Risk Management (5 cr)
Code: MS00CM64-3003
General information
- Enrollment
-
02.06.2025 - 18.09.2025
Registration for introductions has not started yet.
- Timing
-
11.09.2025 - 29.01.2026
The implementation has not yet started.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 0 cr
- Virtual portion
- 5 cr
- Mode of delivery
- Distance learning
- Campus
- Location-independent
- Teaching languages
- Finnish
- English
- Seats
- 0 - 45
- Degree programmes
- Master of Business Administration, Quality Management
- Teachers
- Tapani Kilpeläinen
- Heidi Salokangas
- Course
- MS00CM64
Realization has 4 reservations. Total duration of reservations is 13 h 30 min.
| Time | Topic | Location |
|---|---|---|
|
Thu 18.09.2025 time 12:30 - 16:00 (3 h 30 min) |
Risk Management MS00CM64-3003 |
|
|
Thu 09.10.2025 time 12:30 - 16:00 (3 h 30 min) |
Risk Management MS00CM64-3003 |
|
|
Fri 07.11.2025 time 12:30 - 16:00 (3 h 30 min) |
Risk Management MS00CM64-3003 |
|
|
Thu 04.12.2025 time 09:00 - 12:00 (3 h 0 min) |
Risk Management MS00CM64-3003 |
Evaluation scale
H-5
Content scheduling
General risk management terms and definitions
- General risk management process
- Management of legal risks (e.g. corporate sustainability due diligence)
- Project risk evaluation and risk plans
- Applicable risk management standars (e.g. SFS-EN14971)
- Selection of risk evaluation tools and methods
Online lectures:
The student must attend the start of the course, where the teacher will visit the student's
the information relevant to the completion of the course.
18.09.2025 12.30 - 16.00 (start of the course)
09.10.2025 12.30 - 16.00
07.11.2025 12.30 - 16.00
04.12.2025 09.00 - 12.00
Objective
After completing the course, the student is able to:
- describe the general risk management process
- identify, evaluate and analyze the risks in the context of quality management at his/her own field
- identify, evaluate and analyze product development risks and/or process risks
- identify, evaluate and analyze project risks
- manage legal risks
- select applicable risk management methods for his/her own field
Content
- General risk management terms and definitions
- General risk management process
- Management of legal risks (e.g. corporate sustainability due diligence)
- Project risk evaluation and risk plans
- Applicable risk management standars (e.g. SFS-EN14971)
- Selection of risk evaluation tools and methods
Materials
Suggested article list in ItsLearning,
Industry Specific Risk Management Standards
and other materials provided by the lecturers.
Teaching methods
Course is 100% online and instruction language is English, but the final output (= report) can be done in Finnish. If all participants are Finnish-speaking, kick-off and discussions can also be held in Finnish.
Pre-assignments will be opened for you min 1 week before the meeting.
Mainly independent & self-directive learning
Collaborative asynchronous discussions with other students on discussion forums
Exam schedules
No exams.
International connections
Innovation pedagogy, flipped learning
The course takes into account the principles of sustainable development from an economic, environmental and social perspective, thus promoting responsible and sustainable business practices.
Completion alternatives
None.
Student workload
The total average student work is about 135 h. Webinars cover about 16h, all remaining in individual learning, and assignment work including student group collaboration
Group Learning task1: Exploring Standards and Practical Risk Management Techniques 36 h
Group Learning task 2: Applying Risk Standards in Your Field 36 h
Individual learning task: Learning diary 30 h
Individual learning task:Integrated Risk Management Proficiency Assessment 5 h and 2 self-paced tests related to presented group works on itsLearning. 17 h
Learning tasks must be returned by the due date. All assignments must be returned by the end of the course, unless otherwise agreed with the teacher before the end of the course. Any re-submission of a rejected assignment will be made according to the instructions and timetable given by the teacher.
Further information
ItsLearning