Security & Loss Prevention Management
- Agricultural Sciences
- 400 level
- 2 credit units
- 123 pages
- 10 units
This course explores security and loss prevention management within organizations. It covers risk types, identification, measurement, and handling decisions. Students will learn about financing potential losses, insurance mechanisms, loss control, and contingency planning. The course also addresses property and earnings protection, vital records, crime threats, health and safety, environmental pollution, and risk management organization.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of HCM435, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
HCM435 · UNIT 1 TYPES, SEVERITY AND FREQUENCY OF RISK
Damages by fire, windstorm, flood or other natural catastrophes are probably the most apparent threats to a company’s assets. The interruptions that result are the chief threats to its earnings, to increased prices for surviving stocks and for the products produced when operations resume.
What you should be able to do
- Identify and assess various types of risks in organizations.
- Apply appropriate risk control measures.
- Develop contingency plans for potential disruptions.
- Evaluate the effectiveness of insurance coverage.
- Implement strategies for protecting property and earnings.
What it prepares you for
- Risk Manager
- Security Manager
- Loss Prevention Specialist
- Insurance Underwriter
- Compliance Officer
- Finance
- Insurance
- Manufacturing
- Healthcare
- Government
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 1: Introduction
Unit 3: Risk Measurement
The unit requires understanding of various types of risks and their potential impact on an organization's financial stability.
- Module 2: Core Concepts
Unit 4: The Protection of Property
The unit requires understanding of the legal and ethical considerations associated with data protection and privacy.
A suggested way through it
13 weeks, about 105 hours in total. Yours will differ.
- Week 1Module 1: Introduction
Unit 1: Types, Severity and Frequency of Risk · 7 hours
Read Unit 1: Types of Risks in Organisation, Natural Perils, Loss of Personnel, Labour Risk/Loss, Liability Risk/Loss, Technical Risk/Loss, Marketing Risk/Loss, Political and Social Risk/Loss, Environment Risk/Loss.. Complete Tutor-Marked Assignment on Technical loss/risk, Liability loss/risk, Marketing loss/ risk, Labour loss/risk, and insurance rating..
- Week 2Module 1: Introduction
Unit 2: The Systematic Identification of Risk · 7 hours
Study Unit 2: Components of Risk, Risk and Everyday Experience, Charting Risk, Checklists, Categorise of Resources, Consequences, Threat, Flow Charts, Energy Chain, Written Sources, Responsibilities within the Organisation, Using the Risk Chart.. Complete Tutor-Marked Assignment on components of risk/loss and categories of checklist..
- Week 3Module 1: Introduction
Unit 3: Risk Measurement · 7 hours
Review Unit 3: Measuring Severity, Measuring Risk Types, Risks to Property, Risks to Employees, Interruption Risks, Financial Risks, Risks of Liability, Aggregation of Risk, Measuring Probability.. Complete Tutor-Marked Assignment on severity of risk and differentiate between financial risk and liability risk..
- Week 4Module 1: Introduction
Unit 4: Risk Handling Decisions · 7 hours
Study Unit 4: Classification of Risks, Methods of Handling Risks, Avoidance, Control, Transfer, Financing, Dealing with Specific Risks, Personal Factors.. Complete Tutor-Marked Assignment on methods of handling business risks..
- Week 5Module 1: Introduction
Unit 5: Financing Potential Loss · 7 hours
Read Unit 5: Non-insurance Transfer, Transfer by Insurance, Internal Funding and the use of Credit, Evaluating Financing Methods.. Complete Tutor-Marked Assignment on Internal funding and the use of credit..
- Week 6Module 2: Core Concepts
Unit 1: The Insurance Mechanism · 7 hours
Study Unit 1: Risk Spreading, Risk Financing and Transfer, Rating System, Mutual and Captives.. Complete Tutor-Marked Assignment on risk spreading and discuss the terms mutual and captives..
- Week 7Module 2: Core Concepts
Unit 2: Loss Control · 7 hours
Review Unit 2: The Dangers of Specialisation, Loss Control and Risk Management, The Physical Aspect, The Psychological Aspect, The Resources Available, Commitment, Awareness, Measurement, Recording and Monitoring.. Complete Tutor-Marked Assignment on loss control and risk management and state and discuss the available resources to risk and loss managers in organisations..
- Week 8Module 2: Core Concepts
Unit 3: Contingency Planning · 7 hours
Read Unit 3: Phases of Contingency Planning, Emergency Plan, Recovery Planning, Common Features of Emergency and Recovery Plans.. Complete Tutor-Marked Assignment on emergency plan and recovery plan..
- Week 9Module 2: Core Concepts
Unit 4: The Protection of Property · 7 hours
Study Unit 4: Types of Property, Types of Threat, Cross-Checking, Types of Protection.. Complete Tutor-Marked Assignment on various types of protection to security and loss..
- Week 10Module 2: Core Concepts
Unit 5: The Protection of Earnings · 7 hours
Review Unit 5: Importance of Protection, Identifying Earnings Sources, Identifying Threats to Earnings, Threats to People, Threats to Reports, External Threats.. Complete Tutor-Marked Assignment on method of earning protection..
- Week 11Module 3: Advanced Strategies
Unit 1: The Protection of Vital Records · 7 hours
Read Unit 1: Identifying Vital Records, Problems of Records Loss, Forms of Protection, Computerised Records, Records in Process, Reliance on Records.. Complete Tutor-Marked Assignment on problems of record loss and explain form of protection of vital records..
- Week 12Module 3: Advanced Strategies
Unit 2: The Threat of Crime · 7 hours
Study Unit 2: Opportunity Crime, Organised Crime, Protecting Information, Separation of Risk, Security, Computer Fraud, Political Crime.. Complete Tutor-Marked Assignment on computer fraud in security and loss management and political crime..
Unit 3: Health and Safety at Work · 7 hours
Review Unit 3: The Pattern of Legislation, Accident Prevention as Part of Loss Control, Safety Reviews and Risk Management, Systems, A Chance to Introduce Risk Management.. Complete Tutor-Marked Assignment on safety review and risk management..
- Week 13Module 3: Advanced Strategies
Unit 4: Environmental Pollution · 7 hours
Read Unit 4: Pollution and Changing Technology, Types of Pollution, Air Pollution, Water Pollution, Land Pollution, Other Forms of Pollution.. Complete Tutor-Marked Assignment on water and air pollution and changing technology and pollution..
Unit 5: Organisation of Risk Management · 7 hours
Study Unit 5: The Security and Loss Prevention Management Policy Statement, The Risk Manager's Function, Company Style, Problems in Introducing Security and Loss Prevention Management.. Complete Tutor-Marked Assignment on problems encountered in introducing Security and Loss Prevention Management and the position of risk manager in organisational structure..
Preparing for the exam
- Create a detailed study schedule allocating specific time slots for each unit.
- Focus on understanding the core concepts of risk identification, measurement, and control.
- Review case studies and examples to apply theoretical knowledge to real-world scenarios.
- Practice solving problems related to risk assessment and mitigation.
- Create concept maps linking Units 3-5 database concepts.
- Pay close attention to the legal and regulatory frameworks related to security and loss prevention.
- Review all Tutor Marked Assignments (TMAs) and identify areas of weakness.
- Practice SQL queries from Units 7-9 weekly.
- Form study groups to discuss and clarify complex topics.
- Prioritize key topics: risk assessment, control measures, and legal compliance.
- Use flashcards to memorize key terms and definitions.
- Take practice exams to simulate the actual exam environment and manage time effectively.
- Focus on understanding the different types of insurance and their applications.
Questions students ask about this course
What is HCM435 about?
This course explores security and loss prevention management within organizations. It covers risk types, identification, measurement, and handling decisions. Students will learn about financing potential losses, insurance mechanisms, loss control, and contingency planning. The course also addresses property and earnings protection, vital records, crime threats, health and safety, environmental pollution, and risk management organization.
How many units does HCM435 have?
HCM435, Security & Loss Prevention Management, has 10 units across 2 modules, over 123 pages of course material. You can read it one unit at a time.
How many credit units is HCM435?
HCM435 carries 2 credit units, at 400 level in Agricultural Sciences.
Is HCM435 hard?
HCM435 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.
How long does HCM435 take to study?
About 208 hours of study, spread across its 10 units.
How is HCM435 assessed?
HCM435 is assessed by assignments, tutor marked assessments and final examination.
What can I do with HCM435?
Risk Manager, Security Manager, Loss Prevention Specialist, Insurance Underwriter and Compliance Officer.