Overview
A Step-By-Step approach to taking risk decisions and managing their implementation in the organization. So, You Want to take a risk, Do You? Risk taking in organizations is not the way of the future. It is the way, now. Few senior people have realized the importance of understanding risk and applying a consistent approach to taking and rolling out the Risk Decision. Consequently, many risk decisions are taken without fully understanding the impact on the organization, or without performing the due diligence required.

Course Objectives
On completion of the course delegates will:

• Integrate concerns for HSE risk into an organization's daily decision making and implementation process;
• recognize resource allocation implications

Course Outline

1. HSES Risk Assessment, Management, Monitoring & Review of System (5 days)
• Introduction
• Overview of Risk Management
• Concepts of Risk Management
• Benefits of Risk Management
• The Risk Management Process
• Risk Management Successes and Failures
• Trends in Risk Management
• The Elements of Risk Management
• Risk Identification – How to find risks before they become problems
• Risk Analysis – How to tell what can cause the risk
• Risk Assessment – How to determine the severity of the risk
• Risk Handling – What should be done to reduce or eliminate the risk
• Risk Tracking and Control – How we can be sure the risk will not occur
• Risk Communication – Dissemination of Information
• Making Risk Management Work for More Successful Projects
• Establishing a Risk Management Culture
• The Risk Management Plan – Planning for success
• Measuring Risk Management – Handy metrics for control and execution
• Execution of Risk Management – What procedures work
• Summary