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| END3026 | Risk Analysis and Management | 3+0+0 | ECTS:5 | | Year / Semester | Spring Semester | | Level of Course | First Cycle | | Status | Elective | | Department | DEPARTMENT of INDUSTRIAL ENGINEERING | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Dr. Öğr. Üyesi Hilal SİNGER | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | This course aims to teach students about risk concepts and define various types of risks encountered in the business world. Students will gain proficiency in applying risk analysis methods and developing effective risk management strategies. |
| Learning Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | LO - 1 : | Identify the various types of risks encountered in business. | 3,4,5 | | | LO - 2 : | Understand and explain basic risk concepts. | 1,2,3,4 | | | LO - 3 : | Apply basic risk assessment methods such as probability and impact analysis. | 2,3,4,5 | | | LO - 4 : | Understand strategies to reduce, accept, transfer and avoid risks. | 7,12 | | | LO - 5 : | Create alternative action plans and manage crisis management processes. | 5,6 | | | LO - 6 : | Analyze risk management practices in different industries. | 11,12 | | | LO - 7 : | Evaluate international risk management standards and compliance requirements. | 25,26 | | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | | |
| Risk identification and classification, risk assessment, risk management strategies, crisis management and contingency planning, risk management supported by technology and data analytics, sectoral and international risk management practices. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Introduction and Key Concepts | | | Week 2 | Risk Identification and Classification | | | Week 3 | Risk Identification and Classification | | | Week 4 | Risk Assessment Methods | | | Week 5 | Risk Assessment Methods | | | Week 6 | Risk Management Strategies | | | Week 7 | Risk Management Strategies | | | Week 8 | Crisis Management and Emergency Planning | | | Week 9 | midterm exam | | | Week 10 | Crisis Management and Emergency Planning | | | Week 11 | Technology Supported Risk Management | | | Week 12 | Technology Supported Risk Management | | | Week 13 | Sectoral and International Risk Management Practices | | | Week 14 | Sectoral and International Risk Management Practices | | | Week 15 | Course Review and Final Project Presentations | | | Week 16 | Final exam | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | | 3 | 30 | | Project | 11 | | 2 | 20 | | End-of-term exam | 16 | 3 | | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | | | | |
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