Offered
Not offered in 2008
Synopsis
This unit is designed to introduce the concept of risk as a business philosophy and to introduce the students to the Australian Risk Management Standard, AS/NZS 4360:1999.
Objectives
The learning objectives of this unit are to:
- demonstrate an understanding of the scope, application and definition of risk;
- explain the risk treatment requirements needed by business;
- compare and contrast the risk management process with existing approaches to governance, compliance and control;
- apply the risk approach to effective business control, by reference to AUS/NZ 4360:2004;
- apply critical thinking, problem solving and presentation skills in individual and/or group activities dealing with risk.
Assessment
Assignment (3000 words): 30%
Examination (3 hours): 70%
