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  Course Description
Course Name : Risk Assessment and Analysis

Course Code : MTY-561

Course Type : Optional

Level of Course : Sub-Level (Undergraduate Degree)

Year of Study : 1

Course Semester : Fall (16 Weeks)

ECTS : 6

Name of Lecturer(s) : Instructor MELİK KOYUNCU

Learning Outcomes of the Course : Defines the risk analysis
Classifies risk models
Reports the risk analysis results
Analyses risk at the projects
Has the knowledge about risk assesment techniques

Mode of Delivery : Face-to-Face

Prerequisites and Co-Prerequisites : None

Recommended Optional Programme Components : None

Aim(s) of Course : Having knowledge about risk analysis and management techniques and applying these techniques to the operation systems

Course Contents : Definition of risk analysis, Definition of risk assesment, Planning of risk analysis, Evaluating and reporting of analysis results, Optimization in risk analysis, Risk analysis at projects, Risk analysis at insurance and finance systems, Risk evaluation techniques, Critical case analysis, Critical function analysis, Collective risk models, Sparre Andersen Model

Language of Instruction : Turkish

Work Place : Class room


  Course Outline /Schedule (Weekly) Planned Learning Activities
Week Subject Student's Preliminary Work Learning Activities and Teaching Methods
1 Definition of risk analysis Reading the related chapter from text books power point presentation and explanation
2 Definition of risk assesment Reading the related chapter from text books power point presentation and explanation
3 Planning of risk analysis Reading the related chapter from text books power point presentatio and explanation
4 Evaluating and reporting analysis results Reading the related chapter from text books power point presentation and explanation
5 Optimization in risk analysis Reading the related chapter from text books power point presentatio and explanation
6 Risk analysis at projects Reading the related chapter from text books power point presentatio and explanation
7 Midterm exam
8 Risk analysis at finance system Reading the related chapter from text books power point presentatio and explanation
9 Risk analysis at insurance systems Reading the related chapter from text books power point presentatio and explanation
10 Risk evaluation techniques Reading the related chapter from text books power point presentatio and explanation
11 Critical case analysis Reading the related chapter from text books power point presentatio and explanation
12 Critical function analysis Reading the related chapter from text books power point presentatio and explanation
13 Collective risk models Reading the related chapter from text books power point presentatio and explanation
14 Sparre Andersen Model Reading the related chapter from text books power point presentatio and explanation
15 Project presentation Reading the related chapter from text books power point presentatio and explanation
16/17 Final exam Classical exam


  Required Course Resources
Resource Type Resource Name
Recommended Course Material(s)  David Vose, Risk Analysis: A Quantitative Guide. , John Wiley and Sons , 2008
Required Course Material(s)


  Assessment Methods and Assessment Criteria
Semester/Year Assessments Number Contribution Percentage
    Mid-term Exams (Written, Oral, etc.) 1 20
    Homeworks/Projects/Others 1 80
Total 100
Rate of Semester/Year Assessments to Success 40
 
Final Assessments 100
Rate of Final Assessments to Success 60
Total 100

  Contribution of the Course to Key Learning Outcomes
# Key Learning Outcome Contribution*
1 Understands, evaluates, interprets and applies knowledge in depth in the field of engineering and technology management, doing scientific research. 4
2 Has comprehensive knowledge about current methods and techniques of engineering and technology management and its limitations. 3
3 Has the ability of describing and applying knowledge despite limited or missing data; integrates knowledge from different disciplines into the present knowledge. 3
4 Designs engineering problems, develops techniques to solve them, using innovative ways. 3
5 Has the ability of designing and applying research based on analytical, modelling and experimental approaches and has the ability to solve problems encountered while conducting such research. 3
6 Works in multi-disciplinary teams, takes a leading role and responsibility and develops approaches for compicated solutions. 3
7 Describes, gathers and uses necessary information and data. 3
8 Has the ability of developing new and/or original ideas or techniques to come up with innovative solutions for designing systems, components or processes. 3
9 Presents research findings systematically and clearly in oral or written forms in national or international meetings. 4
10 Understands social and environmental implications of engineering practice. 3
11 Considers social, scientific and ethical values in all professional activities and while collecting and analysing data and discussing the findings. 5
12 Keeps up with the latest developments in the field. 3
* Contribution levels are between 0 (not) and 5 (maximum).

  Student Workload - ECTS
Works Number Time (Hour) Total Workload (Hour)
Course Related Works
    Class Time (Exam weeks are excluded) 14 3 42
    Out of Class Study (Preliminary Work, Practice) 14 6 84
Assesment Related Works
    Homeworks, Projects, Others 1 10 10
    Mid-term Exams (Written, Oral, etc.) 1 3 3
    Final Exam 1 3 3
Total Workload: 142
Total Workload / 25 (h): 5.68
ECTS Credit: 6