Risk Management PG (8426.5)
| Available teaching periods | Delivery mode | Location |
|---|---|---|
| View teaching periods | Online On-Campus Flexible |
Bruce, Canberra Shanghai, China Ningbo, China |
| EFTSL | Credit points | Faculty |
| 0.125 | 3 | Faculty Of Business, Government & Law |
| Discipline | Study level | HECS Bands |
| Canberra Business School | Post Graduate Level | Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) Band 5 2021 (Commenced Before 1 Jan 2021) |
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 effectively1. 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.Incompatible units
None.Equivalent units
None.Assumed knowledge
None.| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|---|---|---|---|---|
| 2023 | Bruce, Canberra | Semester 2 | 31 July 2023 | Online | Dr Stephen Sim |
| 2023 | Shanghai, China | MBA Trimester 3 | 03 October 2023 | On-Campus | Dr Stephen Sim |
| 2023 | Ningbo, China | MBA Trimester 3 | 03 October 2023 | On-Campus | Dr Stephen Sim |
| 2024 | Bruce, Canberra | Semester 1 | 05 February 2024 | Online | Prof Lorne Cummings |
| 2024 | Bruce, Canberra | Winter Term | 27 May 2024 | Flexible | Prof Lorne Cummings |
| 2024 | Ningbo, China | MBA Trimester 3 | 08 October 2024 | On-Campus | Dr Ian MacLean |
| 2024 | Shanghai, China | MBA Trimester 3 | 08 October 2024 | On-Campus | Dr Ian MacLean |
Required texts
Recommended texts:
1. AS/NZS ISO 31000:2018, Risk Management – Guidelines.
2. ISO Guide 73:2009, Risk Management – Vocabulary.
3. Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, https://financial services.royalcommission.gov.au/Pages/default.aspx. There is a wealth of information on risks and poor risk management in the financial sector in the submissions, public hearings, interim report and final report.
4. ISO/IEC 31010, Risk Management – Risk Assessment Techniques.
5. Committee of Sponsoring Organisations of the Treadway Commission (COSO) (2017), Enterprise Risk Management - Integrating Strategy with Performance - Executive Summary.
6. Committee of Sponsoring Organisations of the Treadway Commission (COSO) (2004) Enterprise Risk Management – Integrated Framework (Application Techniques).
7. Project Management Institute (2008), A Guide to the Project Management Body of Knowledge (PMBOK), Chapter 11, Risk Management.
8. Association for Project Management (APM) (2004), Project Risk Analysis and Management Guide, 2nd Edition – APM Publishing.
9. McGeorge D. and Zou P.X.W. (2013) Chapter 6 Enterprise Risk Management, in Construction Management: New Directions, 3rd Edition, Wiley-Blackwell.
10. Zou P.X.W. and Yang R.J (2013) Guidelines for Group Assignments, The University of Canberra, 45 pages.
Additional relevant list may be provided in the class. Students are expected to make extensive use of the academic literature, government policy documents and industry standards as well as academic/professional texts and journals in the field of risk management.
Standards Australia
The Standards Australia website can be accessed through the University of Canberra Library (it should be noted that as the university has only one licence, only one person can be logged on at any one time, therefore logging off is very important).
Access to University's subscribed databases:
The University subscribes to a number of online bibliographic databases. These can be accessed via the University homepage. Select ‘For Students', then under ‘Internet Services' click on ‘Database and E-journal access'. Each of the databases offers several thousand current journal articles in full text form. You might also like to browse through the Library's collection of Electronic and Print Journals.
Additional Readings
ISO SAC China ISO - SAC - Standardization Administration of China
We encourage students to read the executive summaries of any three of the following reports.
China
- No. 4 of 2006 (General Serial No. 16): The Audit Findings on Assets and Liabilities, Profit and Loss of the Agricultural Bank of China in 2004 (06-6-2). https://www.audit.gov.cn/en/n746/n752/n762/index.html.
- The Audit Investigation Findings on the Implementation of the Projects of Rural Highway Upgrading and Thoroughfare Program in 16 Provinces Including Henan. https://www.audit.gov.cn/en/n746/n752/n762/index.html.
Australia
- Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. Final Report - Volume 1 (royalcommission.gov.au)
- Australian National Audit Office, ANAO, Management of Commonwealth Fisheries, Report No. 45, 2020-21. Management of Commonwealth Fisheries | Australian National Audit Office (anao.gov.au)
- Australian National Audit Office, ANAO, Australia's COVID-19 Vaccine Rollout, Report No. 3, 2022-23. Australia's COVID-19 Vaccine Rollout | Australian National Audit Office (anao.gov.au)
- Australian National Audit Office, ANAO, Award of Funding Under the Building Better Regions Fund, Report No. 1, 2022-23. Award of Funding under the Building Better Regions Fund | Australian National Audit Office (anao.gov.au)
USA
- General Accountability Office, GAO, 2017 HURRICANES Update on FEMA's Disaster Recovery Efforts in Puerto Rico and the U.S. Virgin Islands. GAO-22-106211, 2017 HURRICANES: Update on FEMA's Disaster Recovery Efforts in Puerto Rico and the U.S. Virgin Islands
- General Accountability Office, GAO, Flood Mitigation: Actions Needed to Improve Use of FEMA Property Acquisitions. www.gao.gov/products/gao-22-106037
Participation requirements
Students should watch the pre-recorded lecture content prior to attending the tutorials/workshops.
Students should attend all workshops.
Required IT skills
Familiarity with word processing and internet search.
In-unit costs
None.
Work placement, internships or practicums
None
