Risk Management PG (8426.4)

This unit is designed to enable students to understand and apply sustainability principles in strategic procurement in government and industry. The incorporation of sustainability principles and practices has the potential to provide positive outcomes for society and the environment. Students will learn about the political, social, legal/regulatory and environmental context of procurement decisions, and develop practical skills in the design, implementation and evaluation of sustainable procurement strategies in public and private sector organisations. The unit features learning by case studies so that students gain practical experience related to whole-of-life procurement management, sustainability policy and standards, incorporation of sustainability principles in specifications and tender documentation, and measurement and evaluation of sustainability performance.

Learning outcomes

demonstrate advanced knowledge and professional competence in the application of risk management concepts, methods and tools; demonstrate an understanding of the scope, application and definition of risk;
apply the risk approach to effective business control considering the identification, analysis and evaluation, treatment and review of risk management processes; utilise professional literature on risk management to contribute to professional best practice in risk management.

Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development

Prerequisites

None.

Corequisites

None

Assumed knowledge

None