Risk Management | Faculty of Technical Sciences

Subject: Risk Management (17.IM2607)

Native organizations units: Department of Industrial Engineering and Engineering Management, Chair of Quality, Effectiveness and Logistics

Type of studies	Title
Master Academic Studies	Industrial Engineering (Year: 1, Semester: Winter)

General information:

Category	Theoretical-methodological
Scientific or art field	Upravljanje rizikom i menadžment osiguranja Quality, Effectiveness and Logistics
ECTS	4

The aim and purpose of the course is to enable students to identify and determine the level of risk, and to define actions aimed at reducing / eliminating risk.

After completing and passing the exam, students will be able to analyze a specific process (problem) and to define the existing risks, to determine the probability of occurrence of observed events and define actions for the reduction / elimination of risk.

Evolution, term risks, frames and features, standards, theory, identification and risk assessment, risk indicators and escalators, the system for monitoring and evaluating risks, Creation of protective measures, programs for reducing risk, Assessment of protective measures, monitoring results after the introduction of protective measures

The program consists of two parts. The first part covers the theoretical issues, while the second part includes auditory and computational exercises where students apply the mathematical apparatus in order to determine the reliability of the observed elements / systems. And during school hours and during exercise using a laptop and projector beam, because of the need vivid and more accurate representation of key elements of the teaching units. Where possible, Excel with prepared data and charts will be used, to perform simulation.