Program Director Contact Details:
Project Management
Name: Professor Vernon Ireland
Phone: +61 411 153 861
Email: vernon.ireland@adelaide.edu.au

Name: Mike Salah – CPEng
Master of Engineering Science (Sydney Uni)
Grad Dip in Business Administration (AGSM)
BSc in Civil Engineering (Manchester University)

Short Bio:
Mike is a civil engineer with over 10 years experience as a construction project manager prior to moving to Australia and gaining his Masters in Project Risk Management. For the past 18 years in Australia, Mike has specialised in assisting organisations in both the public and private sectors transform their project and risk management practices to achieve their business objectives and growth goals. His experience covers assisting organisations establish their enterprise and project risk management disciplines, project portfolio prioritisation models, setup and operate their projects & program offices, develop their project & risk management capabilities, review their major projects & improve their project management processes, and provide overall assurance through independent reviews, benchmarking and being part of wider audit teams. Mike is currently a Director in the PricewaterhouseCoopers Project Services team in Sydney, where is specialises in helping organisations improve their project and risk management maturity.

Email: moukhlessalah@hotmail.com

Teaching Staff: Kiran Hiriyanna

Short Bio:
Bachelor of Engineering in Mechanical Engineering (BS Mech), Chartered Member of Institute of Mechanical Engineers,
Master of Business Administration (MBA), Masters of Philosophy, (MPhil),
Kiran is a Project Manager with over 15 years in the defence sector. He has also worked in the water supply and waste water sector. In addition, he has solid experience in the management of design projects in the vehicle, aerospace, rail and naval sector. Kiran’s career started at Sydney Water in the state where he was born and schooled. A change in sector bought him to South Australia to work for Tenix Defence. His career then took him to the United Kingdom, where he gained invaluable experience working for Airbus. He was integral to the development of recently released military and commercial aircraft such as the A400M and A380. More recently, Kiran has been heavily involved in various naval projects in Australia, working for Babcock.

Kiran’s recent experience has provided him with invaluable commercial and project management experience, required to make astute decisions within the Australian business landscape. The projects involved maintenance management of the Collins Class submarines and the delivery of state of the art weapon system for the AWD. Kiran has also successfully led major bids for sustainment of warships. Bids differ to standard delivery projects given the amount of variables which must be contained within the short response time.

Kiran’s career has provided him with exposure to many areas of corporate process. As such, he developed an interest in corporate social responsibility. His MPhil focuses on how organisations can contribute to sustainability without deteriorating their bottom line.

Email: Kiran.hiriyanna@adelaide.edu.au

Phone: 8313 2561

Opening intensive:
Monday 31st & Tuesday 1st April 2014
9am-6pm
Masonic Hall B02 Seminar Room East

Closing intensive:
Wednesday 7th & Thursday 8th May 2014
9am-6pm
Masonic Hall B02 Seminar Room East

1	Knowledge and understanding of advanced risk management techniques
2	Be competent to systematically identify the sources of risk in a new venture, a new product or a project & to analyse, quantify and prioritise risks impacting on a project
3	Understand the use of risk as a design tool
4	Ability to locate, analyse, evaluate and synthesise information from stakeholders
5	Ability to recognise risks and to develop project solutions both individually and in teams
6	Provide leadership in project teams
7	Understanding of contemporary technologies in managing risk including real options
8	Recognition of the need to continue professional development and intellectual curiosity in managing risk
9	Develop willingness to contribute skills in managing risk to community projects
10	Understanding of the need to maintain ethical, social and cultural standards on projects

The University’s preferred textbook supplier is Unibooks: http://www.unibooks.com.au/ 

Available from the library but not required textbook: Bowden, A., Lane, M., and Martin, J., (2001), Triple Bottom Line Risk Management, Wiley.

There is a wide range of material on the course topic available. The following provides some additional reading guidance if you are interested in reading further on the topic.

Chapman, Chris and Ward, Stephen	1997	Project Risk Management, Wiley
Chorafas, Dimitris	2001	Managing Risk in the New Economy, New York Institute of Finance
Clark, Kim & Wheelwright, Steven	1993	Managing new Product and Process Development, HBS
Cooper, Robert	2001	Winning at New Products, 3rd Edition, Perseus Publishing, Cambridge Massachusetts
Crawford, C Merle, and Di Benedetto, C Anthony	2000	New Products Management. Irwin McGraw-Hill
Deschamps, Jean-Philippe and Nayak, P Ranganath	1995	Product Juggernauts, Arthur D Little
Gray, Clifford & Larson, Erik	2000	Project Management, McGraw-Hill.
Jolly Vijay	1997	Commercialising New Technologies, Harvard Business School Press
McGrath, Michael	2001	Product Strategies for High Tech Companies, 2nd Edition, McGraw-Hill
Pickford, James	2001	Mastering Risk, Volume 1: Concepts, Financial Times
Smith, Preston G and Reinertsen, Donald	1995	Developing Products in Half the Time, Van Nostrand Reinhold
Van de Ven, Andrew, Polley, Douglas, Garud, Raghu, & Venkataraman, Sankataran	1999	The Innovation Journey, Oxford UP

Library Resources
The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. The University Library web page is: http://www.adelaide.edu.au/library/ 
From this link, you are able to access the Library's electronic resources.

Other resources
If you are a member of the PMI (http://www.pmi.org/Membership.aspx) you will “gain exclusive access to PMI publications and our global standards*, networking options with our chapters and online communities of practice, and leadership and volunteer opportunities. You’ll also receive discounts on certification exams and renewals, as well as our professional development offerings.” Student membership is USD$40 to join and USD$30 to renew.

* Log in to access complimentary read-only PDFs of all of PMI's published standards or take advantage of discounts on paperback editions
http://www.pmi.org/PMBOK-Guide-and-Standards/Standards-Library-of-PMI-Global-Standards.aspx

MyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study (see: https://myuni.adelaide.edu.au)

This course is offered in blended learning mode with the face-to-face component offered as intensives.

As a guide, a 3 unit course comprises a total of 156 hours work (this includes face-to-face contact, any online components, and self directed study).

This is a draft schedule and session dates are a guide only. The timetable may be changed during the course delivery if necessary.

Intensive	Date	Content	Readings/Activities
1 & 2	31st March & 1st April	Introduction to Risk and why we need to Manage our Risks	Text book, additional reading and the Risk Management Magazine *
		AS/NZS/ISO 31000:2009 – Risk Management Standard	Text book, additional reading and the Risk Management Magazine *
		Summary – Applying the Risk Management Process	Text book, additional reading and the Risk Management Magazine *
		Discuss Assignment 1; Examples and tools; Case Study	Text book, additional reading and the Risk Management Magazine *
3 & 4	7th & 8th May 2014	Introduction; Project Selection (under uncertainty)	Text book, additional reading and the Risk Management Magazine *
		Project Delivery and Execution	Text book, additional reading and the Risk Management Magazine *
		Establishing effective Risk Management	Text book, additional reading and the Risk Management Magazine *
		Discuss Assignment 2; Case Studies & additional examples	Text book, additional reading and the Risk Management Magazine *
* Risk Management Magazine http://newsletters.keymedia.com.au/5843.aspx  And www.rmmagazine.com

Assessment No.	Form of Assessment/Collaborative Task	Length (in word count)	Weighting	Due Date	Learning outcomes covered (see 2.1 for detail)
1	Group Assignment – Risk Management Plan	Minimum 3,000 words & 15-25 Powerpoint slides	30%	29/04/2014	1,2,5
2	Individual Assignment – Risk Management Framework	4,000 words approx.	50%	05/06/2014	3,4,7,10
3	Individual Assignment – Risk Management (additional task)	2,000 words	20%	05/06/2014	6,8,9
	Total		100%

Students must complete all course assessment requirements and must attend lectures to be eligible to pass the course.

Course results are subject to moderation by the ECIC Board of Examiners

Assessment 1: Risk Management Plan (Group Assignment)
Weighting: 30%
Due Dates: 29th April 2014
Submission Details: Online through MyUni
• Only submissions sent via MyUni will be accepted. If you fail to do so, you will receive no marks for your assignment.
• Submit 3 files only (1 pdf file, 1 ppt file, and 1 excel file). Do not zip the files.
• All filenames must be the SID of the group member submitting the file followed by the Assignment Title. For example:
o A1164033 - Assignment 1.pdf
o A1164033 - Assignment 1.xls
o A1164033 - Assignment 1.ppt
• The names and student Id’s of group members must be clearly marked on the first page of the Report and Presentation.
• Failing to meet these rules may result in a penalty of up to 5% being imposed on your group’s assignment.

Task:
Form groups of 2 or 3 people and complete a risk analysis and management plan for a project of one of the members of the group. You may use the approach of AS/NZS/ISO 31000:2009, with the addition of Critical Success Factors, Targets and Tolerances, or Bowden, Lane and Martin’s approach.

Length and Presentation:
Submit a Powerpoint Presentation of 15-25 slides plus a Report (PDF) of at least 3,000 words outlining the study and the treatment plan (Excel file).

Tips for completing the Group Assignment include:
• Present the document in a clear, professional and concise format
• Treat it as if you are addressing a client audience
o Think of what information is important to the client
o Use the correct language
• Don’t make graphs too complex!
• It is recommended that you follow the methods used in the lectures

Criteria by which your assignment will be marked:
The standards by which the assignment will be assessed are included in the marking criteria below:

1. Introduction to the project.
2. Introduction to Risk Management method
3. Application of Risk Management Process to the project
a. Establish context
b. Risk identification
c. Risk analysis
d. Risk evaluation
e. Risk treatment (Treatment Strategy, Treatment Plan and Contingency Plan)
f. Communication and consult
g. Monitoring and review
4. Use of Tools
5. Presentation
6. Conclusion / Summary of findings

Overall Total - 100 Marks

Learning objectives with this assessment (refer to section 2.1): 1,2,5



Assessment 2: Risk Management Framework (Individual Assignment)
Weighting: 50%
Due Dates: 5th June 2014
Submission Details: Online through MyUni
• Only submissions uploaded via MyUni will be accepted. If you fail to do so, you will receive no marks for your assignment.
• Submit 1 file only (1 pdf file). Do not zip the file.
• The filename must be the SID of the student submitting the file followed by the Assignment Title. For example:
o A1164033 - Assignment 2.pdf
• The name and student Id must be clearly marked on the first page of the Report.
• Failing to meet these rules may result in a penalty of up to 5% being imposed on the individual’s assignment.
Task:
From the list of articles below, and taking account of Chapters 10-17 of Bowden, Lane and Martin, write a Risk Management Manual for a company/environment of your choosing. The manual should be designed so that a Project Manager can effectively manage risks on project/s within the organisation. This Manual needs to state procedures to follow in conducting risk analyses and treatment.

Articles for review
• New products: Problems and Pitfalls, p 22-49, Cooper;
• The impact of risk and uncertainties on financial institutions – Chorafas p3-24
• Managing risk, Clifford Gray and Erik Larson, Project Management, Irwin 2000

Length and Presentation:
Submit a Report (PDF) between approx. 4,000 words. Tips for completing the Individual Assignment include:
• Make sure you present it as a Manual
• Write it specifically for a single company – Integrate information specific to the working environment
• Roadmaps are important and diagrams should be explained!

The “interpretation of the standard” should explain what a reader needs to do in each risk stage.

Criteria by which your assignment will be marked:
The standards by which the assignment will be assessed are included in the marking criteria below:

1. Introduction to Manual and Purpose
2. Introduction to Risk Management importance
3. Risk Management Roadmap
4. Risk Management Process (summary of AS/NZS/ISO 31000:2009)
5. Interpretation of this process to the context of the company
6. Identification and description of recurring risks in the company
7. Use of Tools and Templates throughout the manual
8. Case Study (application of RM framework to a practical example)
9. Questions / Answers / Contacts and Appendix

Overall Total - 100 Marks

Learning objectives with this assessment (refer to section 2.1): 3,4,7,10



Assessment 3: Risk Management Future Trends (Individual Assignment)
Weighting: 20%
Due Dates: 5th June 2014
Submission Details: Online through MyUni
• Only submissions uploaded via MyUni will be accepted. If you fail to do so, you will receive no marks for your assignment.
• Submit 1 file only (1 pdf file). Do not zip the file.
• The filename must be the SID of the student submitting the file followed by the Assignment Title. For example:
o A1164033 - Assignment 3.pdf
• The name and student Id must be clearly marked on the first page of the Report.
• Failing to meet these rules may result in a penalty of up to 5% being imposed on the individual’s assignment.


Task:
Purpose is to research future trends in the theory and application of Risk Management. This could be new ways or tools or technology to undertake the risk management process. Or new industries and sectors who are applying the risk management such as RM in Security, Anti-Terrorism, Sport, Wars.

‘This exercise requires wider research and reading such as The Australian newspaper (business section) or the Risk Management Magazine, or Harvard Business Review magazine.

It is not a straight forward assignment, it requires wider reading and research, comparable to a masters degree.’

[See links in section 4.3. Harvard Business Review can be viewed throught the Library’s online publications]

Length and Presentation:
Submit a Report (PDF) approx. 2,000 words.

Criteria by which your assignment will be marked:
The standards by which the assignment will be assessed are included in the marking criteria below:

1. Innovativeness and creativity of the subject of the research Subject – 5 Marks
2. Relevance and importance of the research – 5 Marks
3. Presentation and writing quality of the research paper – 10 Marks

Overall Total - 20 Marks

Learning objectives with this assessment (refer to section 2.1): 6,8,9

All text based assignments must be submitted via MyUni.
Please refer to step by step instructions: http://www.adelaide.edu.au/myuni/tutorials/files/AssignmentStudentSubmission.pdf

There are a few points to note about the submission of assignments:

• Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
• Cover Sheet:  Please submit, separate to your assignment, the completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
• Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
• Extensions of Time:  Any request for an extension of time for the submission of an assignment should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine extenuating circumstances and proof, such as a doctor’s certificate, may be required.
• Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in section 5.2 or 5.3).  Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.