. Page 23.695.51. Defining Risk Engineering Aside from usage in the finance and insurance industryiii, “Risk Engineering” remainsundefined. However, both risk and engineering have well established definitions as describedbelow. The Department of Defense (DOD) Risk Management guide iv in Section one defines riskas: “…a measure of future uncertainties in achieving program performance goals and objectiveswithin defined cost, schedule and performance constraints.” What are noteworthy of the DODdefinition are its core concepts of: “Measure of risk” as developed elsewhere, any statement on risk reflects the speaker’s knowledge of risk in general and in particular on this project, expressed in either a
having qualifying grades to proceed atthe institution. Indeed, as mentioned above, this was found to be the case at otherinstitutions[29]. Another possible hypothesis is that the students with higher need arequicker to leave the university as they recognize that the monetary requirements to persistoutweigh the risk of not completing the degree or failing to receive the requisite GPA.These findings should lead to further exploration of the role that scholarships or grantsplay in the persistence of high achieving students who are limited by their individualfinancial status. They should also prompt financial aid policy changes that reflect thesignificance of IFS. However, prior to suggesting concrete policy recommendations thatwould be appropriate
information; exposureexperiences allow students to apply and contextualize knowledge; and longer experiences likecourses and programs give students time to reflect on their progress and provide moreopportunities for them to control their learning.Bloom’s taxonomy provides another way to demonstrate the affordances of the differentapproaches to policy learning. In this taxonomy there are four types of knowledge viz. factualknowledge, conceptual knowledge, procedural knowledge and metacognitive knowledge19.Programs and certificates can cover all these forms of knowledge where talks and seminars mayonly cover one domain such as factual knowledge. The same can be said for the levels ofintellectual behavior outlined in the cognitive domain of Bloom’s