Civil and Structural Engineering, Master's Programme
Master's Programme in Industrial Economics and Technology Management
Master's Programme in Industrial Economics and Technology Management (5 years)
Language of instruction
Norwegian with adjustments for English
Learning outcomes
On successful completion of the course, the students should have:
Knowledge of methods and related concepts for evaluation and analysis of uncertainties and opportunities related to technology development and project implementation
The ability to use the software to carry out specific analysis of risks
Exercise in reflection on the choice of methods and their consequences for society
Course contents
Definitions and concepts, reliability, safety and risk
Quality management, quality assurance
Project risk, uncertainty of schedules and budgets
Procedures for risk management, analysis of opportunities and risks
Risk reduction measures, cost-benefit analysis
Modeling and simulation of uncertainty, Monte Carlo simulation, use of software
Life cycle cost, reliability based maintenance and planning
Lectures, company visit and one written assignment. The course has an expected scope of work of around 200 hours.
Examination requirements
Satisfactory submission of mandatory exercises. Requirements will be given at the semester start.
Assessment methods and criteria
Written examination, 2,5 hours, accounts for 50% and portfolio content 50%. Graded assessment.
Information regarding the portfolio will be given in Canvas.
Evaluation
The person responsible for the course decides, in cooperation with student representative, the form of student evaluation and whether the course is to have a midway or end of course evaluation in accordance with the quality system for education, chapter 4.1.”