MGB236 Identifying and Managing Risk
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | MGB236 |
|---|---|
| Prerequisite(s): | 48 credit points of completed study |
| Equivalent(s): | MGB341 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| CSP student contribution | $2,124 |
| Pre-2021 CSP student contribution | $1,663 The pre-2021 commonwealth supported place (CSP) contribution amount only applies to students enrolled in a course prior to 2021. To learn more, visit our Understanding your fees page. |
| Domestic tuition unit fee | $3,204 |
| International unit fee | $4,512 |
Unit Outline: Semester 1 2025, Gardens Point, Internal
| Unit code: | MGB236 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed study |
| Equivalent: | MGB341 |
| Coordinator: | Jack Adams | j29.adams@qut.edu.au |
Overview
Developing an understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to develop students managerial toolkit with current Risk Management models and current national and international risk standards. All forms of organisations face and manage risk in different ways, and this unit shares insights for managing risk in an array of private, public, and entrepreneurial contexts.
Learning Outcomes
On successful completion of this unit you will be able to:
- Describe and illustrate the concepts and frameworks used in risk management and their application in the public and private sectors both domestically and internationally. [KS 1.2]Relates to: UG Business Capabilities: KS (1.2)
- Investigate and report how uncertainty, vulnerability as well as social and systems complexity impact on the capacity to assess and manage risk. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Analyse options for implementing risk mitigation strategies paying attention to social and ethical considerations to a range of critical organisational contexts. [HO 2.1, 2.2, SE 5.1, 5.2]
- Exercise self-reflection and demonstrate skills in professional communication. [PC 3.1, 3.2, TS 4.1]
Content
In this unit you will explore:
Why are organisations at risk?
- Understanding and assessing risk
- Internal sources of risk
- External sources of risk
- Emerging sources of risk
How can we manage risk?
- Managing continuity
- Managing internal risk
- Managing external risk
- Managing unknown risk
- Business continuity planning
What should we do when facing risk?
- Decision making in hi-tempo operations
- Decision making in extreme uncertainty
- Models for creating crisis exercises
- Crisis simulation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The teaching and learning strategies applied in this unit are intended to maximise your involvement and engagement with the concepts that are being presented and to provide opportunities for you to develop thinking and practical skills in a supportive environment. The unit is designed to promote and assess your understanding of the core concepts covered and not just your ability in rote learning and recitation. The unit incorporates a range of interactive lectures, tutorials, and online learning resources to ensure adequate time is devoted to skills development and theory while also familiarising students with self-directed learning, which will become an important aspect of working life once students graduate.
Lectures and tutorials are structured to provide a dynamic learning environment to promote a mixing of theory and critical and analytical applications to real world cases. Lectures include a range of activities: such as guest speakers from entrepreneurial organisations sharing their insights, case studies, desktop simulations and practical risk walk-throughs. Learning activities are designed to provide students with a forum to discuss the application of key literature/readings to real world settings, and tutorials provide instructions and activities that step students through the assessment tasks set for the unit. Canvas resources have been designed for self-directed learning with respect to key readings, case reviews, revision activities, etc., and are supported by the lecture and tutorial program throughout the semester.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to whole class
Assessment
Overview
Assessment in this unit is structured around authentic risk management work outputs, including the developing of corporate threat register entries, developing risk management templates for projects, and exercising risk management and crisis management decision making techniques.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Risk Assessment
The purpose of the first assessment item is for students to apply an internationally recognised standard for managing risk (ISO:31000) to investigate and evaluate a particular threat to an entrepreneurial organisation. To do this, students will be assigned an organisation and context to research, and then populate and submit a corporate threat register template with their research and critical thinking, and explain the threat register entry in a brief video to report on the potential vulnerability for an organisational system - in doing so, a risk rating for the threat will be communicated to the organisation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Risk Management Template
The purpose of the second assessment item is for students to gain an understanding of the challenges of applying risk models and standards to a real world context. Building on the risk analysis created in Assessment 1, students will design a template for a risk management plan, adapted to the context of their assigned organisation. In doing so, students improve the organisation's preparedness for managing disturbances to operations and/or corporate management. To do this, students are required to apply the Business Continuity Management Standard (AS/NZS:5050) as a central framework to create a risk management plan template and demonstrate how the template can be used to provide pragmatic treatment strategies for their assigned organisation to manage risk.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Crisis Management Simulation
The purpose of the final assessment item is for students to critically reflect on key learnings about the effectiveness of risk management models and frameworks for managing crisis when implemented in practice. Building on the contexts explored in Assessment 1 and Assessment 2, students are required to implement a crisis or risk management model to make practical decisions during a crisis simulation. The simulation, which commences in Week 11, requires students to make a series of decisions to navigate a crisis event in the context of the entrepreneurial organisation covered in Assessments 1 and 2, and requires students to reflect on their sense making and reasoning for each decision made. At the conclusion of the simulation, students will evaluate their effectiveness for making decision in high tempo operations, and share their reflections via a 10-15 minute video presentation in Week 13.
Business Capabilities (AoL goals): HO (2.2), TS (4.1), SE (5.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
Weekly readings and additional resources for review will be provided via Canvas in support of lecture material.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with the workshops in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
Engineers Australia Stage 1 Competency Standard for Professional Engineer
1: Knowledge and Skill Base
Relates to: Risk Assessment
2: Engineering Application Ability
3: Professional and Personal Attributes
Relates to: Risk Management Template
Relates to: Risk Assessment, Risk Management Template, Crisis Management Simulation
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO3, Crisis Management Simulation
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Risk Assessment, Risk Management Template
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Risk Management Template
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Risk Assessment
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Crisis Management Simulation
SE (5.2): Global Social Responsibility
Relates to: ULO3, Risk Management Template
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Crisis Management Simulation
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS08 Bachelor of Business - International
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
Unit Outline: Semester 1 2025, Online
| Unit code: | MGB236 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed study |
| Equivalent: | MGB341 |
Overview
Developing an understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to develop students managerial toolkit with current Risk Management models and current national and international risk standards. All forms of organisations face and manage risk in different ways, and this unit shares insights for managing risk in an array of private, public, and entrepreneurial contexts.
Learning Outcomes
On successful completion of this unit you will be able to:
- Describe and illustrate the concepts and frameworks used in risk management and their application in the public and private sectors both domestically and internationally. [KS 1.2]Relates to: UG Business Capabilities: KS (1.2)
- Investigate and report how uncertainty, vulnerability as well as social and systems complexity impact on the capacity to assess and manage risk. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Analyse options for implementing risk mitigation strategies paying attention to social and ethical considerations to a range of critical organisational contexts. [HO 2.1, 2.2, SE 5.1, 5.2]
- Exercise self-reflection and demonstrate skills in professional communication. [PC 3.1, 3.2, TS 4.1]
Content
In this unit you will explore:
Why are organisations at risk?
- Understanding and assessing risk
- Internal sources of risk
- External sources of risk
- Emerging sources of risk
How can we manage risk?
- Managing continuity
- Managing internal risk
- Managing external risk
- Managing unknown risk
- Business continuity planning
What should we do when facing risk?
- Decision making in hi-tempo operations
- Decision making in extreme uncertainty
- Models for creating crisis exercises
- Crisis simulation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The teaching and learning strategies applied in this unit are intended to maximise your involvement and engagement with the concepts that are being presented and to provide opportunities for you to develop thinking and practical skills in a supportive environment. The unit is designed to promote and assess your understanding of the core concepts covered and not just your ability in rote learning and recitation. The unit incorporates a range of interactive lectures, tutorials, and online learning resources to ensure adequate time is devoted to skills development and theory while also familiarising students with self-directed learning, which will become an important aspect of working life once students graduate.
Lectures and tutorials are structured to provide a dynamic learning environment to promote a mixing of theory and critical and analytical applications to real world cases. Lectures include a range of activities: such as guest speakers from entrepreneurial organisations sharing their insights, case studies, desktop simulations and practical risk walk-throughs. Learning activities are designed to provide students with a forum to discuss the application of key literature/readings to real world settings, and tutorials provide instructions and activities that step students through the assessment tasks set for the unit. Canvas resources have been designed for self-directed learning with respect to key readings, case reviews, revision activities, etc., and are supported by the lecture and tutorial program throughout the semester.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to whole class
Assessment
Overview
Assessment in this unit is structured around authentic risk management work outputs, including the developing of corporate threat register entries, developing risk management templates for projects, and exercising risk management and crisis management decision making techniques.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Risk Assessment
The purpose of the first assessment item is for students to apply an internationally recognised standard for managing risk (ISO:31000) to investigate and evaluate a particular threat to an entrepreneurial organisation. To do this, students will be assigned an organisation and context to research, and then populate and submit a corporate threat register template with their research and critical thinking, and explain the threat register entry in a brief video to report on the potential vulnerability for an organisational system - in doing so, a risk rating for the threat will be communicated to the organisation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Risk Management Template
The purpose of the second assessment item is for students to gain an understanding of the challenges of applying risk models and standards to a real world context. Building on the risk analysis created in Assessment 1, students will design a template for a risk management plan, adapted to the context of their assigned organisation. In doing so, students improve the organisation's preparedness for managing disturbances to operations and/or corporate management. To do this, students are required to apply the Business Continuity Management Standard (AS/NZS:5050) as a central framework to create a risk management plan template and demonstrate how the template can be used to provide pragmatic treatment strategies for their assigned organisation to manage risk.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Crisis Management Simulation
The purpose of the final assessment item is for students to critically reflect on key learnings about the effectiveness of risk management models and frameworks for managing crisis when implemented in practice. Building on the contexts explored in Assessment 1 and Assessment 2, students are required to implement a crisis or risk management model to make practical decisions during a crisis simulation. The simulation, which commences in Week 11, requires students to make a series of decisions to navigate a crisis event in the context of the entrepreneurial organisation covered in Assessments 1 and 2, and requires students to reflect on their sense making and reasoning for each decision made. At the conclusion of the simulation, students will evaluate their effectiveness for making decision in high tempo operations, and share their reflections via a 10-15 minute video presentation in Week 13.
Business Capabilities (AoL goals): HO (2.2), TS (4.1), SE (5.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
Weekly readings and additional resources for review will be provided via Canvas in support of lecture material.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with the workshops in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
Engineers Australia Stage 1 Competency Standard for Professional Engineer
1: Knowledge and Skill Base
Relates to: Risk Assessment
2: Engineering Application Ability
3: Professional and Personal Attributes
Relates to: Risk Management Template
Relates to: Risk Assessment, Risk Management Template, Crisis Management Simulation
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO3, Crisis Management Simulation
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Risk Assessment, Risk Management Template
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Risk Management Template
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Risk Assessment
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Crisis Management Simulation
SE (5.2): Global Social Responsibility
Relates to: ULO3, Risk Management Template
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Crisis Management Simulation
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS08 Bachelor of Business - International
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
Unit Outline: Semester 2 2025, Gardens Point, Internal
| Unit code: | MGB236 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed study |
| Equivalent: | MGB341 |
Overview
Developing an understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to develop students managerial toolkit with current Risk Management models and current national and international risk standards. All forms of organisations face and manage risk in different ways, and this unit shares insights for managing risk in an array of private, public, and entrepreneurial contexts.
Learning Outcomes
On successful completion of this unit you will be able to:
- Describe and illustrate the concepts and frameworks used in risk management and their application in the public and private sectors both domestically and internationally. [KS 1.2]Relates to: UG Business Capabilities: KS (1.2)
- Investigate and report how uncertainty, vulnerability as well as social and systems complexity impact on the capacity to assess and manage risk. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Analyse options for implementing risk mitigation strategies paying attention to social and ethical considerations to a range of critical organisational contexts. [HO 2.1, 2.2, SE 5.1, 5.2]
- Exercise self-reflection and demonstrate skills in professional communication. [PC 3.1, 3.2, TS 4.1]
Content
In this unit you will explore:
Why are organisations at risk?
- Understanding and assessing risk
- Internal sources of risk
- External sources of risk
- Emerging sources of risk
How can we manage risk?
- Managing continuity
- Managing internal risk
- Managing external risk
- Managing unknown risk
- Business continuity planning
What should we do when facing risk?
- Decision making in hi-tempo operations
- Decision making in extreme uncertainty
- Models for creating crisis exercises
- Crisis simulation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The teaching and learning strategies applied in this unit are intended to maximise your involvement and engagement with the concepts that are being presented and to provide opportunities for you to develop thinking and practical skills in a supportive environment. The unit is designed to promote and assess your understanding of the core concepts covered and not just your ability in rote learning and recitation. The unit incorporates a range of interactive lectures, tutorials, and online learning resources to ensure adequate time is devoted to skills development and theory while also familiarising students with self-directed learning, which will become an important aspect of working life once students graduate.
Lectures and tutorials are structured to provide a dynamic learning environment to promote a mixing of theory and critical and analytical applications to real world cases. Lectures include a range of activities: such as guest speakers from entrepreneurial organisations sharing their insights, case studies, desktop simulations and practical risk walk-throughs. Learning activities are designed to provide students with a forum to discuss the application of key literature/readings to real world settings, and tutorials provide instructions and activities that step students through the assessment tasks set for the unit. Canvas resources have been designed for self-directed learning with respect to key readings, case reviews, revision activities, etc., and are supported by the lecture and tutorial program throughout the semester.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to whole class
Assessment
Overview
Assessment in this unit is structured around authentic risk management work outputs, including the developing of corporate threat register entries, developing risk management templates for projects, and exercising risk management and crisis management decision making techniques.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Risk Assessment
The purpose of the first assessment item is for students to apply an internationally recognised standard for managing risk (ISO:31000) to investigate and evaluate a particular threat to an entrepreneurial organisation. To do this, students will be assigned an organisation and context to research, and then populate and submit a corporate threat register template with their research and critical thinking, and explain the threat register entry in a brief video to report on the potential vulnerability for an organisational system - in doing so, a risk rating for the threat will be communicated to the organisation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Risk Management Template
The purpose of the second assessment item is for students to gain an understanding of the challenges of applying risk models and standards to a real world context. Building on the risk analysis created in Assessment 1, students will design a template for a risk management plan, adapted to the context of their assigned organisation. In doing so, students improve the organisation's preparedness for managing disturbances to operations and/or corporate management. To do this, students are required to apply the Business Continuity Management Standard (AS/NZS:5050) as a central framework to create a risk management plan template and demonstrate how the template can be used to provide pragmatic treatment strategies for their assigned organisation to manage risk.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Crisis Management Simulation
The purpose of the final assessment item is for students to critically reflect on key learnings about the effectiveness of risk management models and frameworks for managing crisis when implemented in practice. Building on the contexts explored in Assessment 1 and Assessment 2, students are required to implement a crisis or risk management model to make practical decisions during a crisis simulation. The simulation, which commences in Week 11, requires students to make a series of decisions to navigate a crisis event in the context of the entrepreneurial organisation covered in Assessments 1 and 2, and requires students to reflect on their sense making and reasoning for each decision made. At the conclusion of the simulation, students will evaluate their effectiveness for making decision in high tempo operations, and share their reflections via a 10-15 minute video presentation in Week 13.
Business Capabilities (AoL goals): HO (2.2), TS (4.1), SE (5.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
Weekly readings and additional resources for review will be provided via Canvas in support of lecture material.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with the workshops in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
Engineers Australia Stage 1 Competency Standard for Professional Engineer
1: Knowledge and Skill Base
Relates to: Risk Assessment
2: Engineering Application Ability
3: Professional and Personal Attributes
Relates to: Risk Management Template
Relates to: Risk Assessment, Risk Management Template, Crisis Management Simulation
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO3, Crisis Management Simulation
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Risk Assessment, Risk Management Template
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Risk Management Template
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Risk Assessment
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Crisis Management Simulation
SE (5.2): Global Social Responsibility
Relates to: ULO3, Risk Management Template
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Crisis Management Simulation
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS08 Bachelor of Business - International
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
Unit Outline: Semester 2 2025, Online
| Unit code: | MGB236 |
|---|---|
| Credit points: | 12 |
| Pre-requisite: | 48 credit points of completed study |
| Equivalent: | MGB341 |
Overview
Developing an understanding of risk management, in theory and practice, is essential for ensuring resilient and sustainable organisations. Effective risk management outcomes result from the analysis of uncertainties embedded in human knowledge, systems of management and processes in commerce, and from implementing mitigation strategies generated to address these factors. This unit seeks to develop students managerial toolkit with current Risk Management models and current national and international risk standards. All forms of organisations face and manage risk in different ways, and this unit shares insights for managing risk in an array of private, public, and entrepreneurial contexts.
Learning Outcomes
On successful completion of this unit you will be able to:
- Describe and illustrate the concepts and frameworks used in risk management and their application in the public and private sectors both domestically and internationally. [KS 1.2]Relates to: UG Business Capabilities: KS (1.2)
- Investigate and report how uncertainty, vulnerability as well as social and systems complexity impact on the capacity to assess and manage risk. [HO 2.1]Relates to: UG Business Capabilities: HO (2.1)
- Analyse options for implementing risk mitigation strategies paying attention to social and ethical considerations to a range of critical organisational contexts. [HO 2.1, 2.2, SE 5.1, 5.2]
- Exercise self-reflection and demonstrate skills in professional communication. [PC 3.1, 3.2, TS 4.1]
Content
In this unit you will explore:
Why are organisations at risk?
- Understanding and assessing risk
- Internal sources of risk
- External sources of risk
- Emerging sources of risk
How can we manage risk?
- Managing continuity
- Managing internal risk
- Managing external risk
- Managing unknown risk
- Business continuity planning
What should we do when facing risk?
- Decision making in hi-tempo operations
- Decision making in extreme uncertainty
- Models for creating crisis exercises
- Crisis simulation
QUT Business Capabilities (Undergraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge and Technological Skills (KS)
1.1 Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
1.2 Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Higher Order Thinking (HO)
2.1 Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
2.2 Exercise independent judgment and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Professional Communication (PC)
3.1 Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
3.2 Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Teamwork and Self (TS)
4.1 Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across diverse purposes and contexts.
Social, Ethical and Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Learning Approaches
The teaching and learning strategies applied in this unit are intended to maximise your involvement and engagement with the concepts that are being presented and to provide opportunities for you to develop thinking and practical skills in a supportive environment. The unit is designed to promote and assess your understanding of the core concepts covered and not just your ability in rote learning and recitation. The unit incorporates a range of interactive lectures, tutorials, and online learning resources to ensure adequate time is devoted to skills development and theory while also familiarising students with self-directed learning, which will become an important aspect of working life once students graduate.
Lectures and tutorials are structured to provide a dynamic learning environment to promote a mixing of theory and critical and analytical applications to real world cases. Lectures include a range of activities: such as guest speakers from entrepreneurial organisations sharing their insights, case studies, desktop simulations and practical risk walk-throughs. Learning activities are designed to provide students with a forum to discuss the application of key literature/readings to real world settings, and tutorials provide instructions and activities that step students through the assessment tasks set for the unit. Canvas resources have been designed for self-directed learning with respect to key readings, case reviews, revision activities, etc., and are supported by the lecture and tutorial program throughout the semester.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester, which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to whole class
Assessment
Overview
Assessment in this unit is structured around authentic risk management work outputs, including the developing of corporate threat register entries, developing risk management templates for projects, and exercising risk management and crisis management decision making techniques.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Risk Assessment
The purpose of the first assessment item is for students to apply an internationally recognised standard for managing risk (ISO:31000) to investigate and evaluate a particular threat to an entrepreneurial organisation. To do this, students will be assigned an organisation and context to research, and then populate and submit a corporate threat register template with their research and critical thinking, and explain the threat register entry in a brief video to report on the potential vulnerability for an organisational system - in doing so, a risk rating for the threat will be communicated to the organisation.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Risk Management Template
The purpose of the second assessment item is for students to gain an understanding of the challenges of applying risk models and standards to a real world context. Building on the risk analysis created in Assessment 1, students will design a template for a risk management plan, adapted to the context of their assigned organisation. In doing so, students improve the organisation's preparedness for managing disturbances to operations and/or corporate management. To do this, students are required to apply the Business Continuity Management Standard (AS/NZS:5050) as a central framework to create a risk management plan template and demonstrate how the template can be used to provide pragmatic treatment strategies for their assigned organisation to manage risk.
Formative or Summative: Formative and Summative
Business Capabilities (AoL goals): KS (1.2), HO (2.1), PC (3.1), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Crisis Management Simulation
The purpose of the final assessment item is for students to critically reflect on key learnings about the effectiveness of risk management models and frameworks for managing crisis when implemented in practice. Building on the contexts explored in Assessment 1 and Assessment 2, students are required to implement a crisis or risk management model to make practical decisions during a crisis simulation. The simulation, which commences in Week 11, requires students to make a series of decisions to navigate a crisis event in the context of the entrepreneurial organisation covered in Assessments 1 and 2, and requires students to reflect on their sense making and reasoning for each decision made. At the conclusion of the simulation, students will evaluate their effectiveness for making decision in high tempo operations, and share their reflections via a 10-15 minute video presentation in Week 13.
Business Capabilities (AoL goals): HO (2.2), TS (4.1), SE (5.1)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Academic Integrity
Academic integrity is a commitment to undertaking academic work and assessment in a manner that is ethical, fair, honest, respectful and accountable.
The Academic Integrity Policy sets out the range of conduct that can be a failure to maintain the standards of academic integrity. This includes, cheating in exams, plagiarism, self-plagiarism, collusion and contract cheating. It also includes providing fraudulent or altered documentation in support of an academic concession application, for example an assignment extension or a deferred exam.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Breaching QUT’s Academic Integrity Policy or engaging in conduct that may defeat or compromise the purpose of assessment can lead to a finding of student misconduct (Code of Conduct – Student) and result in the imposition of penalties under the Management of Student Misconduct Policy, ranging from a grade reduction to exclusion from QUT.
Requirements to Study
Requirements
No additional requirements.
Costs
No additional costs.
Resources
Weekly readings and additional resources for review will be provided via Canvas in support of lecture material.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with the workshops in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
Engineers Australia Stage 1 Competency Standard for Professional Engineer
1: Knowledge and Skill Base
Relates to: Risk Assessment
2: Engineering Application Ability
3: Professional and Personal Attributes
Relates to: Risk Management Template
Relates to: Risk Assessment, Risk Management Template, Crisis Management Simulation
QUT Business Capabilities (Undergraduate)
HO (2.1): Critical Analysis
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO3, Crisis Management Simulation
KS (1.2): Technical and Technological Skills
Relates to: ULO1, Risk Assessment, Risk Management Template
PC (3.1): Professional Communication (Written)
Relates to: ULO4, Risk Management Template
PC (3.2): Professional Communication (Oral)
Relates to: ULO4, Risk Assessment
SE (5.1): Ethical and Legal Understanding
Relates to: ULO3, Crisis Management Simulation
SE (5.2): Global Social Responsibility
Relates to: ULO3, Risk Management Template
TS (4.1): Self-Reflection and Accountability
Relates to: ULO4, Crisis Management Simulation
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS05 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS06 Bachelor of Business
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation
BS08 Bachelor of Business - International
- Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
Relates to: ULO3, Risk Management Template - Apply technical and technological skills appropriate and effective for real world business purposes and contexts.
Relates to: ULO1, Risk Assessment, Risk Management Template - Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
Relates to: ULO2, ULO3, Risk Assessment, Risk Management Template - Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
Relates to: ULO3, Crisis Management Simulation - Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Management Template - Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
Relates to: ULO4, Risk Assessment - Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
Relates to: ULO4, Crisis Management Simulation - Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
Relates to: ULO3, Crisis Management Simulation