidence of calculations presenting the appropriate solutions.
Report 35 1~2~4 Week 13 , WORDS= 3000 - 3500 Component 2 - Element 1 is a group assignment where each group needs to research, analyse, and prepare a managerial report to advise the senior management on the feasibility of undertaking a project, as well as how to respond to risks associated for different types of projects
Oral Presentation 15 1~2~4 Week 13 HOURS= 10 slides Component 2 - Element 2 is a group presentation where each group needs to submit a recorded presentation based on the report submitted in Element 1.
Component 1 subtotal: 50
Component 2 subtotal: 50
Module subtotal: 100

Indicative References and Reading List - URL:
SOE11151 - Strategic Project Risk Management