Engineering Risk Analysis
University of Melbourne
Area of Study
Civil Engineering, Engineering Science, Environmental Engineering, Mechanical Engineering
Taught In English
ONE OF the following subjects:
MAST10007 Linear Algebra
MAST10008 Accelerated Mathematics 1
And ONE OF the following subjects:
ENGR10003 Engineering Systems Design 2
ENVS10002 Reshaping Environments
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3 - 4
Recommended U.S. Quarter Units4 - 6
Hours & Credits
OverviewAIMSThis subject will focus on how risk analysis and management principles and techniques can be applied to engineering projects. The subject introduces a range of risk analysis techniques, which are put in the context of engineering projects and analysed using the framework of the risk standard (AS/NZS ISO 31000:2009). Risk is a fundamental concept that is applied to every engineering project, whether it is ascertaining the risk of health impacts of water treatment processes, prevention of loss of life by flood mitigation projects, or catastrophic losses caused by the failure of structure in earthquakes or storms.The subject is of particular relevance to students wishing to establish a career in Engineering management, but is also of relevance to a range of engineering design disciplines where design for the total life cycle of the product or infrastructure should be considered.INDICATIVE CONTENTTopics covered include: an introduction to the history of engineering failures; the forms of risk and risk identification; project risk analysis; the sociological implications of acceptable risk; approaches to risk management, monitoring for compliance, risk perception and design implications.INTENDED LEARNING OUTCOMES (ILO)On completion of this subject the student is expected to:1. Identify information sources and risks for engineering projects2. Identify and develop a plan for managing risks and opportunities3. Use statistical methods to analyse empirical data and develop a risk based simulation model. Undertake a sensitivity analysis to identify critical variables that have the potential for threatening the success of a project4. Use simulation and Engineering Reliability techniques to predict the occurrence of failures of engineering projects5. Implement a risk management framework based on AS/NZS/ISO 31000: 2009 including the context establishment, risk identification, risk analysis, risk evaluation, risk treatment6. Identify and classify risk in terms of their severity and likelihood7. Use tools to diagrams to assist in identifying and representing risks8. Define a range of performance metrics for an engineering system.Assessment:2-hour examination held at the end of semester (60%)Assignments totaling 3000 words, requiring approximately 30 hours of work per student, due mid-semester and end of semester (30%)Attendance and contribution to discussion in tutorials, during semester (10%)Intended Learning Outcomes (ILOs) 1 - 8 are assessed in the assignments and contribution in tutorials. ILOs 3, 4 and 5 are assessed in the end of semester examination.
Courses and course hours of instruction are subject to change.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.