The purpose is to research current trends in the theory and application of Risk Management at the systems level. Review a project or system where risk management has gone wrong. Review the consequences which have occurred at the system level and comment on the cascading effects. Use a system map to depict the interlinks, interactions or interconnectedness of the affected systems. Did the organisation or enterprise have the risk appetite for the consequences? Use the learnings from the second intensive where applicable to examine the way risk has been managed. Critique the techniques used in the organisation against those discussed in scholarly papers. Where could thusiness

rate your awareness of systems thinking within the area of risk management.

This exercise requires wider research and reading such as The Australian newspaper (business section) or the Risk Management Magazine, or Harvard Business Review magazine.