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Swinburne University of Technology Sarawak Campus

Risk Management

RSK80006  12.5 Credit Points
Duration
One Semester or equivalent
Contact hours
36 Hours

Prerequisites

Nil

Corequisites
Nil

Aims and learning outcomes

The aim of this unit is to develop students’ ability to critically evaluate contemporary risk management systems.

Students who successfully complete this unit should be able to:

  1. Appreciate and value the theoretical basis of a management system as it applies to risk.
  2. Identify, interpret and analyze current risk management systems.
  3. Provide advice regarding the design and implementation of a risk management system.
  4. Develop fundamental ability to formulate and critically evaluate risk management systems.

Unit information in detail

– Learning and teaching structures, content, assessment and general skill outcomes.

Learning and teaching structures

ActivityTotal HoursHours per WeekTeaching Period Weeks
Problem Solving150 hours12.5 hoursWeeks 1 to 12

Content

Topics include: The context of risk management systems, the design of risk management systems, evidence of effectiveness, safety cases, and variations in applications (e.g. OHS, aviation, and petrochemical).

Assessment

Tasks and DetailsIndividual or GroupWeightingUnit Learning Outcomes that this assessment task relates to the topics
Problem Packages (Worksheets) Individual & Group 48% 1,2,3,4 
Problem Packages (Presentations) Individual & Group 24% 1,2,3,4 
Problem Packages (Reflection Journals)Individual8% 1,2,3,4 
Take Home ExamIndividual20%1,2,3,4 

Minimum requirements to pass this Unit

As the minimum requirements of assessment to pass a unit and meet all Unit Learning Outcomes to a minimum standard, a student must achieve:

  1. an aggregate mark of 50% or more, and
  2. obtain at least 40% in the final exam (if applicable)

Students who do not successfully achieve hurdle requirement (ii) will receive a maximum of 44% as the total mark for the unit and will not be eligible for a conceded pass. 

General skill outcomes

During this unit, students will receive feedback on the following key generic skills:

  • Have a detailed understanding of the theoretical basis of a management system as it applies to risk.
  • Be familiar with current risk management systems.
  • Be aware of research providing evidence of the effectiveness of management systems in general and risk management systems in particular.
  • Be able to critically evaluate risk management systems and provide thoughtful advice regarding the design and implementation of a risk management system.

Study resources

– Resources and reference material.

Resources and reference material

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.