COURSE INFORMATION Course Title: RISK MANAGEMENT IN CONSTRUCTION

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
CE 823	C	1	3	0	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)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Julinda Keçi
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Elective
Classroom and Meeting Time:
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.

COURSE OUTLINE

Week	Topics
1	General Introduction
2	Putting Risk into Perspective, Risk and Uncertainty in Construction projects
3	Contracts and Risks
4	Case Study
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:	- 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,
Other References:
Laboratory Work:
Computer Usage:	Ms Excel, MS Project
Others:	No

COURSE LEARNING OUTCOMES

1	To learn evaluate the risk-based construction contracts
2	To learn the theory of risk management as well as methods and techniques to identify, evaluate, and develop responses to project risk
3	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.
Doctorate (PhD) in Civil Engineering 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	5
3	an ability to function on multidisciplinary teams	4
4	an ability to identify, formulate, and solve engineering problems	3
5	an understanding of professional and ethical responsibility	3
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	4
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	4
11	skills in project management and recognition of international standards and methodologies	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Presentation	3	30
Quiz	1	10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	14	4	56
Mid-terms			0
Assignments	3	25	75
Final examination			0
Other	1	8.5	8.5
Total Work Load:			187.5
Total Work Load/25(h):			7.5
ECTS Credit of the Course:			7.5