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This is the study programme for 2019/2020. It is subject to change.


The course addresses, at a more advanced level, selected current topics in the field of risk management. The course is based on relevant articles and books and is carried out as a project work where students prepare a report on pre-defined topics, which is presented to the other students.

Learning outcome

After taking and passing the course student shall:
Knowledge
- have in-depth knowledge of the selected topics in risk management that the student has been working on
- have some knowledge of the selected topics in risk management that the other students have been working on
Skills
- have the ability to specialize in a more closely defined field
- have the ability to independently process scientific literature in the risk management field, with emphasis on achieving a stringent written presentation where critical analysis and reasoning are the main elements; this means a logically structured presentation that is characterised by presentation and discussion of various definitions and perspectives, and reflection on assumptions and results
General competence
- have the ability in writing and orally to communicate scientific problems related to risk management

Contents

The course addresses, at a more advanced level, selected current topics in the field of risk management, such as: foundational issues; perspectives and conceptualisations of risk; risk and decision analysis; uncertainty in risk analysis; risk management policies such as risk acceptance criteria, the ALARP principle, the cautionary principle and the precautionary principle; risk indicators and accident statistics; risk and economy, including cost-benefit analysis; reliability analysis and maintenance optimisation; and infrastructure risk and resilience. The topics addressed in the course will vary. The course is based on relevant articles and books and is carried out as a project work where students work individually (alternatively in groups of two if there are too many students to provide guidance on an individual basis) and prepare a report on pre-defined topics (among these 1 self-chosen topic and 1 assigned topic), which is presented to the other students. The selection of topics available for students on the study programme master in risk management is adapted to the chosen specialisation. Students can choose to see the project work in relation to the master thesis work in the 4th semester.

Required prerequisite knowledge

One of the following alternatives:
  • RIS500 Risk analysis and risk management
  • RAG500 Foundations of risk analysis and governance

Exam

Weight Duration Marks Aid
Report1/1 A - F
The students shall write a report of 20-30 pages. The problems to be answered will be made available to the first lecture, and the students shall within 15 weeks of the problems being made available submit the final report.

Coursework requirements

Participation
The students shall within defined deadlines submit a rough sketch of solution (interpretation of the problem and plan for the work), a first draft, second draft and third draft of the report.
The student shall present the written material to the teacher and to the other students. Some gatherings (lectures, seminars and student presentations) will be held throughout the semester. Attendance at all student presentations is mandatory and a precondition for access to exam/submission of the report.

Course teacher(s)

Course coordinator
Roger Flage
Head of Department
Tore Markeset

Method of work

Lectures and individual work or group work (the latter if there are too many students to provide guidance on an individual basis). Student-active methodology and close dialogue between student and teacher are key elements in the pedagogical work form.

Open to

Master level at the Faculty of Science and Technology

Course assessment

The course is evaluated in line with Faculty guidelines and plans.

Literature

Selected articles and books: For each problem (see description of course contents) 2-4 literature references (articles/books) are given to serve as a starting point for answering the problems; in addition comes the literature found by the students themselves through literature searches.


This is the study programme for 2019/2020. It is subject to change.

Sist oppdatert: 22.08.2019