Processes of Risk Assessment and Treatment (online course)

The course is done online by the Faculty of Logistics and Crisis Management.
It is suitable for undergraduates, graduates and postgraduates.

Lecturer

Ing. Slavomíra Vargová, PhD.

Credits

7 ECTS

Annotation

The course introduces students to qualitative risk management, focusing on risk assessment, classification, and mitigation under uncertainty. It covers threat identification, vulnerability evaluation, and practical application of risk management strategies in various sectors. Through case studies and group projects, students develop problem-solving skills and gain hands-on experience in effective risk control and decision-making.

Objectives

The course aims to equip students with the knowledge and skills to effectively assess, classify, and manage risks under uncertainty using qualitative methods. Students will learn to identify threats, evaluate vulnerabilities, and develop appropriate risk mitigation strategies applicable across various industries. By the end of the course, they will be able to apply risk management principles in practical scenarios, enhancing decision-making and security in organizational and public administration contexts.

Outcomes

Students will develop essential knowledge and skills in qualitative risk assessment and management under conditions of uncertainty and vagueness. They will understand risk classification, evaluation methods, and strategies for risk reduction through practical applications. By completing the course, students will be able to:

  • Comprehend key terminology and classification aspects of risk.
  • Recognize the significance of risk management in securing processes and environments.
  • Apply qualitative methods to assess risks, including threat and vulnerability analysis.
  • Utilize screening and prioritization techniques to determine risk acceptability.
  • Develop and propose countermeasures to mitigate critical risks effectively.
  • Engage in practical case studies to reinforce theoretical knowledge and problem-solving skills.

The course emphasizes real-world applicability, preparing students for risk management roles in corporate operations, public administration, regional development, security services, ICT, critical infrastructure, and environmental sectors.

Structure

  • Introduction to the subject study (the students are acquainted with the structure of the course, the conditions for obtaining credits) and terminology of risk management
  • Risk classification
  • General risk management scheme, methods of collection and interpretation of input data
  • Identification, the formation of the registry, and verbal evaluation of threats (hazards)
  • Identification, a compilation of the register, and verbal evaluation of the vulnerability of threatened assets (consequences)
  • Qualitative risk assessment (screening)
  • Integrated risk assessment and risk position of the entity and region
  • Risk acceptance assessment
  • Case study – presentation of case studies elaborated by groups of students and passing a credit test

Content

The course covers the fundamentals of qualitative risk management, including risk classification, assessment methods, and practical applications. Students learn to collect and interpret data, define threats and vulnerabilities, and conduct risk screening and prioritization. The curriculum emphasizes developing countermeasures to mitigate critical risks and implementing monitoring techniques. Practical case studies and group projects allow students to apply their knowledge to real-world scenarios in business, public administration, security services, ICT, critical infrastructure, and environmental sectors. The course concludes with students defending a case study, demonstrating their ability to analyze risks and propose effective solutions.

Assessment

The assessment follows the ECTS credit system and consists of continuous evaluation and a final case study presentationf. Students are assessed based on their participation in tutorials, engagement in discussions, and completion of group or individual assignments related to qualitative risk analysis. A key component is the development and presentation of a case study, where students apply risk management methods to real-world scenarios. The final grade is determined by the quality of analysis, problem-solving approach, and practical applicability of proposed solutions. Grading is based on participation, assignments, and the successful presentation of the case study, in accordance with the ECTS framework.

Fee  covers

online course participation (via MS Teams)

Fee and deadlines

  • Early Bird: EUR 399; Deadline: 15 May 2025
  • Regular: EUR 449; Deadline: 31 JULY 2025