This subject develops a framework to assess, measure and reduce risk using qualitative and quantitative approaches. The influence of the decision maker through individual bias and decision-making heuristics is also examined. The subject is closely linked with the key industry risk management standards AS/NZS 4360 and ISO31000. Through the application of real world problems, students will become familiar with the role of the risk manager. Students will also explore the use of risk management tools and how to incorporate these into their management design and strategies.
School of Management and Marketing
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The information contained in the 2018 CSU Handbook was accurate at the date of publication: August 2018. The University reserves the right to vary the information at any time without notice.