Course Description

Formerly BMC 158 Risk Control. Students who have taken BMC 158 should not enrol in this course.

Risk assessment processes help organizations to identify non-speculative and speculative risks, and make decisions regarding whether risk treatment is needed. Gain a broad understanding of assessment and treatment techniques that can help an organization to prepare for, and effectively deal with, potential hazards or insurable risks. Understand a number of risk control techniques and their application to situations involving accidental loss to property, personnel, environment and income. Discuss emerging risks in social media, regulations, supply chain management, crime and cyber space.

It is recommended that students complete BMC 327 Risk Management Principles and Practices prior to enrolling in this course.

Course Details

Upon successful completion of this course, you will be able to:

  1. Interpret how the potential hazard and operational risks faced by an organization can be identified and treated
  2. Understand how Risk Assessment and Risk Treatment are integral parts of a successful risk management program for any organization.
  3. Apply economic concepts and principles to the interpretation and analysis of various business situations.
  4. Explain risk assessment and treating techniques for the major categories of risk faced by organizations.
  5. Explain accident causation and fundamental risk control techniques. Apply system safety analysis to identify potential losses and to determine the causes of losses that have occurred.
  6. Apply risk identification and analysis to the following traditional hazard risks:
    • property (including intellectual property)
    • personnel
    • liability
    • net income
  7. Explain how to address emerging risks such as cyber risk, climate change risk, and reputation risk.

Applies Towards the Following Program(s)

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Online Asynchronous
May 25, 2024 to Jun 22, 2024
Online Synchronous
8:30AM to 1:00PM
Jun 22, 2024
Schedule and Location
Delivery Options
Course Fees
Flat Fee non-credit $639.99
  • Jennifer Sutherland
Reading List / Textbook

Title: Risk Assessment and Treatment
Edition: 2nd
Authors: Elliott, M.
Publisher: The Institutes
ISBN: 978-0894622687

Visit the UCalgary Bookstore at www.calgarybookstore.ca.

Section Notes

Classes are held online in real time (Mountain Time) at the specified time and dates.

This course uses:

  • Desire2Learn (D2L), an online learning management system. The instructor will post the course outline and other materials in D2L.
  • Zoom web conferencing software.

To fully participate in the live sessions, students will need: an internet connection, a reliable headset with microphone and a webcam.
For more information, please visit our Online Learning Resources.

Unless notified, all online courses are available at 9 am MT the day before the start date. Students registering on (or after) the start date will receive access within one day of registration.

Students unfamiliar with online learning are encouraged to take our free Digital Skills for Learning Online course.

Unless otherwise stated, notice of withdrawal or transfer from a course must be received at least seven calendar days prior to the start date of the course.

Mandatory Zoom Session: June 22, 2024 8:30 AM 1:00 PM
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