Module Outline
Date retreived
22/07/2026 11:50 AM AWST
22/07/2026 11:50 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Principles of Risk Management and Reduction
Principles of Risk Management and Reduction
Module
National Code
State Code
18321
18321
DTWD Status
Approved
Approved
State Implementation and Classification
Approved Date
10/11/1994
Field of Education
081103 - Insurance And Actuarial Studies
Nominal Hours
34
Description
To enable the student to develop an
understanding of the meaning and scope
of risk management, how to use risk
control and risk financing techniques
and how to use basic management
statistics.
understanding of the meaning and scope
of risk management, how to use risk
control and risk financing techniques
and how to use basic management
statistics.
No information
Evidence Guide
Internal Assessment 20%
Examination 80%
Students will complete:
- Assignments/in class tests 20%
- Two hour written examination 80%
Examination 80%
Students will complete:
- Assignments/in class tests 20%
- Two hour written examination 80%
Elements and Performance Criteria
No information
No information
Associated Qual/Courses
| State Code | National Code | Title | Type |
|---|---|---|---|
| 6972 | Insurance Administration | Accredited course |