The Risk Management Spectrum

PRM60003 12.5 Credit Points Hawthorn Available to incoming Study Abroad and Exchange students

Duration

  • One Semester or equivalent


     

Contact hours

  • 24 hours face to face + Blended

On-campus unit delivery combines face-to-face and digital learning.

2024 teaching periods

Hawthorn

Higher Ed. Semester 1		 Hawthorn

Higher Ed. Semester 2

Dates:
26 Feb 24 - 26 May 24

Results:
2 Jul 24

Last self enrolment:
10 Mar 24

Census:
31 Mar 24

Last withdraw without fail:
12 Apr 24

Dates:
29 Jul 24 - 27 Oct 24

Results:
3 Dec 24

Last self enrolment:
11 Aug 24

Census:
31 Aug 24

Last withdraw without fail:
13 Sep 24
More teaching periods
Swinburne Online

Teaching Period 1		 Swinburne Online

Teaching Period 3

Dates:
11 Mar 24 - 9 Jun 24

Results:
2 Jul 24

Last self enrolment:
24 Mar 24

Census:
5 Apr 24

Last withdraw without fail:
26 Apr 24

Dates:
4 Nov 24 - 9 Feb 25

Results:
4 Mar 25

Last self enrolment:
17 Nov 24

Census:
29 Nov 24

Last withdraw without fail:
27 Dec 24

Aims and objectives

This unit aims to critically analyse and synthesise conventional and disruptive frameworks for assessing risk and its significance for achieving strategic objectives. Students will be encouraged to consider exploiting uncertainty for success rather than the predominant view of what can go wrong. This will involve exploring how organisations need to adapt, restructure, organise, communicate, and recruit differently. Real, field-based case studies of projects implemented within complex operating environments will be evaluated and students will have the opportunity to solve challenges presented by industry.
 
Unit Learning Outcomes (ULO)
Students who successfully complete this unit will be able to:
 
1. Develop a critical understanding of conventional and disruptive risk frameworks
2. Demonstrate a coherent knowledge of the various types of risk to business continuity in the context of an increasingly interconnected, highly networked world
3. Communicate effectively to internal and external stakeholders as a professional and function as an effective team member or leader
4. Research, design and implement non-linear problem-solving methodologies using general strategic risk assessments
5. Critically analyse, synthesise and implement methods of risk adaptation for project management in complex environments