(Solution) MANG6182 Principles of Risk Management



SEMESTER 1 2019/20
Module Code: MANG6182

Assessment: Main coursework 1: individual assignment
Weighting: 30%
Module Title: Principles of Risk Management
Module Leader: Al
Submission Due Date: 
h December Word Count: 1200 words
Method of Submission: Electronic via Blackboard Turnitin ONLY
(Please ensure that your name does not appear on any part of your work)
Any submitted after 16:00 on the deadline date will be subject to the standard University late penalties (see below),
unless an extension has been granted, in writing by the Senior Tutor, in advance of the deadline.
University Working Days Late: Mark:
1 (final agreed mark) * 0.9
2 (final agreed mark) * 0.8
3 (final agreed mark) * 0.7
4 (final agreed mark) * 0.6
5 (final agreed mark) * 0.5
More than 5 0
This assessment relates to the following module learning outcomes:
A. Knowledge and Understanding 1,2
B. Subject Specific Intellectual and Research Skills 3,4
C. Transferable and Generic Skills 5
Individual reports on one of the five workshop documents
(30% of unit assessment)
Select one of the five source documents which the workshops were based on (a list of these is provided at
the end of this document). Taking into account what you learned at the workshop, you are required to write an
individual report on the document you have selected. The report will be critical and analytical. You can decide
yourself what the precise purpose of the report will be. You will need to be careful to specify your purpose
at the beginning of your report. Also be careful to specify which of the five documents you will be
If you like, your purpose can be to critically analyse the document in some way, for example by drawing
attention to its limitations and deficiencies as a guidance document. Alternatively your purpose might be to
critically analyse the risk management practice which the document advocates. Perhaps your analysis will
contain some suggested improvements to the document, or to the related risk management practice.
Whatever your specified purpose, you will need to undertake some wider academic study to ensure that your
report contains evidence-based academic writing. Using Harvard referencing style, you will reference
throughout your report, and you will also provide a bibliography at the end. Follow Harvard referencing
conventions very carefully and consistently throughout. Make sure you learn these conventions, otherwise
you will lose marks.
Ensure you include both introduction and conclusion sections and think carefully about why good introduction
and conclusion sections are important. Use of subheaded sections in the main body of the report is optional
but is encouraged because it can help to focus your writing and ensure academic rigour. Remember that this
report is a valuable first opportunity to get feedback on the quality of your academic writing.
The report should be 1.5 spaced, in Arial font size 12. Remember that a 1200 word report is too short to
require an executive summary, and that abstracts are not necessary.
The length of the report will be 1200 words maximum (excluding bibliography).
SEMESTER 1 2019/20
Nature of Assessment: This is a SUMMATIVE ASSESSMENT. See ‘Weighting’ section above for the percentage that
this assignment counts towards your final module mark.
Word Limit: Up to 1200 words (excluding bibliography) is deemed to be acceptable. Any text that exceeds this
maximum will not attract any marks. The relevant word count includes items such as cover page, executive summary,
title page, table of contents, tables, figures, in-text citations and section headings, if used. The relevant word count
excludes your list of references and any appendices at the end of your coursework submission.
You should always include the word count (from Microsoft Word, not Turnitin), at the end of your coursework
submission, before your list of references.
Title/Cover Page: You must include a title/ cover page that includes: your Student ID, Module Code, Assignment Title,
Word Count. This assignment will be marked anonymously, please ensure that your name does not appear on any
part of your assignment.
References: You should use the Harvard style to reference your assignment. The library provide guidance on how to
reference in the Harvard style and this is available from: http://library.soton.ac.uk/sash/referencing
Submission Deadline: Please note that the submission deadline for Southampton Business School is 16.00 for ALL
Turnitin Submission: The assignment MUST be submitted electronically via Turnitin, which is accessed via the
individual module on Blackboard. Further guidance on submitting assignments is available on the Blackboard support
It is important that you allow enough time prior to the submission deadline to ensure your submission is processed
on time as all late submissions are subject to a late penalty. We would recommend you allow 30 minutes to upload
your work and check the submission has been processed and is correct. Please make sure you submit to the correct
assignment link.
You will know that your submission has completed successfully when you see a message stating ‘Congratulations –
your submission is complete…’. It is vital that you make a note of your Submission ID (Digital Receipt Number). This
is a unique receipt number for your submission, and is proof of successful submission. You may be required to
provide this number at a later date. We recommend that you take a screenshot of this page, or note the number
down on a piece of paper. You should also receive an email receipt containing this number, and the number can be
found after submitting by following this guide. This method of checking your submission is particularly useful in the
event that you don’t receive an email receipt.
You are allowed to test submit your assignment via Turnitin before the due date. You can use Turnitin to check your
assignment for plagiarism before you submit your final version. See “Viewing Your Originality Report” for guidance.
Please see the Module Leader/lecturer on your module if you would like advice on the Turnitin Originality report.
The last submission prior to the deadline will be treated as the final submission and will be the copy that is
assessed by the marker.
It is your responsibility to ensure that the version received by the deadline is the final version, resubmissions after
the deadline will not be accepted in any circumstances.
Important: If you have any problems during the submission process you should contact ServiceLine immediately by
email at Serviceline@soton.ac.uk or by phone on +44 (0)23 8059 5656.
Late Penalties: Further information on penalties for work submitted after the deadline can be found here.
Special Considerations: If you believe that illness or other circumstances have adversely affected your academic
performance, information regarding the regulations governing Special Considerations can be accessed via the
Calendar: http://www.calendar.soton.ac.uk/sectionIV/special-considerations.html
Extension Requests: : Extension requests along with supporting evidence should be submitted to the Student Office
as soon as possible before the submission date. Information regarding the regulations governing extension requests
can be accessed via the Calendar: http://www.calendar.soton.ac.uk/sectionIV/special-considerations.html
Academic Integrity Policy: Please note that you can access Academic Integrity Guidance for Students via the Quality
Handbook: http://www.southampton.ac.uk/quality/assessment/academic_integrity.page?. Please note any
suspected cases of Academic Integrity will be notified to the Academic Integrity Officer for investigation.
Feedback: Southampton Business School is committed to providing feedback within 4 weeks (University working
days). Once the marks are released and you have received your feedback, you can meet with your Module Leader /
Module Lecturer / Personal Academic Tutor to discuss the feedback within 4 weeks from the release of marks date.
Any additional arrangements for feedback are listed in the Module Profile.
Student Support: Study skills and language support for Southampton Business School students is available at:
Methods and papers for the 1200 word report
Scenario Planning
Foresight Horizon Scanning Centre (2009). Scenario Planning. UK Government Office for Science. Available online:
Risk Listing
IRM (2002) A risk management standard. Available online in several languages: https://www.theirm.org/the-riskprofession/risk-management/irms-risk-management-standard.aspx
Forecasting Process Redesign
Savage, S., Scholtes, S., & Zweidler, D. (2006). Probability management. OR MS TODAY, 33(1), 20. Find links to both
parts at: https://www.probabilitymanagement.org/publications
Intelligence Analysis
Chapter 8 of:
Heuer, R.J. (2002) Psychology of Intelligence Analysis. Available online: https://www.cia.gov/library/center-for-thestudy-of-intelligence/csi-publications/books-and-monographs/psychology-of-intelligence-analysis
War Gaming
Romeike, F. (2015). Learning from the future: Simulation with business wargaming. RiskNET. Available at: