Quantitative Risk Modelling
Unit code: HES6740
| Credit points | 12.5 Credit Points |
| Duration | 1 Semester |
| Contact hours | Equivalent to 36 hrs contact time or 150 hrs total study time |
| Campus | Off-Campus |
| Prerequisites | |
| Corequisites | Nil |
Related course(s)
A core unit of study in the
Aims and objectives
The aim of this unit is to develop the student's understanding of the principles of quantified risk analysis, including that of the analytical methods used and the mathematical principles of quantification and to develop skills in the development and quantification of fault tree and outcome trees.
Generic skills outcomes
On successful completion of this unit, students will:
- Understand the theory behind the development and quantification of risk models
- Have the ability to construct risk models
- Apply probability estimates to risk models using mean values
- Incorporate uncertainty of probability estimates in a risk model
