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A310A0651 Risk Management in Supply Chain, 6 cr 
Code A310A0651  Validity 01.08.2017 -
Name Risk Management in Supply Chain  Abbreviation Risk Management 
Credits6 cr   
TypeBasic studies  
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesno
    Allowed to study several timesno
Organisation LUT School of Business and Management 

Michael Henke 
Veli Virolainen 

Description by Study Guide

Location: Lappeenranta
The number of participants is limited to 60. Students of MSM programme have first priority to participate.


M.Sc. (Econ. & Bus. Adm.) 1


Period 3, week 8 (int) (edit 17.10.2019)

Teaching Language 


Teacher(s) in Charge 

Professor, D.Sc. (Tech.) Veli Matti Virolainen
Guest lecturer, Dr. Michael Henke
Post doctoral researcher, D.Sc. (Tech.) Elina Karttunen


The aim of the course is to familiarize students with risk assessment in supply chains. During this course, students apply methods and tools of risk assessment in practical assignments.
After completing the course, students will be able to
- perform risk assessments in supply chains
- apply tools, methods and applications in risk assessment
- utilize risk management in decision-making in field of supply chain management


The course will cover the following topics: different risks types related to supply management, risk assessment in supply chains, tools, methods and applications of risk assessment, decision making in a supply chain. Risk management as a part of strategic supply management.

Teaching Methods 

10 h interactive lectures and assignments, independent assignment including written report, intensive course 3rd period. 18 h for preparing for the lectures, 132 h for preparation the assignment and written report. Total workload 160 h. Moodle is used in this course.

Examination in Examination schedule (Yes/No) 


Examination in Moodle (Yes/No) 


Examination in Exam (Yes/No) 


Assessment scale and assessment methods 

The course will be evaluated based on written assignment. Grade 0-5, evaluation 0-100 points.

Course Materials 

Course material will be informed later.


B.Sc. (Econ. & Bus. Adm.) studies.
A310A0101 Strategic Supply Management
A310A0660 Financial Supply Management.

For exchange students B.Sc. studies related to operations management, supply chain management, supply management or similar. 

Limitation for students? (Yes, number, priorities/Leave empty) 

60. Students of MSM programme have first priority to participate.

Places for exchange-students? (Yes, number/No) 

max 10

Places for Open University Students?(Yes, number/No) 



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