Study Guide

Learning outcomes

The student is able to:
- understand the signification of the risk management in different administrative and industrial sectors
- identify, evaluate, quantify and monitor potential risks
- make suggestions for risk avoidance and reductions
- project management tools in efficient project management

Implementation and methods of teaching

This course is a virtual course. The contact learning lectures are held online. The main course assignment can be done in pairs or individually. Smaller assignments are done individually. The course is evaluated based on course assignment and other assignments given.

Timing and attendance

The course is held during the fall semester.

Learning material and recommended literature

All the materials will be achievable online and links can be found in Moodle.

Alternative completion methods

Arrangements will be agreed with the teacher in responsible of the course.

Working life cooperation

Visitor lecture(s) from business side.

Exam retakes

Will be informed in the beginning of the course.

Learning environment

Zoom and Moodle

Student time use and work load

The average work load for this course is estimated to be 135 hours (5 ECTS). The time allocation for on-line lecture learning is about 20 hours. Student will complete Course Assignment (65h), and in addition also other assignments and quizes.

Contents

The course observes the basic tools used in project management such as stakeholder analysis, project charter, WBS, time scheduling methods, and resource planning. Also, risk analysis and risk management tools are introduced.

Additional information for students: previous knowledge etc.

No prerequisites

Assessment criteria

All of the assignments and exam must be done (and approved).

Assessment scale

1-5

Failed (0)

Does not meet the competence requirements of the course.

Assessment criteria: level 1 (assessment scale 1–5)

a student
- knows the most common project management tools and how to use them
- understands the importance of risk assessment
- knows the risk management process and the tools

Assessment criteria: level 3 (assessment scale 1–5)

a student
- knows the project management tools and how to use them in different type projects
- understands the importance of risk assessment
- knows the risk management process and the tools

Assessment criteria: level 5 (assessment scale 1–5)

a student
- is able to analyze and decide which project management tools are reasonable to utilize in different type of projects
- identifies and is able to tackle the complexity issues that may occur
- understands the importance of risk management
- is able to analyze risks with different tools

Learning outcomes

The student is able to:
- understand the signification of the risk management in different administrative and industrial sectors
- identify, evaluate, quantify and monitor potential risks
- make suggestions for risk avoidance and reductions
- project management tools in efficient project management

Assessment scale

1-5