OLS 33600
Fundamentals Of Risk Assessment And Management
Purdue University Northwest · UGRD · Fall 2026
Catalog description
Explore techniques for assessment and methods for managing the risks associated with occupational injuries, illnesses, deaths and property damage in the workplace. The principle methods include: 1) identifying the exposures to loss; 2) evaluating alternative techniques for treating the exposure; 3) selecting the appropriate technique(s); 4) implementing the chosen technique; and 5) monitoring and improving the risk management system. Typically offered Fall. Course Learning Outcomes 1. Discuss the relationship between economics and managerial decision. 2. Describe risk management and its broad scope. 3. Describe the net income and loss exposures. 4. Discuss consequences of personnel loss exposures. 5. Describe legal liability exposures. 6. Discuss management liability loss exposures. 7. Identify and utilize most applicable risk assessment techniques. 8. Demonstrate job analysis and risk assessment process. 9. Describe basic risk control hierarchy of eliminate/substitution, engineering controls, warning, training and procedures/administrative, and personal protective equipment. View Class Schedule
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