The Risk Management Spectrum
Duration:
1 Teaching Period
Unit Code:
PRM60003
Contact Hours:
Recommended 10 hours of study per week
About this unit
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.
Content
- Develop a critical understanding of conventional and disruptive risk frameworks
- Demonstrate a coherent knowledge of the various types of risk to business continuity in the context of an increasingly interconnected, highly networked world
- Communicate effectively to internal and external stakeholders as a professional and function as an effective team member or leader
- Research, design and implement non-linear problem-solving methodologies using general strategic risk assessments
- Critically analyse, synthesise and implement methods of risk adaptation for project management in complex environments