Handbook

This course aims to introduce students to the complex and diverse range of risks that indivduals and organizations must manage in today's fast-changing global environment, as well as the fundamental principles, frameworks and practices of risk management. The course discusses the complex nature of the words 'uncertainty' and 'risk', and how their many definitions and interpretations impact risk management. The course covers aspects of risk management including why individuals and organizations must manage risks; the identification, classification and measurement of risks; the fundamental principles and frameworks for risk management; the tools and techniques used in the risk management process; the important role of risk culture and communication in managing enterprise risks; and current issues in risk management.