Understanding risk management concept and methods at undergraduate level
Prerequisite(s)
-
Corequisite(s)
-
Special Requisite(s)
-
Instructor(s)
Assist. Prof. Dr. Mehmet UĞURAL
Course Assistant(s)
-
Schedule
The course is not opened for this semester.
Office Hour(s)
The course is not opened for this semester.
Teaching Methods and Techniques
Oral presentation, recitation, homework
Principle Sources
- Alexander, C. "The Handbook of Risk Management and Analysis", Wiley, 1997.
- Vose, D. "Quantitative Risk Analysis", Wiley, 1996
Other Sources
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Course Schedules
Week
Contents
Learning Methods
1. Week
Risk concept and analytical definition of risk
Oral presenatation
2. Week
Risk concept and analytical definition of risk
Oral presenatation
3. Week
Risk management areas and properties
Oral presenatation
4. Week
Risk management areas and properties
Oral presenatation
5. Week
Risk evaluation techniques, methods and evaluation tools
Oral presenatation
6. Week
Risk evaluation techniques, methods and evaluation tools
Oral presenatation
7. Week
Definition of Classic, Bayesian, Fuzzy logic and other risk decision models
Oral presenatation, recitation
8. Week
Definition of Classic, Bayesian, Fuzzy logic and other risk decision models
Oral presenatation, recitation
9. Week
Definition of Classic, Bayesian, Fuzzy logic and other risk decision models
Oral presenatation, recitation
10. Week
Decision making according to Goals, Timing, Cost, opportunity cost risks.
Oral presenatation, recitation
11. Week
Decision making according to Goals, Timing, Cost, opportunity cost risks.
Oral presenatation, recitation
12. Week
Strategic risk management techniques in construction sector.
Oral presenatation, recitation
13. Week
Strategic risk management techniques in construction sector.
Oral presenatation, recitation
14. Week
Practice
Oral presenatation, recitation
15. Week
16. Week
17. Week
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
30
Homework / Term Projects / Presentations
2
20
Final Exam
1
50
Program Outcomes
PO-1
Adequate knowledge in mathematics, science and engineering subjects pertaining to the relevant discipline; ability to use theoretical and applied knowledge in these areas in the solution of complex engineering problems.
PO-2
Ability to formulate, and solve complex engineering problems; ability to select and apply proper analysis and modeling methods for this purpose.
PO-3
Ability to design a complex systemi process, device or product under realistic constraints and conditions, in such a way as to meet the desired results; ability to apply modern design methods for this purpose.
PO-4
Ability to select and use modern techniques and tools needed for analyzing and Solving complex problems encountered in engineering practice; ability to employ information technologies effectively.
PO-5
Ability to design and conduct experiments, gather data, analyze and interpret results for investing complex engineering problems or discipline specific research questions.
PO-6
Ability to work efficiently in intra-disciplinary and multi-disciplinary teams; ability to work individually.
PO-7
Ability to communicate effectivley, both orally and in writing; knowledge of a minimum of one foreign language; ability to write effective reports and comprehend written reports, prepare design and production reports, make effective presentations, and give and receive clear and intelligible instruction.
PO-8
Awareness of the need for lifelong learning; ability to access information, to follow developments in science and technology, and to continue to educate him/herself.
PO-9
Knowledge on behavior according ethical principles, professional and ethical responsibility and standards used in engineering practices.
PO-10
Knowledge about business life practices such as project management, risk management, and change management; awareness in entrepreneurship, innovation; knowledge about sustainable development.
PO-11
Knowledge about the global and social effects of engineering practices on health, environment, and safety, and contemporary issues of the century reflected into the field of engineering; awareness of the legal consequences of engineering solutions.
Learning Outcomes
LO-1
Identifies risk concept.(KNOWLEDGE)
LO-2
Estimates risk.(SKILL)
LO-3
Analyzes risk.(SKILL)
LO-4
Applies required evaluations for risk management.(SKILL)
