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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Risk Management (MBS689)

Organisational Unit Business
Credit Points 3
Description This unit discusses an integrated risk management framework that can be applied to a wide range of industries. It covers risk management principles frameworks and processes, risk management strategic planning and corporate governance, information security, and crisis management. On completion of the unit students should have a comprehensive understanding of risk management techniques and risk management planning and be able to create a risk management plan for an organisation.
Unit Learning Outcomes On successful completion of the unit you should be able to:
1. Develop a risk management framework for a business, organisation or project.
2. Conduct a risk assessment for a business, organisation or project.
3. Develop risk treatment strategies or plans to manage and mitigate unacceptable risks.
4. Develop a risk management plan for a business, organisation, or project.
Timetabled Learning Activities Lectures/seminars/workshops: 3 hours per week.
Unit Learning Experiences The unit is delivered using blended learning design features with core unit materials provided in a digital format followed up by small class knowledge application and skills development. This is enhanced by self directed learning to further develop skills and application of knowledge to practical and current issues. Students also have a collaborative work environment, with a core assignment completed collaboratively.
Assessment Case Study 30%
Risk Management Plan 40%
Exam 30%
Prerequisites Enrolment in a graduate-level course.
Exclusions Students who have successfully completed MBS572 Risk Management may not enrol in this unit for credit.
Previously 2013: MBS572
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


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