LOSS MANAGEMENT

SHE Level 3
SCQF Credit Points 20.00
ECTS Credit Points 10.00
Module Code M3N225500
Module Leader Ross McKillop
School School of Computing, Engineering and Built Environment
Subject Construction and Surveying
Trimester
  • B (January start)

Pre-Requisite Knowledge

Health & Safety Risk Management or equivalent

Summary of Content

This module will explore a range of techniques, both pre- and post-loss, that can be utilised as part of the risk management process, with a particular emphasis on the management of threats to health, safety and the environment. With regard to the prevention of loss, the module will evaluate the importance of risk assessment in any loss management system. Using fire as an example, the students will analyse the case for incorporating both physical and managerial controls, as well as human behavioural factors, into an effective loss management system. In recognition of the fact that not all losses can be prevented, the students will gain an understanding of the importance of the principles of insurance as a loss management tool. Due to its relevance to health and safety professionals, employers' liability insurance will be studied. Finally, the student will gain an understanding of the steps involved in the creation, embedding and testing of business / service continuity plans.

Syllabus

1. Introduction 2. The theory and practice of risk assessment 3. The role of risk assessment in loss management 4. Case study: Fire loss management (1) 5. Case study: Security 6. Loss Financing: the role of insurance 7. Introduction to business continuity management 8. Business impact analysis 9. Developing and implementing business continuity plans 10. Operational management: from testing to incidents 11. Crisis management and communications 12. Co-ordination with external agencies

Learning Outcomes

On successful completion of this module, the student should be able to:1. Discuss the relationship between risk assessment and loss management. 2. Analyse the nature and format of various risk assessments. 3. Use fire risk as a context for a wider understanding of loss management issues. 4. Evaluate the use of insurance as a method of financing residual risk and loss. 5. Discuss the nature and role of business continuity management. 6. Evaluate the features of an appropriate business / service continuity management programme, for a variety of organizations. 7. Discuss the external factors relevant to the implementation of business / service continuity management programmes.

Teaching / Learning Strategy

The module will be delivered via a combination of lectures, seminars, directed and independent learning. Materials will be produced on GCULearn to support the delivery of the learning outcomes. Within a traditional lecture and seminar format, projects and case studies will be approached using problem based learning. Students are encouraged to critically appraise the research publications, relate the methods described to good practice guidance, and evaluate practical implications of the outputs. This allows the students to think of their own challenges in research terms and prepares them for future dissertation work.

Indicative Reading

Core Texts Wilkinson S (2003), Risk Control (2nd edition), London, Witherby Elliot, D., Swartz, E. and Herbane, B., 2002, Business Continuity Management: A Crisis Management Approach, London: Routledge Recommended Reading Stollard P & Abrahams J (2014), Fire from First Principles (4th edition), London, Spon HiIles Business Continuity Management Global Best Practices 4 th Edition (2014) Barnes, J.C., 2001, A Guide to Business Continuity Planning, New York: John Wiley & Sons Journals Torabi, Giahi and Sahebjamnia; An enhanced risk assessment framework for business continuity management systems, Elsevier, Safety Science (2016) SA Torabi, HR Soufi, N Sahebjamnia - A new framework for business impact analysis in business continuity management (with a case study), Elsevier, Safety Science (2014) Various fire protection and health and safety publications in the GCU library Disasters (The Journal of Disaster Studies and Management) Disaster Prevention and Management StrategicRISK Websites The Business Continuity Institute - www.thebci.org Survive Business Continuity Group - www.survive.com The Emergency Planning Society - www.emergplan.org.uk The Association of British Insurers - www.abi.org.uk

Transferrable Skills

Students will develop self-management, communication, problem solving and group work skills Students will further develop personal transferable skills in time management, reflection and analysis of case studies, report and essay writing.

Module Structure

Activity Total Hours
Seminars (PT) 12.00
Independent Learning (PT) 144.00
Assessment (PT) 20.00
Lectures (PT) 24.00

Assessment Methods

Component Duration Weighting Threshold Description
Coursework 0.00 50.00 35% Essay 2000 words
Coursework 0.00 50.00 35% Report 2000 words