Module catalogue: CA5058

CA5058 - Risk and Crisis Management (2026/27)

Module specification

Module approved to run in 2026/27

Module title

Risk and Crisis Management

Module level

Intermediate (05)

Credit rating for module

School

Guildhall School of Business and Law

Total study hours

150

9 hours	Assessment Preparation / Delivery
105 hours	Guided independent study
36 hours	Scheduled learning & teaching activities

Assessment components

Type	Weighting	Qualifying mark	Description
Coursework	50%		Individual written report (2000 words)
Other	50%		Group presentation (15 minutes)

Running in 2026/27

(Please note that module timeslots are subject to change)

No instances running in the year

Module summary

The aviation and travel industry has a huge number of interdependent factions within it and this leads to vast operational complexities. This together with a highly regulated industry, a competitive and dynamic external environment and a substantial level of Government involvement has the potential expose this sector and, airlines and airports alike, to a vast array of risks and uncertainties, both internally and externally.

This module aims to explore the types of risk that the aviation and travel sector generally sector is exposed to and, what possible solutions might be put forward to mitigate against these.

More specifically the module will help develop the students understanding of how to assess, evaluate, mitigate and monitor risks as they pertain to the sector. This can be further broken down into developing an understanding of the areas such as
A second aim of this module is to build a practical knowledge base of the operational requirements for airlines and airports and wider industry sectors, to operate as effectively and efficiently as possible in sub optimal business environments or, due to unforeseen or unstoppable events.

Prior learning requirements

NONE

Syllabus

The need for Risk Assessment LO1

Risk Theories and Models LO1

Business Continuity concepts
Airline and Airport Emergency Planning LO2 and 3

Developing a safety culture LO1

Cyber incidents and data breaches LO2 and 3

Insider threats and internal risks LO2 and 3

Supply chain disruption LO2 and 3

Operational Risks LO2 and 3

Risks associated with changing global demographics and evolving business models LO 2 and 3

Impact of changing regulations LO 2and 3

Financial risks LO2 and 3

Strategic risks LO2 and 3

Human Resources and Outsourcing risks LO2 and 3

PR, Brand Management and Reputational Risks.LO2 and 3

Learning outcomes

At the end of this module students will be able to;
1) Distinguish between the differing risk management and business continuity models/
theories in the context of industry sectors
2) Analyse the risks and uncertainties associated with both the aviation and travel sector
and the wider business environment
3) Evaluate and apply solutions to mitigate against the impact of such risks

Bibliography

Link to Reading List:
https://rl.talis.com/3/londonmet/lists/A207B70F-8429-9D76-9CBA-7C490AD24AD0.html?

Core Texts
Flouris, T. (2016) Risk Management and Corporate Sustainability in Aviation. Routledge
Piekarz, M. (2015) Risk and Safety Management in theLeisure, Sport, Tourism and Events Industries. CABI Publishing.
Stolzer, A. (2023) Safety Management Systems in Aviation. Routledge
Stolzer, A. (2015) Human Factor Models for Aviation Accident Analysis and Prevention. Routledge
Stolzer, A. (2013) Implementing Safety Management Systems in Aviation. Routledge
Leonhardt, J. (2020) Critical Incident Stress Management in Aviation. Routledge
Woods, M. (2022) Risk Management in Organisations. Routledge

Ancillary Reading:
Valsamakis, A.C. (2002) Risk Management: Strategy,Theory and Practice, RIRG
Santomero, A, The revolution in risk management, in Mastering Finance, 1998, Financial Times Publication.
Duffey, R. (2008) Managing Risk: The Human Element. Wiley Blackwell
Garlick, A.R. (2007) Estimating Risk: A management approach. Gower
Holliwell, J. (1998) Risk: enough rope to hang the business. Financial Times Publication
Ritter, L. (2007) Securing Global Transport Networks: A Total Security Management Approach. McGraw Hill
Sheenan, J. (2013) Business and Corporate Aviation Management: on-demand air transportation. Mcgraw Hill
Starkie, D. (2008) Aviation Markets Studies in Competition and Regulatory Reform. Ashgate
Yilmaz, A. (2008) Airport Enterprise Risk Management Model. VDM Verlag
Yilmaz, A. (2008) The Best Enterprise Risk Management Practice for Airline and Airport Business. VDM Verlag
Wells, A. and Chadbourne, B. (2007) Introduction to Aviation Insurance and Risk Management. krieger
Risk Management Handbook. (2016) FAA
Websites
ukresilience.info/ccact/index.htm
Within this you should read 'responding to emergencies' and the short guide to the civil contingencies act 2004

www.caa.co.uk - publications section with particular emphasis on CAP 642/576/168
www.aaib.dtlr.gov.uk
www.interpol.int/Public/DisasterVictim/guide/default.asp