The Risk Management Spectrum
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 | |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Swinburne Online Teaching Period 1 |
Swinburne Online Teaching Period 3 | |
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Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Aims and objectives
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
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Type | Hours per week | Number of Weeks | Total |
On Campus Class | 2 | 12 | 24 |
Online (asynchronous lecture) | 1 | 12 | 12 |
Unspecified Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Assessment
Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
Assignment 1 | Individual | 10-20% | 1,2 |
Assignment 2 | Individual | 40-60% | 3,4,5 |
Assignment 3 | Group | 30-40% | 1,2,3,4,5 |
Content
• Perceptions of risk and heuristics
• Risk and significance to strategic objectives, decision and taking action
• Understanding the difference between complicated and complex
• Types of risk – Geo-political, non-technical, operational, market and compliance risk
• Communicating risk
• Understanding strategic risk
• Risk identification techniques
• Analyses of risk drivers
• Risk assessment tools
• Disruptive risk frameworks
• Adaptation (non-human and human systems)
• Exploiting uncertainty
• Implementation and real-time risk adaptation
• Natural risk mitigation
Study resources
- Reading materials.