Epoka University

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
CE 416	B	2	2	2	0	3	7.5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	Dr. Julinda Keçi jkeci@epoka.edu.al
*Main Course Lecturer (name, surname, academic title/scientific degree, email address and signature)* and Office Hours:**	Dr. Julinda Keçi jkeci@epoka.edu.al , Wednesday 13:45-16:00
*Second Course Lecturer(s) (name, surname, academic title/scientific degree, email address and signature)* and Office Hours:**	NA
Language:	English
Compulsory/Elective:	Compulsory
Study program: (the study for which this course is offered)	MSc in Civil Engineering, Profile: Construction Management
Classroom and Meeting Time:
Teaching Assistant(s) and Office Hours:	NA
Code of Ethics:	Code of Ethics of EPOKA University Regulation of EPOKA University "On Student Discipline"
Attendance Requirement:
Course Description:	-
Course Objectives:	The primary course learning objectives are for the student to have: - A broad knowledge of risk concepts, principles and terminology; - A good comprehension of how major project risks are identified and assessed; - An understanding of specific risk analysis methodologies and the ability to apply them in practice; and - An up-to-date knowledge of risk management best practices in the construction industry.

BASIC CONCEPTS OF THE COURSE

COURSE OUTLINE

Week	Topics
1	General Introduction
2	Putting Risk into Perspective
3	Risk and Uncertainty in Construction projects
4	Contracts and Risks
5	Risk Management System
6	Project Risk Identification
7	Project Risk Analysis: Qualitative and Quantitative Risk Analysis
8	Project Risk Analysis: Qualitative and Quantitative Risk Analysis
9	Project Risk Analysis: Applications
10	Risk Response Planning, Risk Monitoring and Controlling
11	Decision Analysis Considering the Project Constraints: Time, Cost and Quality
12	Sensitivity, Breakeven and Scenario Analysis
13	Risk Management in Public-Private Partnership Deliveries
14	Simulation, Case study

Prerequisite(s):	-
Textbook(s):	- Managing Risk: In Construction Projects, by Nigel J. Smith, T. Merna, P. Jobling, 3rd Edition, 2014, Wiley. - Risk Management and Construction, Roger Flanagan, George Norman, 1993, Wiley. - Risk Management for Design and Construction, Ovidiu Cretu, Robert B. Stewart, Terry Berends, 2011, Wiley. Additional readings: - Project Risk Management Guidelines: Managing Risk with ISO 31000 and IEC 62198, Dale Cooper, Pauline Bosnich, Stephen Grey, Grant Purdy, Geoffrey Raymond, Phil Walker, Mike Wood, 2014, Wiley. - Managing Risk in Large Projects and Complex Procurement, by D. F. Cooper, S. Grey, G. Raymond and P. Walker, 3rd Edition, 2012,
Additional Literature:
Laboratory Work:
Computer Usage:	Ms Excel, MS Project
Others:	No

COURSE LEARNING OUTCOMES

1	To learn the basics of risks and uncertainties in construction industry
2	To learn evaluate the risk-based construction contracts
3	To learn the theory of risk management as well as methods and techniques to identify, evaluate, and develop responses to project risk
4	To apply the tools and techniques of RM in construction projects

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
MSc in Civil Engineering, Profile: Construction Management Program
1	an ability to apply knowledge of mathematics, science, and engineering	-
2	an ability to design a system, component, or process to meet desired needs	-
3	an ability to function on multidisciplinary teams	2
4	an ability to identify, formulate, and solve engineering problems	3
5	an understanding of professional and ethical responsibility	1
6	an ability to communicate effectively	2
7	the broad education necessary to understand the impact of engineering solutions in a global and societal context	3
8	a recognition of the need for, and an ability to engage in life long learning	2
9	a knowledge of contemporary issues	4
10	an ability to use the techniques, skills, and modern engineering tools necessary for engineering practice	2
11	skills in project management and recognition of international standards and methodologies	5

COURSE EVALUATION METHOD

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	4	64
Hours for off-the-classroom study (Pre-study, practice)	14	4	56
Mid-terms			0
Assignments	5	8	40
Final examination	1	28	28
Other			0
Total Work Load:			188
Total Work Load/25(h):			7.52
ECTS Credit of the Course:			7.5

CONCLUDING REMARKS BY THE COURSE LECTURER

To be completed at the end of the semester