GRA 6723 Supply Chain Risk Management (SCRM) in Project-Based Industries

GRA 6723 Supply Chain Risk Management (SCRM) in Project-Based Industries

Course code: 
GRA 6723
Department: 
Accounting and Operations Management
Credits: 
6
Course coordinator: 
Marianne Jahre
Course name in Norwegian: 
Supply Chain Risk Management (SCRM) in Project-Based Industries
Product category: 
Master
Portfolio: 
MSc in Business - Elective course
Semester: 
2017 Autumn
Active status: 
Active
Level of study: 
Master
Teaching language: 
English
Course type: 
One semester
Introduction

Managing supply chain risk is at the core of any company in today’s business context. Supply chain risk management (SCRM) is one of the fastest growing research streams within operations and supply chain management, and increasingly offered as teaching programs/courses in major business and engineering schools. As the Norwegian industry in line with the global economy increasingly becomes “projectified” (Lundin and Söderholm, 1998), new types of supply chain risks occur, which presupposes new ways of dealing with them. Project based organizations (PBOs) organize their main value creating activities in projects, from which they derive most of their income. Examples of PBOs include construction companies, oil and gas companies, disaster relief/humanitarian organizations, and organisations/companies organising events and expeditions. The challenges with regard to SCRM in these particular contexts relate to the temporary nature of the supply chains feeding the projects with the required activities and resources. Furthermore, the globalization of trade and labour markets means that these temporary supply chains cross not only firm boundaries, but also national borders, accentuating the uncertainty and thus the risks.

The objective of the course is to provide the students with an insight into the challenges of SCRM in project-based industries, particularly but not exclusively, in the Norwegian setting. This includes the identification and assessment of types of supply chain risks, quantifying and prioritising supply chain risks, and strategies and tools for mitigating supply chain risks in different project based contexts.

Learning outcomes - Knowledge

(i) To gain knowledge of SCRM in general.
(ii) To gain knowledge of project based industries, particularly in Norway.
(iii) To gain knowledge of the specific SCRM challenges, strategies and techniques in different project-based contexts such as oil and gas, construction (including construction of buildings and infrastructure, ship building and power stations), relief operations, events and expeditions.

Learning outcomes - Skills

(i) To be able to apply SCRM concepts and models in different project based contexts.
(ii) To be able to compare and differentiate between various project-based contexts regarding SCRM practice.
(iii) To be able to communicate how project-based contexts differ from other industries regard SCM and SCRM

Learning Outcome - Reflection

(i) To appreciate and understand multiple project-based contexts from a SCRM perspective.
(ii) To be able to be a reflective and ethical logistics professional.

Course content

Major topics to be covered include:

Supply chain risk management (SCRM) – overall concept and framework

  • Risk identification and assessment
  • Approaches for mitigating risks – strategies, tactics, scenario planning
  • Responding to risks

Project-based organizing – characteristics

SCRM in PBO - what is special?

Supply chain design and redesign in project industries

  • Designing for SCRM
  • Risk models for SCM
  • Tools used in SCRM

Sub-contracting and outsourcing in project industries.

  • Organizing and contracting for SCRM
  • Business relationships
Learning process and requirements to students

Course consists of lectures, tasks, cases and discussions. 

Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on the course homepage/LMS or text book.

This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 0-100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course start.

At resit, all exam components must, as a main rule, be retaken during next scheduled course.

Software tools
No specified computer-based tools are required.
Qualifications

All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have spesific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.

Assessments
Assessments
Exam category: 
Submission
Form of assessment: 
Written submission
Weight: 
80
Grouping: 
Group (2 - 3)
Duration: 
1 Semester(s)
Comment: 
Term paper.

Group size may vary depending on class size.
Exam code: 
GRA67231
Grading scale: 
Point scale leading to ECTS letter grade
Resit: 
All components must, as a main rule, be retaken during next scheduled course
Exam category: 
Activity
Form of assessment: 
Class participation
Weight: 
20
Grouping: 
Group (2 - 3)
Duration: 
1 Semester(s)
Comment: 
Presentations.

Group size may vary depending on class size.
Exam code: 
GRA67231
Grading scale: 
Point scale leading to ECTS letter grade
Resit: 
All components must, as a main rule, be retaken during next scheduled course
Exam organisation: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100
Sum workload: 
0

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.