| University | Qualifi Ltd |
|---|---|
| Subject | Unit 6 Sustainable Risk Management (J/618/7058) |
QQI Level 6 Diploma in Business Management, Leadership and Innovation
Unit 6 Sustainable Risk Management Assignment Brief
| Qualification | QQI Level 6 Diploma in Business Management, Leadership and Innovation |
| Unit Reference Code | J/618/7058 |
| Unit Name | Sustainable Risk Management |
| Unit | 6 |
| RQF level | 6 |
Unit Aim
The aim of this unit is to introduce learners to the holistic nature of risk management and strategic decision- making in organisations with sustainability and ethical objectives Learnesr will be expected to be able to evaluate the use of quantitative and qualitative techniques to manage risk in a business context.
Learning Outcomes, Assessment Criteria and Indicative content
| Learning Outcomes
When awarded credit for this unit, a student will: |
Assessment Criteria
Assessment of this learning outcome will require a student to demonstrate that they can: |
Indicative Content |
| 1. Evaluate the holistic nature of risk
management and strategic decision- making in organisations with sustainability and ethical objectives.
|
1.1 Identify the process and purpose of risk management.
1.2 Analyse the impact of risk management on sustainable and ethical business objectives. 1.3 Evaluate risk analysis approaches and how these monitor corporate risks and enhance stakeholder value. |
• Thematic study of ‘Risk Management’
• Risk identification • Risk analysis approaches • Corporate risks • Enhance stakeholder value • Sustainable and ethical business objectives |
| 2. Evaluate the use of quantitative and qualitative techniques to manage risk in a business context. | 2.1 Apply risk identification and management techniques.
2.2 Analyse the need for risk avoidance. 2.3 Evaluate risk management techniques and their impact on decision-making. |
• Risk management, within the sustainable global business environment
• Risk recognition and avoidance • Opportunities for competitive advantage. • Risk management: a pivotal aspect of strategic decision making within all organisations |
Suggested Resources
- Chapelle, A. Hillson, D. 2016 The Risk Management Handbook: A practical guide to managing multiple dimensions of risk. London, Kogan Page.
- Haslan, S. Shenoy, B. 2016 Strategic Decision Making: A discovery led approach to critical choices in turbulent times. London, Koran Page.
- Hopkins, P. 2018 Fundamentals of Risk Management: Understanding, Evaluating, & Implementing Effective Risk Management; 5th Edition. London, Kogan Page.
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