ENGR 521 Risk Management in Engineering Projects
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The ENGR 521 Risk Management in Engineering Projects course is an unsure event that will have a positive or a negative impact on project objectives. Managing known threats one by one through tailor-made methods is essential to project success. Similarly, opportunities should be leveraged for higher project outcomes. Implementation of an efficient risk management method is imperative for today's complicated times. This course presents a five-step method to manage project threats yet as opportunities. On each project, students are going to be able to establish and analyze risks and develop response methods for every known risk and take correct response action to manage the risks. Business best practices and quantitative tools and simulations are accustomed analyze risk.
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