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Continuing Education in Risk Management
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SESC9211
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ObjectivesThe course is designed for managers or engineers for whom effective management of risk is just one of many responsibilities or for professional risk managers who are looking for an overview of risk management applied to different risk areas. The course will demonstrate the practical implementation of risk management to a range of different applications and provide opportunities for each participant to consider a particular risks of relevance to their own organisation. The course takes students through the steps of the risk management process as defined by AS/NZS4360 with exercises and examples so that participants can explore how each step applies to their own organisation and its risks. Qualitative and quantitative risk analysis techniques are introduced with the aim of providing sufficient understanding of the techniques so that participants can assess their applicability to their own problems and recognise their strengths and weaknesses. The course presents the core risk management subject from the Master degree at UNSW as a continuing education course which may be studied either by correspondence or by attending lectures at UNSW 1 night per week for 12 weeks . A short course format is also available.
Study Modes
- Internal : - 12 weeks of lectures, 3 hours a week, Monday 6 - 9pm, classes commence 1st week in March and again mid-July
- Correspondence : Commencing 1st week in March and again in mid-July
- Short course : 5 days. Next course planned for July - August 2008. To express your interest, contact d.leonte@unsw.edu.au
Cost : AUD $2211 (local) or $3201 (international)
Application forms can be downloaded from the Quicklinks menu on the left hand side of this page.
Topic AreasThe format of the subject is to step through each step of the risk management process as defined in AS/NZS4360:2004. In each unit tools and techniques for performing a step of the process in different applications are presented and participants consider which are applicable to their problems.
- Concepts of risk and risk management Communication and Consultation
- Establishing the context
- Strategic risk management and Planning a risk management program
- Identifying risks
- Risk Analysis
- Qualitative Analysis
- Statistical Analysis of common risks
- Consequence analysis
- Fault trees, decision trees and event trees
- Human and management factors
- Risk evaluation and decision criteria
- Risk Treatment
- Documentation, Monitoring and Review
- Implementation of a risk management program
Students carry out a case history relevant to their own situation.
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Assessment is optional for continuing education students but students who elect
to be assessed may later count the subject for credit towards a UNSW postgraduate
program e.g. Master of Risk Management, or Master of Technology Management. The subject has the weight of 1/12 of a full time year. postgraduate credits are often transferable between programs and between Universities.
The assessment is:
- Formal Exam 50%
- Case study 30%
- Assignment 20%
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