GP1230 INTRODUCTION TO STRATEGIC RISK MANAGEMENT ASSIGNMENT ONE 1. Coursework Assessors Coursework Assessor E-mail Telephone Tony McAleavy [email protected] 2 5999112 2. Assignment Information Assignment Length: 1,500 words Proportion of total Course Mark: 20% 3. Submission Date Sunday 02/10/2016 23:55 4. Submission Procedure Submit your assignment to the "Assignment" link on your module Moodle no later than 23:55 on the day of submission. The uploading process can take some time; therefore, you are strongly advised to upload your work no later than 1 hour before the submission deadline and in PDF format. Late submission will affect your grade Take care that the document submitted is the version you wish to be marked, no alternatives can be accepted – the version submitted will be marked. Please note: It is also important that you keep a copy of your submitted work. 5. Procedure Using the provided template, you are to: 1. Write a short case-study description of the Deepwater Horizon Gulf of Mexico oil spill of 2010 2. Evaluate the incident using the both the ISO31000 framework to identity the causes of the accident 3. Make recommendations on prevent such accidents from happening again 6. Learning ObjectiveThis assignment meets Learning Objectives:  LO One: Describe the ISO risk management model and its application to underlying concepts in IEM;  LO Two: Explain the strategic outcomes and potential benefits of nationallycoherent policies and practices for risk management;  LO Three: Identify the potential for emergencies and disasters in terms sociotechnical risks;  LO Five: Explain the concept and application of isomorphic learning (i.e. learning from failure) in the risk management domain within IEM;  LO Six: Relate the ISO standard of risk management in IEM to the assessment of a variety of natural and accidental hazards 7. Assessment Criteria Assessment Criteria Requirements Max. Mark Written Presentation  Use of good English grammar and UK/US spell-checker  Appropriate use of academic English and IEM/BCM terminology  Appropriately structured and written  Use of citations & references; including sources for figures, tables, quotes, etc.  Use of the full 1,500 word count; assignments that fall short of the word count may lose marks 10 Part One (L02 & L03)  Case-study description of the Deepwater Horizon (2010) incident  Summary overview of key events  Identification of key socio-technical risks 35 Part Two (L01, L02 & L06)  Description of the ISO 31000 Strategic Risk Management Framework  Application of both models to the Deepwater Horizon (2010) case study  Depth and detail of analysis 35 Part Three (L05)  Description of the consequences of the Deepwater Horizon incident  Long term implications of the incident  Appropriate recommendations drawn from case-study analysis 20 Total 100