identify how logistics systems should be configured to balance riskreward c

Identify how logistics systems should be configured

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identify how logistics systems should be configured to balance risk/reward; c implement the BCP in a practical situation to mitigate risk; d apply the skills in articulating the requirement of process and procedures for building enterprise-wide risk management. Subject Synopsis/ Indicative Syllabus 1. Risk Modeling and Management Step-by-step approach in building qualitative and/or quantitative model for analysis, design, and evaluation of logistics system for mitigating risk; Application of hierarchical holographic modeling (HHM) for risk identification; Partition risk impact to select the best risk mitigation strategy based on multi-objective risk impact analysis. 2. Crisis Management and Risk Audit 15.7.2010
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Logistics project risk management; Tracking and identifying the patterns and sources of risk; Principle of balancing risk/reward relationships; Establishing processes for emergency response, escalation, and preventive measures. 3. Business Continuity Planning Strategic issues and case studies drawn from logistics service providers to highlight various topics on outsourcing and quality management issues; Disaster recovery planning; Information security management practices, including planning and audit of information systems.
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