JST413 Risk Management (8)

This subject addresses risk management, both in the broader context and from an organisational perspective, and takes into consideration the pro-active and reactive measures which prevent or minimise risk in public and private sectors. It draws heavily upon the Australian and New Zealand Standard, AS/NZS ISO:31000:2009 Risk Management-Principles & Guidelines, and AS/NZS 4360:2004, when examining the risk management process. Students, drawing on their own experiences, examine how risk plays a crucial role in business decision making, the ways in which risk manifests itself over time and across activities, and the methods used in managing risk across organisational policies, practices, systems and processes.


Session 3 (90)
Manly Campus

Continuing students should consult the SAL for current offering details: JST413. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System



One session


Australian Graduate School of Policing and Security

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to discuss the application of risk management to a practical setting;
  • be able to effectively define risk;
  • be able to identify the various risks that can threaten organisations;
  • be able to assess and analyse the nature of the risk; and
  • be able to discuss and develop strategies to minimise risk.


This subject will cover the following topics:
  • the theoretical bases of risk management
  • the cultural dimensions of risk management
  • applying the Risk Management Standard in the workplace

Indicative Assessment

The following table summarises the assessment tasks for the online offering of JST413 in Session 3 2020. Please note this is a guide only. Assessment tasks are regularly updated and can also differ to suit the mode of study (online or on campus).

Item Number
Value %
Annotated bibliography and organisational contexts
Risk management project

The information contained in the CSU Handbook was accurate at the date of publication: May 2021. The University reserves the right to vary the information at any time without notice.