Overview
- To identify and analyze what constitutes good risk management and assessment portfolio in the any industry
- Making good decision in selecting an appropriate risk model in any industry
- Addressing the needs of situations at the workplace environment
- Developing a stronger risk management quotient to maximize value to the organization
- To analyze Production Sharing Agreement Risk Model and how it can benefit the organization
- To learn the techniques to help maintain equilibrium and create constructive solutions through scheduling and optimization risk modelling tools
- Understanding the impact of good risk management practices in the Industry
- Reflections and insights of developing an effective risk management and assessment agenda for the organization
Learning Outcomes
- Understand the fundamentals of Risk Management and Assessment
- Learn the importance and outcomes of developing good risk management skills
- Identify Risks Involved in any Industry
- Understand the Industry Risk Calculator
- Develope Contingency Plans and Strategies to deal with potential “time bombs”
- Understand what accidents and incidents are common in industries
- Manage crisis and deal with calculated risks in the Industry
- Aware of the Regulatory Oversight of Countries and the Ban Lists
- Establish Risk control measures to manage the identified risks
- Identify Corporate Duty of Care and Due Diligence
Who Must Attend
This workshop is open to any manager, administrative executive and/or employees who would like to develop good risk management and assessment skills and building a successful work environment
Course Details
- The fundamentals of Risk Management and Assessment in the various industries
- The importance and significance of practicing good risk management and assessment criteria
- The importance and significance of developing good risk management competence
- The importance and significance of managing risk opportunities at the workplace
- Identifying and Documenting Risks in various industries
- Risk Types and Common Risks
- Catastrophic Risks
- People Risks
- What is High, Medium and Low Risks in various industries
- Types of Risk Descriptors
- Capacity and Utilization Risks
- Strategic Related Risks
- Political Risks
- Operational and Procurement Risks
- Labor Agreement Risks
- Accident and Incident Records
- Maintenance Arrangements with approved contracted vendors
- Regional Safety Factors
- Technical Partnerships and Affiliations
- Commercial Alliances and financial stability
- Identifying and Understanding:
- Consequences Classes of Risks
- Class I – Catastrophic
- Class II - Critical
- Class III – Moderate
- Class IV – Negligible
- Severity, Likelihood of Incidents and Accidents Happening
- Risk Index, Risk Level Action (Probability Multiply Exposure)
- Common Industry Risks
- External Risks- Financial and Hazard Risks
- Internal Risks – Strategic and Operational Risks
- Strategies to develop good administration at the workplace
- The PDCA Cycle for Risk Management (Plan, Do, Check and Action Tools) in action
- Develop strategies in good risk management processes
- Strategies to develop a Consensus Model
- Strategies to build a Contributing Factor Diagram
- Strategies on Thinking Processes and Cultivating an “Intelligent Organization” mindset
- How to develop a good crisis management plan using risk management tools
- Communicate the identified hazard, risk evaluated and implemented risk control measures to the people concerned in accordance with the risk management plan
- Present the risk management plan to relevant stakeholders for consideration in accordance with organizational procedures
- What have we learnt to apply at our organization?
- Tools and techniques revisited to bring out the learning lessons
- Practical Role Plays to reflect outcomes of the training session
- Summary of the learning outcomes and the training highlights
- Feedbacks from the Participants and Suggestions/Recommendations from the Trainer to prepare for the actual experience at the workplace
Methodology
Course Leader
Testimonies
Investment
In house arrangement only.
Click here to Request for In house Quotation
Please contact us at +6012 6869 628 | +603 8074 9056
Email: info@itrainingexpert.com
Payment mode:
Payment must be 100% upfront upon confirmation.