Risk Engineering

Unit Outline (Higher Education)

   
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Effective Term: 2024/05
Institute / School :Institute of Innovation, Science & Sustainability
Unit Title: Risk Engineering
Unit ID: MREGC5007
Credit Points: 15.00
Prerequisite(s): Nil
Co-requisite(s): Nil
Exclusion(s): Nil
ASCED: 039999
Other Change:  
Brief description of the Unit

This is an advanced course on risk engineering that covers industrial hazards and their assessment. Topics include risk engineering terminologies, human perception of risk, ALARP & SFAIRP concepts.  It also covers risk and reliability mathematics, system modelling and analysis, hazard Identification, cause-consequence diagrams (CCD), HAZard and OPerability study (HAZOP), Failure Modes, Effects and Criticality Analysis (FMECA), Reliability Block diagram (RBD), Fault Trees Analysis (FTA); Event Trees Analysis (ETA). This is an elective course for students interested in practicing risk engineering and good asset management.

Grade Scheme: Graded (HD, D, C, P, MF, F, XF)
Work Experience Indicator:
No work experience
Placement Component: No
Supplementary Assessment:No
Supplementary assessment is not available to students who gain a fail in this Unit.
Course Level:
Level of Unit in CourseAQF Level(s) of Course
5678910
Introductory                                                
Intermediate                                                
Advanced                                        
Learning Outcomes:
Knowledge:
K1.

Discern and categorise safety and/or financial hazards through standardised, systematic and structured documentation processes.

K2.

Recognise and infer safety issues and/or financial risks in a pro-active way.

K3.

Critically review engineering and administrative control measures to manage risk.

K4.

Define technical systems in terms of Reliability Block Diagrams.

Skills:
S1.

Identify all reasonably foreseeable safety and/or financial hazards (risks).

S2.

Analyse causes and consequences of the identified hazards.

S3.

Estimate risk through assignment of likelihood frequency and consequence severity to each hazard cause.

S4.

Select and apply the most appropriate risk engineering techniques.

S5.

Construct models for analysing accidents & consequences through Event Tree Analysis (ETA) and Fault Tree Analysis (FTA) techniques.

Application of knowledge and skills:
A1.

Apply risk engineering techniques to risk management.

A2.

Choose engineering control measures to manage risk.

A3.

Illustrate the management of risk using ALARP/SFAIRP.

A4.

Predict risk rating and reliability of technical systems through application of risk engineering tools.

Unit Content:

This course covers risk engineering terminologies, human perception of risk, risk concepts and risk analysis.
Introduction to risk engineering, human perception of risk and risk terminology.
Engineering risk management.
Risk and reliability mathematics.
Hazard identification techniques and analysis.
Modelling of accidents & risk assessment.
Human element in risk assessment.
Industrial hazard and risk assessment case studies.
Emergency planning & documentation.
Recent issues and challenges in risk engineering.
Risk engineering report writing & presentation to stakeholder.

Graduate Attributes:
 Learning Outcomes AssessedAssessment TasksAssessment TypeWeighting
1.

K1-K4; S1-S5; A1-A4

Analysis of hazard and report on identification & management of risks.

Analysis and report

15% - 40%

2.

K1-K4; S1-S5; A1-A4

Analysis and report using tools for preventing technical failures.

Analysis and report

10% - 30%

3.

K1-K4; S1-S5; A1-A4

Examination or online test

Examination or online test

60% - 40%

Adopted Reference Style:
Other  ()

Professional Standards / Competencies:
 Standard / Competency