SHM 454 - Risk Management Principles and Practices

Description:
An overview of risk management, categories of risk, the loss exposures an organization may face, and tools that safety/risk management professionals can use to determine the significance of a loss exposure to an organization. Course will be offered every year (Fall).

Credits: (4)

Learner Outcomes:

The student will be able to describe the concept of enterprise-wide risk management and the various risks faced by an organization.
The student will be able to identify and apply risk management standards and guidelines.
The student will be able to explain how ISO 31000 provides a framework and a process for an organization to manage its risks.
The student will be able to apply the enterprise-wide risk management framework and process to an organization’s hazard risk.
The student will be able to, given a description of a business operation, recommend techniques for identifying and mapping risk.
The student will be able to demonstrate an ability to quantify risk through the application of statistical analysis techniques.

Learner Outcomes Approval Date:
Approved Fall 2017