1997 Swinburne Higher Education Handbook

-. u
Recommended reading
De Jonghe, P., Readings in Risk Management, Risk Transfer G
Insurance. Melbourne, Swinburne Institute of Technology, -. 1983
MM7 14 Risk Analysis 7 &,G
6 credit ~oints 2 hours ~ eGeek r Hawthorn Instruction:
lectures and tutorials
A first year subject in the Graduate Diploma of Risk
Management
0 - biectives ~-,- --
To further develop principles and techniques of risk
Assessment:, analys~s and control.
Content
Historical overview of health and safety within society; prescientific
attitudes to causation and early scientific
approaches to risk analysis.
..
Risk analysis and use of modelling application of risk
estimation, psychological, energy damage and generalised
time sequence models.
Risk diagrams and analysis of risk related data; recording of
data.
Occurrence investigation the Objectives and training
requirements.
Information systems classification, analysis and use of data.
Recommended reading
Selected readings and course notes
Rowe, W.D., An Anatomy ofRisk. Repr. Manabar, R.E. Krieger,
1988
Viner. D., Accident Adysis and Risk Control. Carlton South,
VJR Delphi, 1991
'', (L' '
MM7 15 Risk Engineering'
7 credit points 3 hours per week Hawthorn
Instruction: lectures and tutorials
A first year subject in the Graduate Diploma of Risk
Management
0 bjectives
To rovide students with further experience in the
appEcation of risk estimation and analytical techniques.
Content
Risk estimation and loss rate concept.
Risk diagrams and risk modelling principles.
Risk modelling using computer simulations.
o Outcome analysis and event trees.
B
p. - Fault tree analysis techniques and applications.
M
Failure modes and effects analysis and methodology.
Sources of risk data probability, failure and reliability.
Hazard and operability studies.
Recommended reading
Rowe, W.D., An Anatomy of Risk. Repr. Malabar, R.E. Krieger,
1988
Viner, D., Accident Analysis and Risk Control. Carlton South,
VJR Delphi, 1991
h716 Risk Evaluation Principles
6 credit points 2 hours per week Hawthorn
Instruction: lectures and tutorials
A first year subject in the Graduate Diploma of Risk
Management
Objectives
The objective of this subject is for students to understand
the application of risk evaluation and decision making
within human social structures and the implications for
human organisation activities.
Content
Risk evaluation and the role of decision making problem
solving and decision making; case studies; personal and small
group risk evaluation principles; the balance between risk
benefits and costs (including disbenefits); acceptability of
risk; basis upon which people respond to risk situations;
controllability of risk; control techniques and trend analysis.
Human social organisations fundamentals of human social
organisation; nature and operation of groups; nature and
experience of risk within groups; organisational behaviour
in situations of change.
Recommended reading
Eunson, B., Behaving Manuging YourseIfand Othm. Sydney,
McGraw-Hill, 1987
Fischhoff, B. et al., Acceptable Risk. Cambridge, New York,
Cambridge University Press, 1985
Mooney, G.H., The Valuation of Human Lqe. London, Macmillan
Press, 1977
Rescher, N., Risk A Philosophical Introduction to the Thmry of Risk
Evaluation &Management. Washington D.C., University Press of
America, 1983
Schwing, R.C. and Albers, W.A. Jr. (ed.), Societal Risk Assessment.
How Safe is Safe Enough? New York, Plenum Press, 1980
'T;;s$iWorking w'th Groups. South Melbourne, Macmillan,
C/t
MM718 Financial Risk Management
6 credit points 2 hours per week Hawthorn Instruction:
lectures and tutorials Assessment: assignments
A first year subject in the Graduate Diploma of Risk
Management
0 bjectives
To further develop a practical understanding of how risk
may be effectively managed, and how this relates to the
various financial structures within the country.
Content
Risk management systems organisational and national
structures,crisis managemen; systems, and Assessment: of
organisation effectiveness; types of financial risk;
financial instruments and their use; the timing of
financial risk; tax effects associated with financial risk;
cost benefit analysis principles and techniques;
forecasting techniques; project financing.
Reference
Carew, E., Fast Money 3. North Sydney, Allen & Unwin, 1991