Risk Management

Learning Outcomes

Transferable and Generic Skills

Having successfully completed this module you will be able to:

• use effectively skills of critical analysis and evaluation;
• plan and control effectively for successful completion of a personal workload.
• use a range of information sources requiring the development of bibliographic skills;

Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

• explain and critically evaluate appropriate theoretical concepts, models, frameworks, tools and techniques which facilitate identification and management of sources of uncertainty.

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

• the nature and importance of effective risk management processes.
• the variety of sources of risk in organisations;

Summary of content:

• Sources of uncertainty in organisations.
• Objectives for risk management.
• Developing Risk management infrastructure and capability.
• Risk management guidelines and formal processes.
• Risk in relation to corporate governance, internal control and Enterprise Risk Management.
• Risk Cognition, Risk Communication, Risk Culture.
• Risk within ppp/pfi projects, and in the work of regulators.

Lectures and classes embracing case studies, critical analysis of literature in small groups, problem-solving activities and private/guided study.

Formative

This is how we’ll give you feedback as you are learning. It is not a formal test or exam.

Mock Examination

• Assessment Type: Formative
• Feedback: Individualised feedback in mock exam scripts and generic feedback to class.
• Final Assessment: No
• Group Work: No

Summative

This is how we’ll formally assess what you have learned in this module.

Referral

This is how we’ll assess you if you don’t meet the criteria to pass this module.

Repeat

An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.