Quantitative Risk Modelling

RSK80007 12.5 Credit Points Off-Campus

Duration

  • One Semester or equivalent
     
    The final offering of this unit is Semester 1 2021

Contact hours

  • 0 hours

Aims and objectives

To provide a theoretical basis for and skill in the development of quantified risk models.

Unit Learning Outcomes
Students who successfully complete this unit will be able to:
1. Appreciate the theory behind development and quantification of risk models
2. Conduct quantitative analyses and plan risk models
3. Apply probability estimates to risk models using mean values
4. Incorporate uncertainty of probability estimates in a risk model