Risk Management Process and Practice – BMAL 714

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 05/11/2021

Course Description

This course provides an analysis of risk management principles with a focus on the processes of risk management, planning risk management, critical success factors for effective risk management, and performing qualitative and quantitative risk analysis.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.

Rationale

This course is designed to integrate risk into the student’s understanding of strategy. Leadership requires analysis of those factors likely to affect the performance of an organization. Risk analysis tools allow leaders to identify and proactively address both internal and external factors, the extent of the liability, and likelihood of their occurrence. Once that analysis is complete, strategic planning is better informed, creating an opportunity for more strategic leadership.

Measurable Learning Outcomes

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

  1. Determine project risk management and key environmental forces that impact the risks leaders face.
  2. Evaluate the activities required to accomplish a successful Risk Management Plan.
  3. Create a Risk Management Plan that presents principle elements of project risk management.
  4. Integrate the key concepts of project risk management with a Christian worldview. 

 

Course Assignment

Textbook readings and lecture presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Discussions (4)

Discussions are collaborative learning experiences. Therefore, the student will complete 4 Discussions in this course. The student will post one thread of a maximum of 200 words by 11:59 p.m. (ET) on Sunday of the assigned Module. The student must then post 1 reply of a maximum of 200 words by 11:59 p.m. (ET) on Sunday of the next assigned Module. For each thread, students must support their assertions with at least 2 scholarly citations in APA format. Each reply must incorporate at least 2 scholarly citations in APA format. Any sources cited must have been published within the last five years.

Risk Management Techniques Paper Assignment

The student will write a paper that focuses on risk management techniques. Specifically, the student will choose a project within an organization, evaluate what environmental factors contribute to the risk of that project, and build a risk management plan to address those project risks.

  • 10-page length requirement, which should include an abstract of 150-250 words
  • Excluded from this length is the title page and reference section
  • APA formatted
  • 10 references are required in addition to the course textbooks and the Bible
  • Acceptable sources include scholarly articles published within the last five years

People and Risk Paper Assignment

The student will write a paper that focuses on the relationship between people, risk, and security. Specifically, the student will choose a particular industry to analyze, build a risk management plan, and evaluate the effectiveness of that plan as it pertains to that industry’s human resources.

  • 7-page length requirement, which should include an abstract of 150-250 words
  • Excluded from this length is the title page and reference section
  • APA formatted
  • 5 references are required in addition to the course textbooks and the Bible
  • Acceptable sources include scholarly articles published within the last five years

Spiritual Risk Paper Assignment

The student will write a paper that focuses on spiritual risk. Specifically, the student will choose one of the kings in either 1 or 2 Kings and evaluate the effectiveness of that king as it pertains to risk management. This paper should also propose a definition of spiritual risk and support that definition using scripture, references, and risk management theory.

  • 7-page length requirement, which should include an abstract of 150-250 words
  • Excluded from this length is the title page and reference section
  • APA formatted
  • 5 references are required in addition to the course textbooks and the Bible
  • Acceptable sources include scholarly articles published within the last five years

Risk Challenges and Integration Paper Assignment

The student will write a paper that integrates the learnings from this course. Specifically, the student will broaden their overall understanding of strategic leadership by building a risk management plan for an organization of their choosing while utilizing the theories of leadership and New Testament scripture. The student should clearly identify the risks and the plan to address them.

  • 10-page length requirement, which should include an abstract of 150-250 words
  • Excluded from this length is the title page and reference section
  • APA formatted
  • 10 references are required in addition to the course textbooks and the Bible
  • Acceptable sources include scholarly articles published within the last five years