Shareholders, heads of enterprises, bankers (lenders) have imposed comprehensive enterprise risk management as one of the essential criteria for the reliability of their investment and profitability. Industrial risks, especially the notion of civil responsibility and product or professional risks are fully linked to the quality of products and services delivered and hence to the risk management of all industrial processes (R&D, production supply chain management, After Sales Service, …).
This unit is an introduction to comprehensive enterprise risk management (enterprises, public establishments, local authorities …), from risk assessment to its processing (arbitration of retention/transfer) through to analysis, the Business Continuity Plan (BCP), or crisis management and communication.
| On completion of the unit, the student will be capable of: | Classification level | Priority |
|---|---|---|
| Knowing how to pilot a risk assessment | 6. Assess | Essential |
| Understanding the issues related to risks and insurance | 2. Understand | Important |
| Understanding the language/vocabulary of the insurer and risk manager | 2. Understand | Important |
| Understanding the notions of vulnerability, risk reduction, risk financing | 2. Understand | Important |
| Assessing risk levels in a company | 6. Assess | Essential |
| Taking initiatives and choosing the best applicable and adapted processing instrument (reduction or financing) | 6. Assess | Essential |
| Analysing and understanding the benefits of putting into place a risk management programme within a company | 5. Summarise | Essential |
| Percentage ratio of individual assessment | Percentage ratio of group assessment | ||||
|---|---|---|---|---|---|
| Written exam: | % | Project submission: | % | ||
| Individual oral exam: | % | Group presentation: | 40 | % | |
| Individual presentation: | % | Group practical exercise: | % | ||
| Individual practical exercise: | % | Group report: | 60 | % | |
| Individual report: | % | ||||
| Other(s): % | |||||
| Type of teaching activity | Content, sequencing and organisation |
|---|---|
| Course | Risk – Insurance – Experience feed-back |
| Course + Supervised studies | Risk insurance management - methodology |
| Field visit | Application of a diagnostic based on acquired real-time data + oral presentation |