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

2020 teaching periods

Swinburne Online

Teaching Period 3

Dates:
2 Nov 20 - 7 Feb 21

Results:
2 Mar 21

Last self enrolment:
15 Nov 20

Census:
27 Nov 20


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