SHM 455 - Risk Assessment and Treatment

Description:
This course provides students with a broad understanding of the risk assessment and treatment techniques for the major categories of risk faced by all organizations, with an emphasis on hazard risk (insurable risk). Course will be offered every year (Winter).

Credits: (4)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Demonstrate an ability to use loss control techniques for hazard risk.
Use failure mode and effects analysis (FMEA) to assess and mitigate risk.
Given information on a physical property, assess the risk and recommend treatment options for protecting lives and property.
Identify and describe control measures for the following risk categories: legal and regulatory, management liability, human resource, environmental, crime and cyber, and fleet risks.

Learner Outcomes Approval Date:
Approved Fall 2017

Anticipated Course Offering Terms and Locations: