1 Course title
RISK MANAGEMENT IN CRISES
2 Course code
02 120
4 Type of course
Mandatory (core)
3 Teaching methods
Lectures, exercises, simulation, workshops,
seminar, individual self-study, decisionmaking game
5 Year of study, semester/trimester
semester
6 Number of credit
5
7 Level of course
Basic
8 Hours per week
2
9 Hours per semester
30
10 Language of instruction
English
11 Name of lecturer
Paweł Stobiecki, 2LT MA
12 Prerequisites
n/a
13 Objectives of the course, preferably expressed in terms of learning outcomes and competences
Subject:
Students shall have the ability to:
- understand theoretical foundations of the theory of risk and the basic methods of risk
management,
- understand the role of risk management in administration and business in view of risk society
and crisis management need,
- recognize stages of the risk management process,
- understand basic models and techniques used in the analysis and risk assessment,
- recognize the role of software support for risk management,
- recognize organisation, structures and norms for the risk management process,
- understand the role of risk management for terrorism threat.
Method:
Students shall have the ability to:
- identify the main areas of risk, its determinants and consequences,
- use qualitative methods of quantitative analysis and risk assessment in crises,
- identify areas of risk in security systems,
- analyse the effects of tangible and intangible effects of the risk,
- create emergency scenarios in the event of risk,
- recommend risk treatment,
- use game theory to solve conflicts.
Social:
Students shall have the ability to:
- handle in selected aspects human resources, conflict solutions and communication in the risk
management process,
- challenge personal and external judgments,
- articulate own and group reflections in various form presentations.
Self:
Students shall have the ability to:
- learn individually and in a team,
- act and reflect upon own action,
- establish with the team common statement,
- use systems approach for solving problems.
14 Course contents
Crisis management:
- risk society and role of crisis management,
- elementary notions.
Risk Management:
- history, keywords, risk types,
- risk management process,
- models in private and public sector,
- organization, structures and normalization of risk management,
- qualitative and quantitive methods of risk assessment and analysis,
- risk treatment,
- risk management for terrorism threat.
Game theory:
- introduction to game theory,
- game theory for conflicts.
15 Assessment methods
Score for active participation in exercises.
Score for tests.
Score for final test.
16. Recommended reading
- Peter L. Bernstein, Against the gods : the remarkable story of risk, New York : John Wiley & Sons,
c1996.
- Urlich Beck, Risk Society: Towards a New Modernity, London: Sage 1992
- E. H. Conrow, Effective risk management : some keys to success, Reston, Va. : American Institute of
Aeronautics and Astronautics, c2000.
- Aswath Damodaran, Strategic Risk Taking: A Framework For Risk Management, Wharton School
Publishing (first published August 2nd 2007)
- Practice Standard for Project Risk Management, PMI,
ISO/IEC 27005 risk management standard
17 Others
n/a