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Project Management: Risk and Economic Analysis

Significant Commonwealth funding is now being directed to major infrastructure projects in Australia. As a result, there's a growing expectation that engineers and project managers should understand how to successfully manage these projects.

 

This micro-credential is ideal for current and aspiring infrastructure project managers seeking to gain advanced qualitative and quantitative risk-assessment tools that can help ensure projects are compliant and sustainable across their life cycles.

 

Gain a detailed understanding of key legislation

Gain a better understanding of the relevant legislative requirements surrounding critical infrastructure projects, and explore how to conduct your due diligence using a risk management framework based on ISO Risk Management Standards.

 

Use advanced simulation techniques and machine learning

Improve your decision-making in unforeseen circumstances by learning how to conduct a life-cycle infrastructure risk assessment using advanced simulation techniques like the Monte Carlo method and probability-impact analysis using machine learning.