DEFINE | Management Consultancy & Training

ADVANCE RISK MANAGEMENT & PROTOCOLS

Location

London, UK

Date

From Date: 04-Mar-2024
To Date: 08-Mar-2024

Duration

5 Days

Language

English

Discipline

MANAGEMENT & LEADERSHIP

Introduction

May seem simple enough in theory, but not all employees have the necessary skills and competencies to successfully apply it in practice. One of the key components in driving change is employee training and development. Provide additional risk management training to the in-house risk management team and business units. Risk managers may conduct it personally or outsource to third party providers. In-depth risk management training should include (this example is based on the actual risk management Training course is intended to introduce the fundamentals of Risk Management being a systematic core built-in function in all types of organizations.This training course provides you with a general overview of all main aspects of Risk Management starting from the definition of the term and going through the building blocks of the total integrated Enterprise Risk Management model (ERM) together with its related Risk Governance arrangements.

This training course will enable participants to appreciate the need and urgency to re-visit their existing Risk Management framework with an aim to improve and align with the overall organization strategic plan.

Objective

Update the skills on modern concepts of process safety and work equipment safety Standards and Directives

Risk Management Planning
Operations Context and Risk Boundaries
Risk Identification
Risk Analysis & Evaluation
Risk Response Planning, Implementation & Control
Applied Operations Risk
Develop an overview of the Risk Management Process
Learn to identify risks that affect operational safety, time, cost and quality
Apply useful techniques to identify, analyse and mitigate risks throughout the operations life-cycle
Learn how to create an effective risk monitoring plan and risk management strategies
Use a practical, six-step process to manage operations risks
Develop a risk management budget

Audience

Plant Manager, Operations Supervisor, Maintenance Technician or any other operational specialist, understanding how to identify, assess and manage operational risk is crucial to both your own daily job tasks and the continued safe operability of the facilities you work in. Operations team leaders, supervisors, section heads and managers, Business and operations professionals who have an interest in risk management, Maintenance managers, engineers and technicians, Business administrative, procurement and support staff,All personnel involved in carrying out operations work assignments

Content

Day One: Risk Management Framework and Planning

The Six Risk Management Processes
Purpose & Benefits of Risk
Responsibilities in Risk Management
Integrating Risk Management into the Operations Management Process
Risk Management Planning
Risk Planning Process

Day Two: Risk Identification Processes

Operations Context & Stakeholders
Risk Identification Inputs
Risk Identification Tools & Techniques
Consequential Risk Identification
Risk Identification Outputs
Risk Planning & Identification Exercises

Day Three: Risk Assessment and Quantification Processes

Operations & Maintenance Estimating Techniques
Schedule Diagramming - Critical Path Method (CPM)
Program Evaluation & Review Technique (PERT)
Qualitative Risk Analysis
Quantitative Risk Analysis
Risk Assessment Exercises

Day Four: Risk Response Plan Development

Risk Prioritisation
Risk Response Strategy Guidelines
Response Strategies for Threats & Opportunities
Response Planning & Analysis
Alternative Responses & Response Validation
Risk Response Planning Exercises

Day Five: Risk Response Implementation & Control

Risk Control Guidelines
Risk Control Inputs
Risk Control Tools & Techniques
Risk Control Outputs
Risk Reporting & Documenting
Risk Management Simulation

Certificate

Define Management Consultancy & Training Certificate of course completion will be issued to all attendees.

Methodology

The training course will be highly participatory and the course leader will present, guide and facilitate learning, using a range of methods including formal presentation, discussions, sector-specific case studies and exercises. Above all, the course leader will make extensive use of real-life case examples in which he has been personally involved. You will also be encouraged to raise your own questions and to share in the development of the right answers using your own analysis and experiences. Tests of multiple-choice type will be made available on daily basis to examine the effectiveness of delivering the course.

30% Lectures
30% Workshops and work presentation
20% Case studies & Practical Exercises
10% Role Play
10% Videos, Software or Simulators (as applicable) & General Discussions

Case Studies, Group Discussions, Last Day Review, Assessments will be carried out.

Course Details