Procurement and Risk Management in Projects

CSM80009 12.5 Credit Points Hawthorn

Duration

  • One Semester or equivalent

Contact hours

  • 36 Hours

On-campus unit delivery combines face-to-face and digital learning.

Prerequisites

Postgraduate:
Nil
 
Undergraduate:
250 CPS 

Aims and objectives

This unit focuses on essential knowledge in procurement and risk management in project-based industries as well as project/ programme settings in production/ process-based industries.


Unit Learning Outcomes

Students who successfully complete this unit will be able to:

1. Identify and appreciate procurement principles and functions in project-based settings (K5, K6, S4, A1, A4, A5, A6)
2. Identify and analyse risks in projects (K2, K5, K6, S1, S2, S4, A1, A2, A4, A5, A6, A7)
3. Apply relevant principles and theories for managing procurement and risks in project systems (K5, K6, S4, A1, A4, A5, A6)
4. Formulate and/ or specify suitable strategies, methods and tools/ techniques for procurement and risk management in the project-based industries. (K2, K5, K6, S1, S2, S4, A1, A2, A3, A4, A5, A6, A7)