Risk Management Terminologies and Value of International Standards
Assignment 1 – Risk Management Terminologies and Value of International Standards.
LO1: Explain risk management vocabulary in terms of socio-technical risks.
LO2: Describe international risk management models and their applications across a variety of natural, technological and human induced hazards.
Instructions
Answer the two questions which require you to explain key risk management vocabulary words after watching the PBS NOVA documentary titled, “Wave that Shook the World” about the 2004 Indian Ocean Tsunami disaster which claimed over 300,000 deaths and impacted over eleven countries around the Indian Ocean. The documentary is available here: https://www.schooltube.com/media/t/1_hv936fe1
I have also placed a link on Moodle (Week 5) resources( I will attach the file below ). Please do not simply cut and paste from my slides or from the Internet, but write the answers in your own words from knowledge and understanding gained from my lectures from the past five weeks and research conducted during your self-study. Be sure to refer to the Marking Rubric provided to understand how the marks will be allocated for your answers.
Summary table of grades mapped to CLOs:
| CLO | Maximum Point | Earned Point |
| CLO1 (Q1) | 50 | |
| CLO2 (Q2) | 50 | |
| Total Point | 100 |
Q 1. Listed below are five vocabulary words. Write a short answer using these five vocabulary words in which you explain what you understand by them in the context of the Indian Ocean Tsunami Disaster case study (video you watched). Your answer should be a minimum of 250 words to a maximum of 500 words. Please highlight the sentence/ words in colour. [CLO1, Total = 50 points]
- Tsunami
- Disaster
- Social vulnerability
- Technological/ Information vulnerability
- Capacity
- 2. Listed below is a statement and four vocabulary words from the ISO Guide 73:2009. Write a short answer using them to explain how you can better prepare the UAE to face natural hazards like cyclones, floods, and tsunamis. Please reflect what you learned from watching the Indian Ocean Tsunami Disaster video. Your answer should be a minimum of 250 words to a maximum of 500 words. Please highlight the sentence and words in colour.
- “Risk is the effect of uncertainty on objectives where uncertainty is the state, even partial, of deficiency of information related to, understanding or knowledge of, an event, its consequence, or likelihood”
- Risk perception
- Risk communication
- ISO3100
- Risk management framework
5 IEM101 ISO 31000 Risk Context, Identification( the 5 resources) IEM101 F20 Assignment 1_Grading Rubric (1) instructions
Risk Management Terminologies and Value of International Standards.
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