The topics the covered, in powerpoint form were (they gave us printouts of the presentations):
Introduction, Basic Terminology, PRV Design and Operations, Codes and Standards, PRV Sizing and Selection, Two-phase flow sizing, Rupture Disks, Installation of Pressure Relief Devices, Relief System Design Philosophy, Overpressure Scenarios, Atmospheric Storage Tanks, Power Boilers, MOC and Documentation, Specifications/Data Sheets, PRV Inspection, Testing, and Repair.
Nearly each section had "sample problems" that we worked individually then discussed as a class. Also, the course description says that you should bring API 520 P1, API 520, and API STD 2000, however I only looked at these once during the course and I really didnt need to do that. They give you all the equations, tables, and figures they refer to in the discussion and problems. Of course you will eventually want these as a resource, but I had to hurry to get them because I registered so late, and they really were not necessary.
As far as you question goes, I can't definitively give a suggestion. It sounds like your assumptions are reasonable, however I'm still pretty new to this and I don't want to make a recommendation. Maybe someone with more experience can comment.