Risk and Contingency Management LCB

Course aim

To introduce students to the knowledge and understanding of risk management. The conceptual and case material increases sensitivity to important aspects of risk management – from a brief history, through foundation principles of real risk, the differences between strategic and tactical risk, and emerging issues in risk management.

Course content

Theory and concept sessions will be followed by workshops covering issues and case studies. Focus will be on establishing the framework on which effective understanding and actions in risk management can be developed, particularly within the LCB environment. The sessions cover the following topics: history of risk, directions from 20th Century risk management, definitions of basic risk terminologies, fundamental risk assessment and evaluation strategies, strategic V tactical (operational) risk, current issues in risk management, 21st Century trends and directions in risk and risk management.

Textbook(s)

Pursiainen, C 2018, The Crisis Management Cycle, Routledge, London

Prerequisite(s)

Common to all relevant programs
Subject Area & Catalogue Number	Course Name
ACCT 5011	Accounting for Management M
BUSS 5275	Service Quality Management LCB
BUSS 5114	People, Leadership and Performance
BUSS 5300	Global Business Environment

Pre-requisites do not apply where students have received credit for these courses.

Corequisite(s)

Nil

Teaching method

Component	Duration
INTERNAL, CITY WEST
Preparatory	1 x 1 week
Seminar	3 hours x 10 weeks

Note: These components may or may not be scheduled in every study period. Please refer to the timetable for further details.

Assessment

Reflective journal, Report

Fees

EFTSL*: 0.125
Commonwealth Supported program (Band 4C)
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Fee-paying program for domestic and international students
International students and students undertaking this course as part of a postgraduate fee paying program must refer to the relevant program home page to determine the cost for undertaking this course.

Non-award enrolment
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* Equivalent Full Time Study Load. Please note: all EFTSL values are published and calculated at ten decimal places. Values are displayed to three decimal places for ease of interpretation.