Istanbul Health and Technology University INFORMATION PACKAGE / COURSE CATALOGUE
| Engineering Management (With Thesis) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
Course General Introduction Information
| Course Code: | MHY515 | ||||
| Course Name: | Risk Management | ||||
| Course Semester: | Fall | ||||
| Course Credits: |
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| Language of instruction: | TR | ||||
| Course Requirement: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Area Ellective | ||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||
| Course Coordinator : | Ar.Gör. HAZAL YAREN YALIRSU | ||||
| Course Lecturer(s): | Dr.Öğretim Üyesi Mustafa Yıldırım | ||||
| Course Assistants: |
Course Purpose and Content
| Course Objectives: | The main objective of the course is to provide students with the skills to recognize and manage potential risks in the business environment and to provide them with information about various risk assessment methodologies. |
| Course Content: | Risk identification, risk perception and risk management principles are examined together with risk assessment methodologies. It examines both qualitative and quantitative risk assessment techniques including FMEA (Failure Mode and Effects Analysis), FTA (Fault Tree Analysis), ETA (Event Tree Analysis), PHA (Preliminary Hazard Analysis), HAZOP (Hazard and Operability Study), L and X type risk matrices and the Butterfly model. |
Learning Outcomes
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The students who have succeeded in this course;
1) . The student will gain the ability to express risk assessment and risk management principles 2) The student will be able to comprehend and articulate the significance of managing uncertainty in relation to handling threats and opportunities 3) The student will develop the skills to implement the risk assessment process. 4) The student will acquire an understanding of risk assessment methods and apply them to address industrial challenges. |
Course Flow Plan
| Week | Subject | Related Preparation |
| 1) | Risk Analysis Introduction | |
| 1) | Risk Analysis Introduction | |
| 2) | Risk, Uncertainty, Probability | |
| 2) | Risk, Uncertainty, Probability | |
| 3) | : Risk Management in OHS | |
| 4) | : Risk Assessment in OHS | |
| 5) | Quantitative and Qualitative Risk Assessment Techniques | |
| 6) | Premise Hazard Analysis | |
| 7) | L and X Type Risk Analysis Techniques | |
| 8) | Midterm Exam | |
| 9) | : Event Tree Analysis | |
| 10) | Fault Tree Analysis | |
| 11) | Risk Assessment Examples in OHS | |
| 12) | Bow Tie Risk Analysis Technique | |
| 13) | Hazard and Operability Analysis (HAZOP) | |
| 14) | Final Exam |
Sources
| Course Notes / Textbooks: | • Thomas S. Coleman, A Practical Guide to Risk Management,CFA 2011 • Lee T. Ostrom, Cheryl A. Wilhelmsen, Risk Assessment: Tools, Techniques, and Their Applications, Wiley, 2012 • Michel Crouhy, Dan Galai, Robert Mark, The Essentials of Risk Management, McGraw-Hill, 2013 |
| References: | • Thomas S. Coleman, A Practical Guide to Risk Management,CFA 2011 • Lee T. Ostrom, Cheryl A. Wilhelmsen, Risk Assessment: Tools, Techniques, and Their Applications, Wiley, 2012 • Michel Crouhy, Dan Galai, Robert Mark, The Essentials of Risk Management, McGraw-Hill, 2013 |
Course - Learning Outcome Relationship
| No Effect | 1 Lowest | 2 Medium | 3 Highest |
| Program Outcomes | Level of Contribution |
Learning Activity and Teaching Methods
Measurement and Evaluation Methods and Criteria
Assessment & Grading
| Semester Requirements | Number of Activities | Level of Contribution |
| Presentation | 1 | % 20 |
| Midterms | 1 | % 40 |
| Final | 1 | % 40 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| total | % 100 | |