Management of Risk (832N1)
15 credits, Level 7 (Masters)
Risk surrounds us, and risk management is crucial to organisations. This module aims to provide you with an understanding of the nature of risk and the role of risk management in modern organisations. From this, you develop an understanding of key processes involved in developing a risk management plan and techniques used to identify, assess and manage risk.
We address the various aspects involved in the management of risk in project and operational business environments. Broader issues of technological risk are also addressed. Topics covered include the:
- external and internal factors that contribute to the emergence and escalation of risks
- processes required to manage those risk
- involvement of stakeholder
- tools and methods applied to identify assess and control risks
- management of project risks associated with innovation and technology
- interface between technological risks and their management within society.
30%: Coursework (Report)
70%: Written assessment (Essay)
Contact hours and workload
This module is approximately 150 hours of work. This breaks down into about 32 hours of contact time and about 118 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.
We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2023/24. However, there may be changes to these modules in response to COVID-19, staff availability, student demand or updates to our curriculum. We’ll make sure to let our applicants know of material changes to modules at the earliest opportunity.