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Introduction to Risk Concepts; Risk Assessment; Risk Evaluation and Management; Risk Communication; Poorly-quantified risks.
The goal of the course is to provide participants with some fundamental tools for assessing risk and providing solutions to risk management questions. The course is designed to show the complexity of managing risk by introducing participants to diverse and often dynamic factors that influence risk, and training participants in the application of specific techniques to assess and manage risk across a range of conditions.Course Content• Introduction to Risk Concepts: Societal vs. individual risk; Perceived, assessed vs. actual risk; Dimensions of Risk; Risk identification. • Risk Assessment: Data selection; Uncertainty and Sensitivity; Probability Distributions; Extreme value theory, Monte Carlo simulation; Fault and Event trees; Reliability theory. • Risk Evaluation and Management: Scoring systems; HAZOP, HAZAN, FOSM; Utility theory; Risk appetite and risk acceptability; Ethical aspects of risk evaluation; Risk management strategies. • Risk Communication: Fairness and social distribution of risk; Risk perceptions; Communicating risk concepts• Poorly-quantified risks: identification, improved quantification, characteristics of resilient entities.
Students successfully completing this course will have an advanced understanding of risk management in the context of hazard and disaster management. This will include:risk conceptsrisk assessmentrisk evaluation and managementrisk communication
Subject to approval of the Head of Department.
Course will meet once a week for a single 4-hour session, which will combine information provision, exercises, tutorials and project work.There is a one-day exercise “Disaster Day” on the third weekend of May
Tom Wilson
Tim Davies
1. Assignment 1: Risk Management - 20%2. Assignment 2: Quantitative Risk Assessment - 40%3. Assignment 3: Risk Communication - 30%4. Course Participation: - 10% No Final Exam
Domestic fee $974.00
International Postgraduate fees
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
This course will not be offered if fewer than 5 people apply to enrol.
For further information see Geological Sciences .