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Module Title
Strategic Risk Management
Reference BSM741 Version 2
Created February 2017 SCQF Level SCQF 11
Approved May 2017 SCQF Points 15
Amended May 2017 ECTS Points 7.5

Aims of Module
To develop an understanding of the key principles of risk management in the professional working environment. Students will gain an appreciation of the key principles of organising, planning, implementing, performing, incident and emergency management, reviewing and continuous improvement associated with Risk Management.

Learning Outcomes for Module
On completion of this module, students are expected to be able to:
1 Critically evaluate the integration of risk management systems in a strategic context.
2 Critically analyse the challenges of risk management.
3 Critically analyse the role of Corporate Social Responsibility and ethics in risk management systems.
4 Critically appraise the development, implementation and role of Business Continuity Planning with regard to corporate strategy.

Indicative Module Content
The critical examination of strategic philosophy in relation to the setting and continuous improvement of performance standards; the establishment and maintenance of an effective system of risk management; all aspects of risk management are considered including, but not limited to, health and safety, environmental and security; planning and alignment of risk objectives with other organisational goals.

Module Delivery
This module is delivered in both full time on campus and online distance modes. The module utilises a combination of lectures, work-shops, online exercises, tutorials and other student-centred learning activities as appropriate. Online students will have access to a range of materials and tools to facilitate their learning, including topic guides, online chats, Blackboard Classroom, exercises, group-work areas and discussion fora.

Indicative Student Workload Full Time Part Time
Contact Hours 36 36
Non-Contact Hours 114 114
Placement/Work-Based Learning Experience [Notional] Hours N/A N/A
TOTAL 150 150
Actual Placement hours for professional, statutory or regulatory body    

If a major/minor model is used and box is ticked, % weightings below are indicative only.
Component 1
Type: Coursework Weighting: 100% Outcomes Assessed: 1, 2, 3, 4
Description: Report to incorporate the key management systems of health & safety, sustainability & environmental and risk management. This will require demonstrable subject knowledge in each area, plus a critical understanding and level of competency regarding the integrated nature of all three systems.

Explanatory Text
The minimum mark required to pass the module is 40%. The grade awarded for the module depends on the overall percentage grade achieved in the coursework, as noted below.
Module Grade Minimum Requirements to achieve Module Grade:
A 70% or above
B 60 - 69%
C 50 - 59%
D 40 - 49%
E 35 - 39% Fail
F 34% or less Fail
NS Non-submission of work by published deadline or non-attendance for examination

Module Requirements
Prerequisites for Module None in addition to SCQF level 11 entry requirements.
Corequisites for module None.
Precluded Modules None.

Wording of assessment changed to reflect new assessment regime.

1 WARING, A. and GLENDON, A.I., 1998. Managing risk: critical issues for survival and success into the 21st century. Filey: Thomson Business Press.
2 KEW, J. and STREDWICK, J., 2008. Business environment: managing in a strategic context. 2nd ed. London: CIPD.
3 HOPKIN, P., 2012. Fundamentals of risk management: understanding, evaluating and implementing effective risk management. London: CIPD. ebook.
4 BOYLE, T., 2012. Health and safety: risk management. 3rd ed. Wigston: IOSH Services Limited.

Robert Gordon University, Garthdee House, Aberdeen, AB10 7QB, Scotland, UK: a Scottish charity, registration No. SC013781