Risk Management PG (8426.5)

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 workshops.

You are encouraged to attend all workshops.

There will be discussions of assessment items in workshop. 

Required IT skills

No specific skillset required. You will need to be able to evaluate competing sources of information in this unit. You will also need to search for and gather material about organisations and risk management. 

Reqular access to UCLearn (Canvas) is encouraged. 

For those attending the hybrid workshop on Tuesday, This unit involves online meetings in real time using the Virtual Room in your UCLearn teaching site. The Virtual Room allows you to communicate in real time with your lecturer and other students. To participate verbally, rather than just typing, you will need a microphone. For best audio quality we recommend a microphone and speaker headset. For more information and to test your computer, go to the Virtual Room in your UCLearn site and 'Join Course Room'. This will trigger a tutorial to help familiarise you with the functionality of the virtual room.

In-unit costs

None.

Work placement, internships or practicums

None

• Semester 1, 2024, On-Campus, UC - Canberra, Bruce (221765)
• MBA Trimester 3, 2023, On-Campus, UCI - East China University of Science & Technology Shanghai (220978)
• MBA Trimester 3, 2023, On-Campus, UCI - Ningbo University, Ningbo (220977)
• Semester 2, 2023, Online, UC - Canberra, Bruce (220972)