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Online unit

Understanding Risk Management

Overview of the unit

Unit code: BUS30016
Duration: 1 Teaching Period
Contact hours: Recommended 8 hours of study per week

About this unit

This unit introduces students to understanding, evaluating and implementing effective risk management. Students will be equipped with knowledge and skills to make informed decisions relating to organisational risk. This Unit uses a structured approach and involves students learning coordinated activities to enable them to recognise, manage, direct or control organisational risk. In this unit students will learn about risk management which involves introduction and approaches to risk management, risk assessment, risk response, risk strategy, risk culture, risk governance, risk assurance and specific management of various risk situations. This unit of study also focusses on risks that may arise in the workplace and at enterprise level.

Content

  • Introduction to risk management
  • Approaches to risk management
  • Risk assessment
  • Risk response
  • Risk culture
  • Risk governance
  • Risk assurance
  • Risk management issues
  • Contemporary workplace and enterprise risk issues

This unit is found in Bachelor of Business With a Major in Logistics and Supply Chain Management.