POAD9034 Risk Management - Principles and Practice

2012

4.5

3 x 1-day intensive workshops per semester

POAD8202 has been successfully completed

This topic will provide managers with an understanding of the principles and practice of risk management. It will examine risk management from the perspective of standards, legislation and good practice. The current Australian Standard on risk management will provide the framework for developing this understanding. Legislation which requires the application of risk management, such as insurance law and occupational health and safety laws, will also be discussed, with an emphasis on how risk management principles assist in legislative compliance. Risk management practice will be further explored through case studies on governance, internal control, finance, asset management and other risk management applications.

The topic aims to ensure that participants reach an understanding of the overarching nature of risk management and of the risk assessment process.

On successful completion of this topic students will:

• have an understanding of risk management principles and techniques
• be able to apply risk management techniques to a project relevant to the students own workplace