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
This material is the intellectual property of Fhyzics Business Consultants Private Limited. No part of this material shall be copied, reproduced, stored in, or introduced into a retrieval system, or transmitted in any form or by any means (electronic, mechanical, photocopying, recording or otherwise).
CIOP Webinar Series
Learn the Global Best Practices in Supply Chain Management, Procurement, and Inventory Management.
