CUGSC: 26 April 2007 A/02/01 HSS UGSC: 06/07 5H Continuing Professional Development for Yorkshire Water Staff Introduction These courses have been developed in conjunction with Yorkshire Water Services and Bespoke Consultancy solely for staff of Yorkshire Water Services. They cover General Principles of Risk Management, Project Risk Management and Business Asset Management. Participants will be expected to take General Principles of Risk Management before embarking on either Project Risk Management or Business Asset Management. The course material will be based on practice, cases studies and examples from Yorkshire Water Services. The courses will be delivered to the following structure: Pre-Course reading Awareness - 1 Day of Lectures, Seminars, Case Studies and Examples Understanding - 1 Day of Lectures, Seminars, Case Studies and Examples - Case Study - 1 Day of Lectures, Seminars, Case Studies and Examples - Assignment They will be assessed in two parts Awareness and Understanding with 10 Credits and 20 Credits awarded respectively at level 8, according to SCQF. The courses will be delivery at YWS Training facility at Esholt. Course Name: General Principles of Risk Management - Awareness Credit Points: 10 Credit Level: 8 Course Organiser: Professor Jake Ansell Contact Teaching: 2 day course. Any costs to be met by students apart from tuition fees: None Default Course Mode: Lectures, seminars, reading and examination Default Delivery Period: 1 day COURSE OBJECTIVES This is an introductory course on risk management for Yorkshire Water Services. This course provides the student with the general principles and practice within risk management in Yorkshire Water Services. It explores the nature of risk within the context of Yorkshire Water Services providing students with background underpinning in risk CUGSC: 26 April 2007 A/02/01 HSS UGSC: 06/07 5H management including the framework for managing risk within the industry. General concerns within risk management are addressed. Aim: To ensure a good general understanding of risk management and participants able to define and explain what they have learnt. Objective: Participants need to relate what they have learnt to their roles within the organisation INTENDED LEARNING OUTCOMES On completion of the course the student will: o o o o o o o o o To understand the general principles of risk management To understand the purpose of corporate governance within risk management To understand the organisational risk management structure in YWS To understand the RM process in YWS To understand the associated tools and techniques To practice the application RM to a project and understand the benefits. To understand the terminology To understand heuristics To understand the different behavioural influences (risk attitudes) Cognitive Skills: On completion of the course students should have demonstrated that they are able to: o o o o o o o o o o To know the background and general principles of risk management To explain the purpose of corporate governance To know what is the organisational risk structure in YWS To know the YWS Organisational risk structure and where they fit in (Roles and Responsibilities) To know the YWS risk management process Apply tools and techniques Know how to use the RM methodology in YWS Able to explain terminology and what it means To know the different heuristics and how they influence situations To be aware of different risk attitudes and how they influence situations Key Skills: One completion of the assessment the students should be able to: - Understand the basic ideas and tools used in risk management within Yorkshire Water Services CUGSC: 26 April 2007 A/02/01 - HSS UGSC: 06/07 5H Critical appraise the approaches taken to risk management within Yorkshire Water Services COURSE CONTENT & TEACHING PROGRAMME The details of the course are presented below: Introductions Aim and Objectives of the Course Terminology for Course – risk, cause, symptom, effect Corporate Governance and Turnbull report - significance for risk management within corporations Management of Risk within Organisations Risk attitudes - risk addicted/averse/neutral/paranoid/seeking/tolerant Heuristics - What the different types are and what they mean. E,g anchoring and adjustment, availability, the lure of choice, group think etc Benefits of risk management Factors which support good risk management and those that don’t Role of empowerment in enhancing risk management Risk within Kelda and YWS – Definition of Risk, who is responsible and how they achieve management Methodology employed in the process of risk management Organisation risk structure - general overview Roles and responsibilities within the risk management process How processes fit into the structure YWS approach and relationship with contract partners ORGANISATION OF TEACHING The course will be delivered by pre-course materials reinforced by 1 day lecture, seminar and examination using case studies and examples from Yorkshire Water Services This is comparable to similar courses within the University and outside at comparable institutions. PARTICIPANTS ASSESSMENT AND GUIDANCE Participants will be examined by multiple choice tests. Participants will receive feedback on assessment elements. This will be supported by follow up material for participants that encounter difficulties. ESSENTIAL READING The pre-course and course material will be self contained. It is expected that the students will make full use of the text. CUGSC: 26 April 2007 A/02/01 HSS UGSC: 06/07 5H RECOMMENDED READING Additional readings may be supplied Course Name: General Principles of Risk Management - Understanding Credit Points: 20 Credit Level: 8 Course Organiser: Professor Jake Ansell Contact Teaching: 2 day course. Any costs to be met by students apart from tuition fees: None Default Course Mode: Lectures, seminars, case studies and report Default Delivery Period: 2 day COURSE OBJECTIVES This is a course on risk management for Yorkshire Water Services which covers the implementation of risk management within YWS. It builds on the previous awareness course but the orientation is to ensure that the participants can apply the tools and techniques used by Yorkshire Water Services and understand fully the context of the application. The students will be required to produce a case study to demonstrate their understanding and also a report to highlight how risk management has been applied within the context of Yorkshire Water Services. Aim: To ensure that participants have a good knowledge base and capability in risk management application Objective: Participants need to apply learning objectives into practice INTENDED LEARNING OUTCOMES On completion of the course the student will: o o o o o To understand and apply the general principles of risk management To understand the organisational risk management structure in YWS To understand and apply risk management process within YWS To understand and apply the associated tools and techniques To practice the application of risk management to projects and appreciate the benefits derived from such. o To understand the terminology o To understand and differentiate between the behavioural influences (risk attitudes) CUGSC: 26 April 2007 A/02/01 HSS UGSC: 06/07 5H Cognitive Skills: On completion of the course students should have demonstrated that they are able: o o o o o o o o To apply general principles of risk management To know the organisational risk structure within YWS To know roles and responsibilities within the organisational structure To apply the YWS risk management process To now how to use the RM methodology in YWS including tools and techniques To explain terminology To apply the different heuristics and how they influence situations To differentiate risk attitudes and how they influence situations Key Skills: One completion of the assessment the students should be able to: - Apply the basic ideas and tools used in risk management within Yorkshire Water Services - Critical appraise these approaches taken to risk management within Yorkshire Water Services COURSE CONTENT & TEACHING PROGRAMME The details of the course are presented below: Introduction Aim and Objectives of the Course Management of Risk within YWS Roles and Responsibilities YWS – how to achieve risk management Methodology employed in the process of risk management and how it is implemented Organisation risk structure – implications within YWS management How processes fit into the structure Tools and techniques used for risk management Outcomes and benefits from the risk management process YWS approach and relationship with contract partners and how to achieve the goals of risk management ORGANISATION OF TEACHING The course will be delivered by pre-course materials reinforced by 2 days lecture, seminar using case studies and examples from Yorkshire Water Services This is comparable to similar courses within the University and outside at comparable institutions. CUGSC: 26 April 2007 A/02/01 HSS UGSC: 06/07 5H PARTICIPANTS ASSESSMENT AND GUIDANCE The course will be assessed by a case study and report. Participants will receive feedback on assessment elements. This will be supported by follow up material for participants that encounter difficulties ESSENTIAL READING The pre-course and course material will be self contained. It is expected that the students will make full use of the text. RECOMMENDED READING Pre-course material with additional readings