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BUS7011 Risk Management Assignment Brief 2026 | Arden University

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Published: 02 Apr, 2026
Category Assignment Subject Management
University Arden University Module Title BUS7011 Risk Management
Word Count 2500 Words
Academic Year 2026

BUS7011 Risk Management

Assignment Brief

As part of the formal assessment for the programme, you are required to submit a Risk Management assignment. Please refer to your Student Handbook for full details of the programme assessment scheme and general information on preparing and submitting assignments. 

Learning Outcomes:  

After completing the module, you should be able to: 

  • Critically apply and evaluate the concepts and principles of risk management in different IT risk enterprise scenarios. 
  • Evaluate the strategic importance of risk management within an enterprise. 
  • Critically assess what is involved in the management of IT risk. 
  • Critically evaluate a range of risk management tools and techniques to assess the positive and negative impact of IT risk.
    Incorporate and evaluate in a critical manner risk management for IT risk initiatives in the implementation of business objectives.
  • Critically evaluate and problem-solve using the underpinning research of risk management for IT risk.
  • Graduate Attribute – Reflective Practitioner: Undertake critical analysis and reach reasoned and evidence-based decisions, contribute problem-solving skills to find and innovate in solutions  

Your assignment should include: a title page containing your student number, the module name, the submission deadline and a word count; the appendices if relevant; and a reference list in Arden University (AU) Harvard format. You should address all the elements of the assignment task listed below. Please note that tutors will use the assessment criteria set out below in assessing your work.   
Maximum word count: 2500 words  

Please note that exceeding the word count by over 10% will result in a reduction in grade by the same percentage that the word count is exceeded.

You must not include your name in your submission because Arden University operates anonymous marking, which means that markers should not be aware of the identity of the student. However, please do not forget to include your STU number.

Assignment Task

This assignment is worth 50% of the total marks for the module.  

CASE STUDY: The Chocolate Company, since its inception in 1990, has been largely responsible for satisfying the country’s demand for  Chocolates and  Sugar Confectionery. Situated at Rusayl Industrial Estates in Muscat, Sultanate of Oman, the plant has various lines producing a wide range of confectionery like  Éclairs, Toffees,  Fudges,  Caramels,  Hard  Boiled  Candy and  Enrobed  Chocolates.  These products are available in attractive packaging and premium Gift Boxes, making them ideal for gifting as well as for own consumption. Most of the packaging in the Gift Pack segment has been carefully selected to ensure its enduring utility, thereby giving our valued customers an added benefit. The confectionery is produced by experienced personnel under stringent quality control and hygiene standards.  State-of-the-art manufacturing facilities ensure products of international quality. The company, in its relentless pursuit of quality obtained HACCP Certification in April 2004.  

The Company, through its uncompromising stand on quality and competitive pricing, has successfully penetrated countries all over the Gulf, the African continent, Asia, Australia, New Zealand, Canada, South Africa, the USA and the UK.  

Today, manufacturing sector companies like chocolate manufacturing operate in increasingly complex, competitive and global markets. The ability to manage risks across geographies,  products,  assets,  customer segments and functional departments is of paramount importance. The inability to manage these risks specially IT risks, can cause irreparable damage.  

A chocolate company will always face the likelihood of being impacted by adverse technical future events. These uncertainties will have an impact on a company’s ability to generate capital and shareholders' returns.  The company  Board expects that management will not only look at where the company may be exposed to risk, but also how these risks can be managed to influence favourable business outcomes.  

TASK 1: 

You have been engaged into  Chocolate  Company’s new  IT  risk team to provide scalable solutions to enable business outcomes. Critically evaluate the concepts and principles of risk management in consideration of IT risks.  (1000 words) (40 marks) (LOs: 1)  

TASK 2: 

In the need for an improved and scalable business model,  analyse the strategic importance of IT risk management within the manufacturing industry.  (1000 words) (40 marks) (LOs: 2)

TASK 3:  

Critically analyse what is involved in the creation of a risk management system for IT in a manufacturing company, and how business objectives align with it for the Chocolate Company. (500 words) (20 marks) (LOs: 3)

Formative Feedback

You have the opportunity to submit a full draft to receive formative feedback.   

The feedback is designed to help you develop areas of your work, and it helps you develop your skills as an independent learner.   

If you are a distance learning student, you should submit your work by email to your tutor no later than 2 weeks before the actual submission deadline. 

If you are a blended learning student, your tutor will give you a deadline for formative feedback and further details. 

Formative feedback will not be given to work submitted after the above date or the date specified by your tutor, if a blended learning student

Submission Guidance

Assignments submitted late will not be accepted and will be marked as a 0% fail.

Your assessment should be submitted as a single Word (MS Word) or PDF file. For more information, please see the “Guide to Submitting an Assignment” document available on the module page on iLearn.

You must ensure that the submitted assignment is all your own work and that all sources used are correctly attributed. Penalties apply to assignments that show evidence of academic unfair practice. (See the Student Handbook, which is on the homepage of your module and also in the Induction Area.

Detailed Marking Criteria

Mark Bands:  Critically evaluate the concepts and principles of risk management in consideration of IT risks.  Analyse the strategic importance of IT risk management.  Critically analyse what is involved in the creation of a risk management system for IT and how business objectives align with it.
80%+ 40 marks. An exemplary examination of the concepts and principles of risk management in IT, which demonstrates a level of criticality and original thought, extends beyond the discussions presented in sessions. The use of literature demonstrates an outstanding understanding of relevance in the context of the discussion. The presentation is exemplary. 40 marks. An exemplary examination of the intended audience and the strategic importance of IT risk management. There is a level of criticality and original thought that extends beyond that discussed in sessions. The discussion is underpinned by an outstanding ease of relevant literature, and the writer presents a compelling argument for the proposed approach, which is articulated exceptionally clearly. 20 marks. An exemplary comparison of risk management systems for IT and how business objectives align with it, which demonstrates a level of criticality and original thought that extends beyond the discussions presented in sessions. The use of literature demonstrates an outstanding understanding of relevance in the context of the discussion. An exemplary presentation.
70-79% An excellent and wide-ranging discussion of the concepts and principles of risk management in IT aspects. You demonstrate an excellent level of critical analysis of relevant literature that informs your proposals and leads to original thinking as opposed to reproducing the literature. Excellent presentation, which is free from errors. An excellent examination of the intended audience and the strategic importance of IT risk management. A high level of criticality and original thought that underpins the writing. An excellent use of relevant literature. An excellent presentation that is free from errors. An excellent comparison of risk management systems for IT and how business objectives align with it. You present an excellent critical analysis of relevant literature that informs your comparison. An excellent presentation that is free from errors.
60-69% A very good discussion of relevant concepts and principles of risk management in IT, with a high level of discussion of how they will be dealt with in the proposed implementation. There is a very good level of critical analysis, but there is scope for more. A wide-ranging use of literature, though there are some minor issues. A very good presentation, which is clear and mostly free from errors. A very good discussion of the intended audience and the strategic importance of IT risk management. There is a very good level of criticality and original thought, though there is perhaps scope for more. The discussion is underpinned by a wide-ranging knowledge base, though there are some issues, and there is a very good presentation. A very good comparison of risk management systems for IT and how business objectives align with it. There is a very good level of relevant literature to inform your comparison, though there is scope for further depth. A very good presentation, which is mostly free from errors.
50-59% A satisfactory attempt to discuss concepts and principles of risk management in IT, and some discussion of how the proposed implementation will deal with them. Some aspects lack clarity or could have been developed in more depth. A good use of relevant and valid literature appropriately referenced, with some scope for more depth and a good presentation, though some issues need to be addressed. A satisfactory discussion of the intended audience and the strategic importance of IT risk management. Whilst there is some evidence of criticality, this could be presented in more depth, and there are aspects that are descriptive. The discussion is underpinned by a range of relevant literature, though there are issues with validity and relevance in some cases. A satisfactory presentation, but there are issues in terms of errors and clarity. A satisfactory comparison of the risk management system for IT and how business objectives align with it, which highlights several relevant aspects. There is a good level of use of relevant literature to inform your comparison, though not at the depth associated with higher bands. A satisfactory presentation with some issues.
40-49% Some relevant issues are highlighted in terms of the concepts and principles of risk management in IT, and there is some attempt to discuss how they will be dealt with, but there is a lack of depth and relevance in a number of areas. Some inclusion of relevant sources with scope for more, and a basic presentation which needs further development. There is some discussion of the intended audience and the strategic importance of IT risk management, but there is scope for much more. Limited evidence of criticality, with the writing being mostly descriptive. The discussion is underpinned by some relevant literature, but there are significant issues with validity and relevance. A basic presentation with several issues in terms of and/or errors. A basic comparison of risk management systems for IT and how business objectives align with it, which highlights several relevant aspects, but there are several omissions or errors. There is an attempt to use literature to inform your comparison, but there are a number of issues with relevance and validity. A basic presentation with several issues.
30-39% There is some discussion of relevant concepts and principles of risk management in IT and how they will be dealt with, but there are significant omissions or a significant lack of depth of content and discussion. There are significant issues with the presentation of the document and a limited use of valid references. There is some discussion of the intended audience and the strategic importance of IT risk management, but there is scope for much more depth. Limited evidence of criticality, with the writing being mostly descriptive. The discussion is underpinned by some relevant literature, but there are significant issues with validity and relevance. A basic presentation with several issues in terms of and/or errors. A limited comparison of risk management systems for IT and how business objectives align with it, which presents some relevant aspects, but there are a large number of omissions or errors. There is a limited attempt to use literature to inform your comparison. A limited presentation with a significant number of issues.
29% and below There is insufficient content or an absence of required content in terms of discussing concepts and principles of risk management in IT and how they will be dealt with. Poor presentation and no use of valid references. A very limited or absent discussion of the intended audience and the strategic importance of IT risk management. There is no criticality evident. The discussion is not underpinned by relevant literature. A poor presentation with several issues in terms and/or errors. A very limited or absent comparison of the risk management system for IT and how business objectives align with it, which shows little understanding. Relevant and valid sources are absent, or their use is so limited that it undermines the credibility of the writing. A poor presentation that significantly on clarity and readability.
Marks awarded      

Assessment Criteria ( Learning Objectives Covered-all)

Level 7 is characterised by an expectation of students’ expertise in their specialism. Students are semi-autonomous, demonstrating independence in the negotiation of assessment tasks (including the major project) and the ability to evaluate, challenge, modify and develop theory and practice. Students are expected to demonstrate an ability to isolate and focus on the significant features of problems and to offer synthetic and coherent solutions, with some students producing original or innovative work in their specialism that is potentially worthy of publication by Arden University. A clear appreciation of ethical considerations (as appropriate) is also a prerequisite.

Grade Mark Bands Generic Assessment Criteria
Distinction 70%+ Excellent analysis of key issues and concepts. Excellent development of conceptual structures and argument making, consistent use of scholarly conventions. Excellent research skills, independence of thought, an extremely high level of intellectual rigour and consistency, exceptional expressive/professional skills, and substantial creativity and originality. Excellent academic/intellectual skills. Work pushes the boundaries of the discipline and demonstrates an awareness of relevant application. considerations. Work may be considered for publication by Arden University
Merit 60-69% Very good level of competence demonstrated. High level of theory application. Very good analysis of key issues and concepts. Development of conceptual structures and argument making consistent use of scholarly conventions. Some evidence of original thought and a general awareness of relevant ethical considerations
Pass 50-59% A satisfactory to good performance. Basic knowledge of key issues and concepts. Generally descriptive, with restricted analysis of existing scholarly material and little argument development. Use of scholarly conventions inconsistent. The work lacks original thought. Some awareness of relevant ethical considerations. Satisfactory professional skills (where appropriate).
Marginal Fail 40-49% Limited research skills impede the use of learning resources and problem-solving. Significant problems with structure/accuracy in expression. Very weak academic/intellectual/professional skills. Limited use of scholarly conventions. Errors in expression and the work may lack structure overall.
Fail 39% and below A poor performance in which there are substantial gaps in knowledge and understanding, underpinning theory and ethical considerations. Little evidence of research skills, use of learning resources and problem-solving. Major problems with structure/accuracy in expression. Professional skills not present. Very weak academic/intellectual/professional skills. No evidence of use of scholarly conventions

 

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