Risk Аnalysis and Assessment Methods

Објавено: September 4, 2023
1. Course Title Risk Аnalysis and Assessment Methods
2. Code 4ФЕИТ08010
3. Study program 5-PM, 13-PMA
4. Organizer of the study program (unit, institute, department) Faculty of Electrical Engineering and Information Technologies
5. Degree (first, second, third cycle) Second cycle
6. Academic year/semester I/1   7.    Number of ECTS credits 6.00
8. Lecturer Dr Sonja Gegovska-Zajkova
9. Course Prerequisites
10. Course Goals (acquired competencies):

After successfully completing this course a student should be able to: identify the difference between the risk and the possibility; to recognize, describe and distinguish the main risk analysis and risk assessment methods and techniques;  to perform risk analysis of various types of problems and  present the results from the analysis as input to a decision process.

11. Course Syllabus:

Introduction to risk management. Phases in risk analysis. Threats, risks, probability and frequency of appearance and influence on the project. Uncertainties assessment and probabilities specification. Risk analysis methods. Qualitative methods: preliminary analysis, HAZard and OPerability study, Failure Mode and Effects Analysis. Tree-based methods: Fault Tree Analysis, Event Tree Analysis, Cause-Consequence Analysis. Quantitative methods: Sensitive analysis, Expected monetary value analysis. Hybrid methods. Monte Carlo simulations. Case studies and application of appropriate method in real projects.

12. Learning methods:

A blended learning method consisting of  traditional classroom methods, independent study and  e-learning.

13. Total number of course hours 180
14. Distribution of course hours 3 + 3
15. Forms of teaching 15.1 Lectures-theoretical teaching 45 hours
15.2 Exercises (laboratory, practice classes), seminars, teamwork 45 hours
16. Other course activities 16.1 Projects, seminar papers 30 hours
16.2 Individual tasks 30 hours
16.3 Homework and self-learning 30 hours
17. Grading
17.1 Exams 0 points
17.2 Seminar work/project (presentation: written and oral) 50 points
17.3. Activity and participation 0 points
17.4. Final exam 50 points
18. Grading criteria (points) up to 50 points 5 (five) (F)
from 51 to 60 points 6 (six) (E)
from 61 to 70 points 7 (seven) (D)
from 71 to 80 points 8 (eight) (C)
from 81 to 90 points 9 (nine) (B)
from 91 to 100 points 10 (ten) (A)
19. Conditions for acquiring teacher’s signature and for taking final exam 60% success of all activities
20. Forms of assessment Preparation and presentation of a project assignment and final exam
21. Language Macedonian and English
22. Method of monitoring of teaching quality Selfevaluation
23. Literature
23.1.       Required Literature
No. Author Title Publisher Year
1. Lee T. Ostrom, Cheryl A. Wilhelmsen Risk Assessment: Tools, Techniques, and Their Applications Wiley 2012
2. Glenn Koller Risk Assessment and Decision Making in Business and Industry Chapman and Hall/CRC 2000
23.2.       Additional Literature
No. Author Title Publisher Year
1.  Malvin H. Kalos, Paula A. Whitlock  Monte Carlo Methods  WILEY-VCH Verlag GmbH & Co. KGaA, Weinheim  2008