Foundations of Risk Analysis and Risk Science

Course description for the year:

2026 - 2027

2025 - 2026

2024 - 2025

2023 - 2024

2022 - 2023

Facts

Course code RIS505

Credits (ECTS) 10

Semester tuition start Autumn

Language of instruction Engelsk

Number of semesters 1

Exam semester Autumn

Time table View course schedule

Literature The syllabus can be found in Leganto

Introduction

This course covers fundamental issues related to risk analysis and risk science, with emphasis on basic concepts and principles. Risk analysis and science here includes risk assessment, risk characterization, risk perception, risk communication, risk management, risk governance and policy relating to risk.

Innhold

This course covers fundamental issues related to risk analysis and risk science, with emphasis on basic concepts and principles. Risk analysis and science here include risk assessment, risk characterization, risk perception, risk communication, risk management, risk governance and policy relating to risk. More specific topics include: What is risk analysis and risk science? The distinction between applied risk analysis and generic (fundamental) risk analysis. The risk concept. Risk metrics and characterizations. Risk, uncertainties and knowledge. Surprises and the unforeseen (black swans). The probability (likelihood) concept. Related concepts like hazards, threats, opportunities, vulnerabilities, resilience, safety, security and risk source. Basic risk assessment and management principles, approaches and methods. Theories of risk perception and communication.

Læringsutbytte

After completing the course the student shall have achieved the following learning outcomes:

Knowledge

Have in-depth knowledge of central concepts, principles, methods and models of risk analysis and risk science, covering risk fundamentals, risk assessment, risk characterization, risk perception, risk communication, risk management, risk governance and policy relating to risk.

Skills:

Be able to identify, define and explain state of the art concepts, principles, methods and models of risk analysis and risk science.
Be able to demonstrate how basic concepts, principles, methods and models are used in risk analysis and risk science settings.
Be able to evaluate and justify the suitability and application of concepts, principles, methods and models of risk analysis and risk science.

General competence

having a risk science perspective on current societal risk issues and problems.

Required prerequisite knowledge

None

Exam

Skriftlig eksamen

Weight 1/1

Duration 4 Timer

Marks Bokstavkarakterer

Aid Godkjent enkel kalkulator

Exam system WISEflow

Digital exam.

Arbeidsformer

2 hours teaching per week. Student-active methodology is a key element in the pedagogical work form. The course is based on the use of pre-recorded videos reflecting basic curriculum and discussion of key issues related to this curriculum in the teaching.

Overlapping courses

Course	Reduction (SP)
Risikoanalyse og -styring (RIS500_1) , Fundamentale temaer innen risikofag og risikovitenskap (RIS505_1)	10
Grunnleggende temaer innen risikostyring og risikovitenskap (RAG500_1) , Fundamentale temaer innen risikofag og risikovitenskap (RIS505_1)	10
Fundamentale temaer innen risikofag og risikovitenskap (RIS505_1) , Risikobasert styring (SAM510_1)	5

Open for

Course open to all Master students at TEK/NAT and Faculty of Social Sciences.

Admission requirements

Must meet the admission requirements of one of the study programmes the course is open for.

Course assessment

The faculty decides whether early dialogue will be held in all courses or in selected groups of courses. The aim is to collect student feedback for improvements during the semester. In addition, a digital course evaluation must be conducted at least every three years to gather students’ experiences.

Contact

Instituttleder:

Tore Markeset

Faglærer:

Terje Aven

Emneansvarlig:

Roger Flage