Monday 03 May 2021
- Duration: One Week
- City: Madrid
- Fees: Classroom: 4300 GBP / Online: 1950 GBP
Monday 03 May 2021
[chat]
Introduction
Managing risks on projects is a process that includes risk assessment and a mitigation strategy for those risks. Risk assessment includes both the identification of potential risk and the evaluation of the potential impact of the risk. A risk mitigation plan is designed to eliminate or minimize the impact of the risk events—occurrences that have a negative impact on the project. Identifying risk is both a creative and a disciplined process. The creative process includes brainstorming sessions where the team is asked to create a list of everything that could go wrong. All ideas are welcome at this stage with the evaluation of the ideas coming later.
The Bowtie methodology is used for risk assessment, risk management and (very important) risk communication and awareness. The method is designed to give a better overview of the situation in which certain risks are present; to help people understand the relationship between the risks and organizational events. The method also provides a structure to systematically analyze a hazard.
Risk in Bowtie methodology is elaborated by the relationship between hazards, top events, threats and consequences. Controls are used to display what measures an organization has in place to control the risk, and for those who are familiar with the concept, get risks to As Low As Reasonably Practicable (ALARP). It also helps identify where and how investing resources would have the greatest impact.
Who should attend?
Operations, QHSE (Quality, health, safety & evironmental) Supervisors, management staff as well as SIMOPS (simultaneous operations) Coordinators.
Course Content
Day 1
Day 2
Day 3
Day 4
Day 5