Risk Management
Duration
One Semester
Contact hours
- Fully Online
2021 teaching periods
Hawthorn
| Higher Ed. Semester 2 | ||
|---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Prerequisites
NilCorequisites
Nil
Aims and objectives
From 2017 This unit will be known as Risk Management (previously known as Risk Management Principles)
To develop the students’ ability to master risk management body of knowledge and to critically evaluate contemporary risk management systems applied to projects or enterprises.
Unit Learning Outcomes (ULO's)
Students who successfully complete this Unit should be able to:1. Appreciate and apply risk management principles, techniques and systems to project management
2. Identify, interpret and analyse current project/enterprise risk management systems and provide advice regarding the design and implementation of a project/enterprise risk management system
3. Formulate and critically evaluate risk management techniques, principles and systems
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Distance Education (150 hours)
Assessment
| Types | Individual or Group task | Weighting | Assesses attainment of these ULOs |
| Assignment 1 | Group | 40% | 1,2 |
| Assignment 2 | Individual | 40% | 2,3 |
| Test | Individual | 20% | 1,2,3 |
General skills outcomes
• teamwork skills,
• analysis skills,
• problem solving skills
• analysis skills,
• problem solving skills
• communications skills
• ability to tackle unfamiliar problems
• ability to work independently
• ability to work independently
Content
• Introduction to the concepts, principles and techniques of risk management as they relate to business philosophy and strategy.
• Introduction to the Australian/New Zealand AS/NZS ISO 31000 Risk Management – Principles and Guidelines
• Why risk management;
• Risk management principles and processes;
• Stakeholder identification, assessment and management;
• Risk context and identification;
• Risk analysis and evaluation;
• Risk treatment, monitoring and review/learning;
• Project risk management versus Enterprise risk management;
• Risk management implementation framework;
• Risk management future directions, research and application.
• Introduction to the Australian/New Zealand AS/NZS ISO 31000 Risk Management – Principles and Guidelines
• Why risk management;
• Risk management principles and processes;
• Stakeholder identification, assessment and management;
• Risk context and identification;
• Risk analysis and evaluation;
• Risk treatment, monitoring and review/learning;
• Project risk management versus Enterprise risk management;
• Risk management implementation framework;
• Risk management future directions, research and application.
Study resources
- Reading materials.
Reading materials
Reading materials will be available on the Blackboard website for this unit.