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, Auditing and Business Analytics
Credits: 
6
Program of study: 
Master of Science in Business
Course coordinator: 
Marianne Jahre
Product category: 
Master
Portfolio: 
MSc in Business - Elective course
Semester: 
2019 Autumn
Active status: 
Active
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. Organizations in project-based industries organize their main value creating activities in projects, from which they derive most of their income. Examples of such organizations 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 industries 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

General Competence

(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
  • 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?
  • SCRM in different project settings
Teaching and learning activities

Course consists of lectures, tasks, cases and discussions. 

Software tools
No specified computer-based tools are required.
Additional information

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.

Both parts of the assessment must be passed in order to receive a final grade in the course.

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.

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA67232
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
80No1 Semester(s)Group ( 2 - 3)Term paper

Group size may vary depending on class size.
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA67233
Grading scale:
ECTS
Grading rules:
Internal examiner
Resit:
Examination when next scheduled course
20No1 Hour(s)Individual Digital assignment
Short home examination
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:80
Invigilation:No
Grouping (size):Group (2-3)
Duration:1 Semester(s)
Comment:Term paper

Group size may vary depending on class size.
Exam code:GRA67232
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:20
Invigilation:No
Grouping (size):Individual
Duration:1 Hour(s)
Comment:Digital assignment
Short home examination
Exam code:GRA67233
Grading scale:ECTS
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100