Dec 03, 2020  
2018-2019 Undergraduate Catalog 
    
2018-2019 Undergraduate Catalog [ARCHIVED CATALOG]

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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. SHM 454 and SHM 554 are layerd courses, a student may not receive credit for both. 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



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