Master Award in
Managing Risk, Uncertainty, and Complexity in Projects
Master Award could transfer 20 credits and full tuition fees to Master’s programs by SIMI Swiss.
Master Award in Managing Risk, Uncertainty, and Complexity in Projects
The aim of this award is to equip learners with advanced risk management skills, focusing on risk identification, measurement, and managing uncertainty. It prepares them to develop strategies for addressing risks in dynamic project environments.
Could transfer 20 credits and full tuition fee to the Level 7 Diploma in Project Management of SIMI Swiss.
Learning Outcomes:
1. Be able to evaluate the risk management process.
- 1.1 Evaluate the characteristics of effective risk management.
- 1.2 Analyse the way in which risk management is integrated into each stage of a project’s life cycle.
- 1.3 Analyse the influence of culture on risk management.
- 1.4 Evaluate the effectiveness of different risk treatments for different kinds of risk.
2. Be able to assess the extent to which it is possible to control a complex project environment.
- 2.1 Identify characteristics of complex projects.
- 2.2 Analyse different ways of managing uncertainty in projects.
- 2.3 Evaluate the application of risk management concepts, techniques and risk management processes to control a complex project environment.
- 2.4 Develop a risk strategy that manages compliance requirements and risks faced by organisations in highly turbulent in project environments.
3. Be able to control and manage a complex project environment.
- 3.1 Identify the challenges of controlling and managing a complex project environment.
- 3.2 Analyse existing models and approaches and their suitability for complex project management.
Topics:
Understand the key principles of risk management in projects.
Course Coverage
- Risk identification and assessment
- Risk mitigation strategies
- Risk control and monitoring
- Risk response planning
Know how to manage uncertainty in projects.
Course Coverage
- Uncertainty vs. risk
- Tools and techniques for managing uncertainty
- Decision-making under uncertainty
Understand the impact of complexity on project success.
Course Coverage
- Factors contributing to project complexity
- Techniques for managing complexity
- Complexity in project planning and execution
Know how to apply contingency planning in uncertain environments.
Course Coverage
- Contingency theory and its application
- Creating flexible project plans
- Managing change and adaptation
Understand the relationship between risk, uncertainty, and project outcomes.
Course Coverage
- Impact of risk and uncertainty on project objectives
- Balancing risk with project deliverables
- Evaluating project success under uncertainty
Indicative reading list
Essential Reading:
- Chapman, R. J. (2019). The rules of project risk management: implementation guidelines for major projects (2nd ed.). Routledge. https://doi.org/10.4324/9780429281822.
- Hass, K.B. (2008). Managing complex projects. A new model. Berrett-Koehler Publishers.
- Christian, S. (2021). Solving for project risk management: understanding the critical role of uncertainty in project management.
Further Reading:
- Chapman, C. B., & Ward, S. (2012). How to manage project opportunity and risk: why uncertainty management can be a much better approach than risk management (3rd ed.). Wiley.
- Harris, E. (2009; 2017). Strategic project risk appraisal and management (1st ed.). Gower. https://doi.org/10.4324/9781315242286.
- Wysocki, R. (2019). Effective project management: traditional, agile, extreme, hybrid (8th ed.). Wiley.
Journals:
- Cristóbal, J. R. S. (2017). Complexity in project management. Procedia Computer Science, 121, 762-766. https://doi.org/10.1016/j.procs.2017.11.098
- Klein, L. (2016). Towards a practice of systemic change – acknowledging social complexity in project management. Systems Research and Behavioral Science, 33(5), 651-661. https://doi.org/10.1002/sres.2428
- Pich, M. T., Loch, C. H., & Meyer, A. D. (2002). On uncertainty, ambiguity, and complexity in project management. Management Science, 48(8), 1008-1023. https://doi.org/10.1287/mnsc.48.8.1008.163
- Saynisch, M. (2010). Beyond frontiers of traditional project management: An approach to evolutionary, self-organizational principles and the complexity theory-results of the research program. Project Management Journal, 41(2), 21-37. https://doi.org/10.1002/pmj.20159
- Sheffield, J., Sankaran, S., & Haslett, T. (2012). Systems thinking: Taming complexity in project management. On the Horizon, 20(2), 126-136. https://doi.org/10.1108/10748121211235787
Entry requirements
To enroll The Master Award, the learner must possess:
- Graduated with a Bachelor’s degree from an accredited university or achieved a Level 6 Diploma according to the European Qualifications
- For a degree from non-recognized universities; The learner should have followed the Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) policy of SIMI and/or University Partners.
- Learners must be over 21 years old.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 5.5; Reading and Writing must be at 5.5 or equivalent
- Or A minimum Pearson Test of English Academic (PTE Academic) score of 51 or equivalent
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
After graduating with Master Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee when participating in the program University Partners.
The SIMI Swiss’ Master Award means:
SIMI Swiss Master Award is the award at the master’s level and is equivalent to:
- Level 7 certificate of Regulated Qualification Framework (RQF) of UK
- Level 10 certificate of Scottish Credit and Qualifications Framework (SCQF)
- Level 7 certificate of Credit and Qualifications Framework (CQFW)
- Level 7 certificate of European Qualifications Framework (EQF)
- Level 9 certificates of the Australian Qualifications Framework (AQF)
- Level 7 certificate of ASEAN Qualifications Reference Framework (AQRF)
- Level 9 certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Master Award program when participating in the Level 7 Diploma in Project Management. Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the Level 7 Diploma in Project Management program, students who have graduated 1 Master Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- For Master Award programs, if an entry bachelor is unavailable, students must demonstrate a minimum of 5 years of work experience in the relevant field. Please note that a bachelor’s degree is required for the Master’s program at SIMI Swiss and University Partners so that you could study Master Award but could not move to the Master’s program of SIMI and University Partners.
- English is not a mandatory entry requirement for short course programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements. Note that applicants without a university degree will not be able to participate in the program at Master’s level, and applicants without a Master’s degree will not be able to participate in the program at the Doctoral level.
- Email your application to support@simiswiss.ch with all the required documents. You could download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You will proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Live Class (Option)
- Full online videos
- e-Books
- Self study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from University Partners for credit and tuition fee transfer
- Accreditation & Recognition certified from University Partners.
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when become University Partners' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid
SHORT COURSES NETWORK
Contact us
If you interested this course, please feel free to contact with us! Please note that this program is a not for profit and learning with full online model.