Supply Chain Risk, Safety and Security

Risk Evaluation


LO-M30-T10-001: Define risk evaluation (L1)
LO-M30-T10-002: Differentiate between risk analysis and risk evaluation (L4)
LO-M30-T10-003: List the four options in risk evaluation (L1)
LO-M30-T10-004: Illustrate the four risk evaluation options with examples (L3)
LO-M30-T10-005: Categorize your organisation’s supply chain risks under the four evaluation options (L5)
LO-M30-T10-006: Define Expected Monetary Value (EMV) (L1)
LO-M30-T10-007: Estimate the EMV of not buying your car’s third-party liability insurance (L6)

The learning outcome questions are structured based on Bloom’s Taxonomy. The learning outcome questions fall under six levels of cognitive learning such as

Knowledge (L1) – Remember previously learned information.
Comprehension (L2) – Demonstrate an understanding of the facts.
Application (L3) – Apply knowledge to actual situations.
Analysis (L4) – Break down objects or ideas into simpler parts and find evidence to support generalizations.
Synthesis (L5) – Compile component ideas into a new whole or propose alternative solutions.
Evaluation (L6) – Make and defend judgements based on internal evidence or external criteria.

Fhyzics Bloom’s Taxonomy Guidelines

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