Reflection Journal Summary

© 2015 Laureate Education, Inc. Page 1 of 3

MSPM 6140: Enterprise and Project Risk Management Outcomes and Alignment Chart

University Outcomes

I. Facilitate positive social change where they work, in their communities, and in society.

II. Use their knowledge to positively impact their profession, communities, and society.

III. Demonstrate a commitment to lifelong learning. IV. Apply their learning to specific problems and challenges in their workplace and

professional settings. Demonstrate information literacy. *Information literacy is defined as the ability to know when there is a need for information, and being able to identify, locate, evaluate, and effectively use that information for the issue or problem at hand.

V. Demonstrate an understanding of the methods of inquiry used in their professional or academic field.

VI. Practice legal and ethical integrity in their professional work. VII. Effectively communicate their ideas and the rationale behind them to others.

VIII. Support diversity and multiculturalism within their profession, communities, and society.

Program Outcomes

1. Demonstrate the ability necessary to produce project management outputs in accordance with established practices for conducting projects within an organization.

2. Develop project-based solutions to business problems and opportunities to achieve the strategic performance goals of an organization.

3. Manage individual projects from initiation to closure that meet stakeholder requirements and achieve the objectives of the project.

4. Synthesize the threats and opportunities of environmental factors into the creation of project and enterprise-level risk management plans.

5. Evaluate the social change impact on social, economic, and environmental factors that contribute to sustainability in project management.

6. Appropriately apply professional practices for ethical and socially responsible conduct by project management practitioners.

© 2015 Laureate Education, Inc. Page 2 of 3

Course Outcomes

1. Analyze risk management concepts in terms of risk impact on individuals, projects, and organizations

2. Evaluate corporate governance structures in relation to organizational approaches to managing risk

3. Assess risk management as integral to business planning and decision making 4. Apply risk management tools and techniques to identify, analyze, monitor, and

control risk 5. Perform quantitative and qualitative risk analysis 6. Develop risk responses that are appropriate given the probability and level of

impact of the risk 7. Demonstrate the ability to plan, manage, and control risk at the project and

enterprise levels 8. Evaluate the trade-off associated with mitigating versus accepting a risk

Weekly Objectives Alignment Chart Week 1: Risk: A World of Threats and Opportunity

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Explain the concept of managing risk from individual, project, and organizational perspectives

D 1 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Evaluate formal risk management in terms of increasing awareness and control over risks

D 1 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Assess environmental influences on risk in an organizational setting

A 1, 3 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 2: Risk Management and Corporate Governance

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Assess approaches to managing risk at the enterprise level

D 2 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Articulate the value of ERM in organizations

A 2 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Assess the adoption and growth of ERM as a business strategy

A 2, 3 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 3: The Risk Management Process

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Assess the relationship between risk management practices and organizational goals

D 3 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Formulate an approach for conducting project risk management

A 4 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Explain how project risks will be identified, analyzed, and

A 4, 7 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

© 2015 Laureate Education, Inc. Page 3 of 3

controlled for a business project

Week 4: Identifying and Categorizing Risks

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Distinguish between qualitative and quantitative types of risk

D 5 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Apply established project risk management practices to identify risks for a business project

A 4, 7 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Classify project risks and their characteristics in a risk register

A 4 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 5: Risk Assessment

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Analyze project risks using qualitative tools and techniques

D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Analyze project risks using quantitative tools and techniques

D, A 4, 5, 7 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 6: Responding to Risks

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Assess the practice of responding to project and organizational risk

D 6 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Determine appropriate risk management response strategies

A 4, 6 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Formulate risk response and contingency plans using project risk management tools and techniques

A 4, 6 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 7: Monitoring and Controlling Project Risks

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Assess the influence of individual stakeholder attitudes and behaviors on risk management

D 1, 2 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Apply project management tools and techniques to monitor and control project risks

A 4, 7 1, 4 1, 2, 3, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Week 8: Individual and Organizational Risk Attitudes

Met in (D#/A# /Other)

Course Outcome(s)

Program Outcome(s)

CMT Outcome(s)

University Outcome(s)

Evaluate the trade-off of preventive costs and the organizational impact of not mitigating risk

D 8 2 1, 2, 3, 5, 6, 8, 10

1, 2, 4, 5, 6, 8, 9

Legend D = Discussion A = Assignment