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RSK 714 - Risk Assessment & Treatment C21 (Online Accelerated)

Academic Credit Value:
3 units
Course Delivery Mode:
Online
Hours of Study:
39 hours
Course Prerequisite(s):
Courses are to be taken in order (RSK 713, 714, 715)
Course Anti-requisite(s):
n/a
Instructor Name:
Adam Prokop
Course Dates:
03/01/2021 - 05/09/2021



Required Course Materials:
CRM 55 Risk Assessment and Treatment textbook, 2nd edition & CRM 55 Course Guide, 2nd edition
Optional Course Materials:
Course Description:

This course can be seen as the second course offering and continuation of the introductory course, Risk Management Principles and Practices, of the three part series of risk management courses.  It provides a broad understanding of the assessment and treatment techniques for the major categories of risk faced by all organizations, such as operational, financial, strategic and hazard risks.  The first part of the course takes an enterprise wide approach to risk management by explaining risk assessment techniques such as root cause analysis and continues to detail risk treatment alternatives including risk transfer, in order to manage the downside of risk while pursuing opportunities.  In addition to the traditional risks of property, liability and human resource risks facing all organizations, emerging risks such as cyber risk, social media risk, reputation risk and supply chain risks are discussed and treatment options reviewed.

Learning Outcomes:

The primary learning objective of this course is to gain an understanding of the holistic or enterprise wide approach of risk management, the importance of risk assessment, the tools that are available for an organization in order to prioritize the treatment of key risks, all in an effort to manage effectively any undesirable obstacles to pursuing opportunities and organizational objectives.

In this course you will:
-Understand the importance of risk assessment and the risk assessment process in order to improve organizational results
-Learn the different tools and techniques that will enable you to identify those risks that require treatment in order to modify identified risks in order to achievegoal(s) and objectives
-Describe the evolution of business continuity management and its alignment with risk management
-Describe the various categories of risks including emerging risks
-Learn the different types of risk treatment techniques
-Develop the ability to assess the risk and recommend the most effective and relevanttreatment option(s)


 

Course Evaluation

Participation: Group Discussions                                     10% of Total Grade

Quiz #1: Chapters 1-4                                                        10% of Total Grade

Quiz #2: Chapters 4-7                                                        10% of Total Grade

Quiz #3: Chapters 8-11                                                      10% of Total Grade

Assignment 1: Chapters 1-3                                             25% of Total Grade                                      

Assignment 2: Chapters 4 -11                                          35% of Total Grade

 

Course Format:

This course emphasizes student participation through group discussions.  It is expected that students will read the assigned chapters per the weekly requirements.

During Week 3, 6, and 8 in the course, you will be required to participate in active discussions with your group. Your participation grade will be based on this work. You will have from the beginning of the week until the end of the week to participate. The goal is to have an active dialogue among course participants. Each discussion question will have a topic/article posted to guide your discussion.

Instructor Online Sessions

During Week 4 and Week 7 of the course, there will be two online live or recorded sessions were the instructor will check in on students' progress in the course, answer questions about the assignments, and provide general guidance. Attendance is optional as the instructor will post the recorded session of the assignment overview and will also be available throughout the course for consultation on the assignments.

Assignment Submission:
Course assignments are submitted to the appropriate A2L Assignment folder by the specified due date
Late Coursework:
Late assignments will be subject to a 2% per day late penalty (includes weekends and holidays) for up to seven (7) days. After this date, no assignments will be accepted and a grade of zero (0) will be applied.  Extensions for course work must be approved by the instructor before the due date (see Academic Regulations below), and will be granted for illness or emergencies only. Students may be asked to submit supporting documentation for an extension request.  

Policy & Procedures:

Academic Regulations (Attendance, Coursework, Tests/Exams):
In accordance to McMaster University’s General Academic Regulations, “it is imperative that students make every effort to meet the originally scheduled course requirements and it is a student’s responsibility to write examinations as scheduled.” Therefore, all students are expected to attend and complete the specific course requirements (i.e. attendance, assignments, and tests/exams) listed in the course outline on or bythe date specified. Students who need to arrange for coursework accommodation, as a result of medical, personal or family reasons, must contact the course instructor within 48 hours days of the originally scheduled due date. It is the student’s responsibility to contact the Program Manager to discuss accommodations and procedures related to deferred tests and/or examinations within 48 hours days of the originally scheduled test/exam, as per policy. Failure to contact the course instructor, in the case of missed coursework, or the Program Manager, in the case of a missed test/examination, within the specified 48-hour day window will result in a grade of zero (0) on the coursework/exam and no further consideration will be granted.

*Note: Supporting documentation will be required but will not ensure approval of accommodation(s).
Academic Integrity
You are expected to exhibit honesty and use ethical behaviour in all aspects of the learning process. Academic credentials you earn are rooted in principles of honesty and academic integrity. Academic dishonesty is to knowingly act or fail to act in a way that results or could result in unearned academic credit or advantage. This behaviour can result in serious consequences, e.g. the grade of zero on an assignment, loss of credit with a notation on the transcript (notation reads: “Grade of F assigned for academic dishonesty”), and/or suspension or expulsion from the university.

It is your responsibility to understand what constitutes academic dishonesty. For information on the various types of academic dishonesty please refer to the Academic Integrity Policy, located at http://www.mcmaster.ca/academicintegrity/

The following illustrates only three forms of academic dishonesty:
Plagiarism, e.g. the submission of work that is not one’s own or for which other credit has been obtained.
Improper collaboration in-group work.
Copying or using unauthorized aids in tests and examinations.
Academic Accommodations:

ACADEMIC ACCOMMODATION OF STUDENTS WITH DISABILITIES

Students with disabilities who require academic accommodation must contact Student Accessibility Services (SAS) at 905-525-9140 ext. 28652 or sas@mcmaster.ca  to make arrangements with a Program Coordinator. For further information, consult McMaster University’s Academic Accommodation of Students with Disabilities policy.

Academic Accommodation for Religious, Indigenous or Spiritual Observances (RISO)

Students requiring academic accommodation based on religious, indigenous or spiritual observances should follow the procedures set out in the RISO policy. Students will need to contact their instructors as soon as possible to make alternative arrangements for classes, assignments, and other coursework. It is the student’s responsibility to contact McMaster Continuing Education to discuss accommodations related to examinations. (if applicable)

On-line Elements:

This course emphasizes student participation through group discussions.  It is expected that students will read the assigned chapters per the weekly requirements.

During Week 3, 6, and 8 in the course, you will be required to participate in active discussions with your group. Your participation grade will be based on this work. You will have from the beginning of the week until the end of the week to participate. The goal is to have an active dialogue among course participants. Each discussion question will have a topic/article posted to guide your discussion.

Conduct Expectations:

As a McMaster student, you have the right to experience, and the responsibility to demonstrate, respectful and dignified interactions within all of our living, learning and working communities. These expectations are described in the Code of Student Rights & Responsibilities (the “Code”). All students share the responsibility of maintaining a positive environment for the academic and personal growth of all McMaster community members, whether in-person or online.

It is essential that students be mindful of their interactions online, as the Code remains in effect in virtual learning environments. The Code applies to any interactions that adversely affect, disrupt, or interfere with reasonable participation in University activities. Student disruptions or behaviours that interfere with university functions on online platforms (e.g. use of Avenue 2 Learn, WebEx or Zoom for delivery), will be taken very seriously and will be investigated. Outcomes may include restriction or removal of the involved students’ access to these platforms.

Copyright and Recording:

Students are advised that lectures, demonstrations, performances, and any other course material provided by an instructor include copyright protected works. The Copyright Act and copyright law protect every original literary, dramatic, musical and artistic work, including lectures by University instructors.

The recording of lectures, tutorials, or other methods of instruction may occur during a course. Recording may be done by either the instructor for the purpose of authorized distribution, or by a student for the purpose of personal study. Students who wish to record sessions need to acquire permission from the instructor. Students should be aware that their voice and/or image may be recorded by others during the class. Please speak with the instructor if this is a concern for you.

In this course, we will be using on-line elements, which may include email, Avenue to Learn, WebEX, and external web sites.  Students should be aware that, when they access the electronic components of this course, private information such as first and last names, user names for the McMaster e-mail accounts, and program affiliation may become apparent to all other students in the same course. The available information is dependent on the technology used. Continuation in this course will be deemed consent to this disclosure. If you have any questions or concerns about such disclosure please discuss this with the course instructor. 
Turnitin.com:
Course Changes:

The instructor reserves the right to modify elements of the course and will notify students accordingly.

Extreme Circumstances:

The University reserves the right to change the dates and deadlines for any or all courses in extreme circumstances (e.g., severe weather, labour disruptions, etc.). Changes will be communicated through regular McMaster communication channels, such as McMaster Daily News, A2L and/or McMaster email.

Course Withdrawal Policy:

Policies related to dropping a course and course withdrawals are posted to the Centre for Continuing Education’s program webpage, FAQs & Policies (https://www.mcmastercce.ca/cce-policies#Dropping).

Storm Closure Policy:
In the event of inclement weather, the Centre for Continuing Education will abide by the University’s Storm Closure Policy: https://www.mcmaster.ca/policy/Employee/storm_emergency_policy.pdf, and will only close if the University is closed. All in-class courses, exams and room bookings by internal and external clients will be cancelled if the Centre for Continuing Education is closed. On-line courses will take place as scheduled.
Grading Scale:

Grade

Equivalent Grade Point

Equivalent Percentages

A+

12

90-100

A

11

85-89

A-

10

80-84

B+

9

77-79

B

8

73-76

B-

7

70-72

C+

6

67-69

C

5

63-66

C-

4

60-62

D+

3

57-59

D

2

53-56

D-

1

50-52

F

0

0-49

Course Schedule:
 

Period

Module

Week 1

 

Read

  • Chapter 1: Introduction to Risk Assessment and Treatment
  • Chapter 2: Root Cause Analysis

 

Watch (Optional)

  • Watch Instructor Presentations

 

Week 2

 

Read

 

  •  Chapter 3: Business Continuity Management
  •  Chapter 4: Physical Property Risk

 

Watch (Optional)

  • Watch Instructor Presentations

 

Week 3

 

Read

  • Chapter 5: Intellectual Property and Reputation Risk
  • Chapter 6: Legal and Regulatory Risk

 

 

Complete

  •  Discussion 1

 

Week 4

Read

  • Chapter 7: Management Liability & Human Resources Risk

 

Watch

  • Watch Instructor Presentations (Optional)
  •  Live or Recorded Session #1 – Assignment #1 Overview (Optional)

 

Complete

  •  Quiz #1

 

Week 5

Complete

  •  Assignment 1

 

Week 6

 

 

Read

  •  Chapter 8: Environmental Risk

 

Watch (Optional)

  • Watch Instructor Presentations

 

Complete

  • Discussion 2

 

Week 7

 

Read

  • Chapter 9: Crime and Cyber Risk

 

Watch

  • Watch Instructor Presentations (Optional)
  • Live or Recorded Session #2 – Assignment #2 Overview (Optional)

 

Complete

  •  Quiz #2

 

Week 8

 

Read

  •  Chapter 10: Fleet Risk

 

Watch (Optional)

  • Watch Instructor Presentations

 

Complete

  •  Discussion 3 Due

 

Week 9

 

Read

 

  • Chapter 11: Smart Products & Risk Management

 

Complete

  • Quiz #3 Due

 

Week 10

Complete

 

  •  Assignment #2