Introduction Assignment 1 is a 3,000-word essay. It is weighted at 50% of the module assessment. It addresses the module learning outcomes: LO1: Critically evaluate the different theoretical approaches to risk and risk management and apply these in an organisational setting. LO3: Critically review the nature of risk strategy and strategic risk management and develop in respect of supporting those with risk management roles within this. Assignment 1 Task This assignment assesses your knowledge about strategic risk management (SRM) and enterprise risk management (ERM). Some of the knowledge was discussed in Theme A of the module, however, as I am sure you can appreciate, these topics are very large and therefore further researching and reading may be required in order to complete the assignment. The rationale for this assignment is to clearly demonstrate you have a broad and detailed knowledge of both SRM and ERM, but most importantly are able to see where the boundaries are for each area. The boundaries are not fixed and not always clear – this will therefore make answering the assignment question a little more complex. You are required to write an essay of 3,000 words in length, with the following title: Critically discuss the relationship between strategic risk management (SRM) and enterprise risk management (ERM). For clarity, the word count starts from the introduction and ends with the conclusion. Front pages, bibliography etc are not included in the word count. Assignment Criteria and Grades The following descriptors will be used to assess your assignment work: Mark Range Description 85-100 Content is drawn from a range of carefully selected primary and secondary sources. Excellent critical evaluation and analysis of evidence expressed in a well-reasoned and logical manner. Excellent organisation of information, with good application of appropriate examples to illustrate points and justify arguments. Excellent presentation. 70-84 Content is drawn from a good range of primary and secondary sources. Very good critical evaluation and analysis of evidence expressed in a reasoned and logical manner. Very good organisation of information, with good use of examples to illustrate points and justify arguments. Very good presentation. 60-69 Content is drawn from a good range of primary and secondary sources. Good critical evaluation and analysis of evidence expressed in a reasoned and logical manner. Good organisation of information, with use of examples to illustrate points and justify arguments. Good presentation. 50-59 Content is drawn from a basic range of sources. Competent critical evaluation and analysis of evidence expressed with basic reasoning and logic. Competent organisation of information, with some use of examples to illustrate points and justify arguments. At least acceptable presentation. 40-49 Content is drawn from a limited range of sources. Limited evidence of critical evaluation and analysis of evidence, expressed with basic reasoning and logic. Basic organisation of information, with limited use of examples to illustrate points and justify arguments. Presentation may be poor. Below 40 Content is drawn from a rudimentary range of sources. Minimal or no attempt at critical evaluation and analysis of evidence, expressed with an absence of – or rudimentary – reasoning and logic. Rudimentary organisation of information and use of examples to illustrate points and arguments. Presentation may be poor. Marks are shared, in each question, approximately between the range of theory used (~50%) and theoretical accuracy of insights gained (~50%). You are required to use appropriate academic tools, models and research data throughout the assignment, with APA 7th edition referencing style. This is an individual assignment and the University rules on plagiarism apply. Please refer to the Course Hub to interpret your grade on any item of assessment. Note that all grades are provisional until approved by the University’s module board process, which sees work examined by a moderator and external moderator, before your final grade appears on your transcript of results. In addition to viewing your grade for a piece of work, please also review the comments the marking tutors have added to the document itself. Within the module, open the document you submitted in order to see tutor comments. Additional Guidance A good piece of work is attractively styled and logically structured, with a good standard of written English. The University’s Study Skills website can also be a helpful resource. Assignment Submission The essay must be submitted in either Microsoft Word or PDF format. It must be no more than 3,000 words. Please ensure your student number is contained within the filename. Assessed assignments for all your MSc modules should be submitted electronically using Moodle, accessed via the assignment submission page in the module. You are not permitted to submit by any other method. Assignments must be submitted by the date and time stipulated. Late submissions, without mitigating circumstances approved by the appropriate panel, are subject to penalties, as specified by the University. Please allow yourself plenty of time to upload your assignment. You can upload (or practise uploading) your assignment as many times as you like, as long as it is before the assignment deadline. Assignment Deadline Please check the assignment submission page for details of the assignment deadline. To ensure the assignment deadlines displayed in your Moodle account are accurate, check your profile is set to the time zone you are currently in. To adjust your time zone settings, click your name in the top right, select profile > edit profile > timezone. Remember, it is your responsibility to submit your assignments on time. Academic Regulations, Marking and Assessment Visit the Course Hub for essential information on academic regulations, marking and assessment. We strongly advise you to be familiar with them. Academic regulations, policies and procedures Extenuating circumstances Marking and assessment criteria (including the over-length assessment information)