HLA 650 - Enterprise Risk Management

(3 credits)

Risk Management is a highly valued discipline and eagerly sought after by organizations that are heavily regulated, requiring high resiliency, that deal with environmental, health and safety issues, involved in project management, insurance, financial services and also within the public sector. Enterprise Risk Management (ERM) is a decision support system that helps such organizations understand risk and assure the achievement of their goals. Engineers often play an integral role in an organization’s ERM effort, from identifying risk and assisting in the design and implementation of risk response solutions. This course is intended to provide to a high level understanding of what is risk and what does an ERM process look like for organizations including some common challenges and pitfalls of institutionalizing an ERM culture. Prerequisite: HLA graduate students only. Grade or P/NC. Offered summer session alternate years.

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