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. 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 realised. 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

Year	Location	Period	Internal	Partially Online Internal	Area External	Central External	Fully Online
2006	Bentley Campus	Semester 1	Y
2006	Bentley Campus	Semester 2	Y

Area External	refers to external course/units run by the School or Department or offered by research.
Central External	refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially Online Internal	refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully Online	refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External