309457 (v.1) Strategy and Risk in SET 501

Area:	Faculty of Science
Credits:	25.0
Contact Hours:	3.0

The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline.

Lecture:	1 x 2 Hours Weekly
Tutorial:	1 x 1 Hours Weekly

Syllabus:	Strategic plans set out the long term focus of the business, its mission and vision, and attempt to understand the environment in which the business operates. This unit develops concepts and techniques of strategy analysis appropriate for the science, engineering and technology (SET) environment. A systems framework is adopted and complex systems science introduced as a model for business. Attention is given to transferring strategy into action, and project management is presented as the decisions required for implementation of the strategy. Risk associated with the SET environment is a central focus of the unit. The value and application of both quantitative and qualitative risk assessment strategies is addressed. The underlying nature of uncertainty, vulnerability and hazard associated with SET entrepreneurship is developed, together with techniques that enable the threats to be mitigated and opportunities realized. The value of process based approaches with evidential reasoning is developed.

To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement.

Field of Education:	080301 Business Management
Funding Cluster:	02 - Accounting, Administration, Economics, Commerce
SOLT (Online) Definitions*:	Informational *Extent to which this unit or thesis utilises online information
Result Type:	Grade/Mark
Availability
Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.

309457 (v.1) Strategy and Risk in SET 501

Availability