Risk Management Process and Practice – BMAL 714

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

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.

Prerequisite

BMAL 700

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 concepts of key project risk management processes presented in this course with faith and learning.

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 Module/Week 1.

Discussion Board Forums (4)

Discussion boards are collaborative learning experiences. Therefore, the student is required to provide a thread in response to the provided prompt for each forum. Each thread must be no more than 200 words and demonstrate course-related knowledge. In addition to the thread, the student is required to reply to one other classmate’s thread. Each reply must be no more than 200 words.

Risk Management Techniques Paper

The student will write a 10-page research-based paper in current APA format 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. The paper must include at least 10 references in addition to the course textbooks and the Bible.

People and Risk Paper

The student will write a 7-page research-based paper in current APA format 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. The paper must include at least 5 references in addition to the course textbooks and the Bible.

Spiritual Risk Paper

The student will write a 7-page research-based paper in current APA format 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 will also propose a definition of spiritual risk and support that definition using scripture, references, and risk management theory. The paper must include at least 5 references in addition to the course textbooks and the Bible.

Risk Challenges and Integration Paper

The student will write a 10-page research-based paper in current APA format 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 will clearly identify the risks and the plan to address them. The paper must include at least 10 references in addition to the course textbooks and the Bible.