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

  • 36 hours or equivalent

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

2021 teaching periods

Hawthorn

Higher Ed. Semester 1 Higher Ed. Semester 2

Dates:
1 Mar 21 - 30 May 21

Results:
6 Jul 21

Last self enrolment:
14 Mar 21

Census:
31 Mar 21

Last withdraw without fail:
16 Apr 21

Dates:
2 Aug 21 - 31 Oct 21

Results:
7 Dec 21

Last self enrolment:
15 Aug 21

Census:
31 Aug 21

Last withdraw without fail:
17 Sep 21

More teaching periods

Swinburne Online

Teaching Period 2

Dates:
5 Jul 21 - 3 Oct 21

Results:
26 Oct 21

Last self enrolment:
18 Jul 21

Census:
30 Jul 21

Last withdraw without fail:
20 Aug 21


Aims and objectives

pre 2020 unit code MGT60035 
 
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.
 
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