Risk Assessment and Management Best Practices

Are you frustrated that the outcomes of current risk assessments being performed in your organization lack consistency, confidence, reliability and accuracy?Do facilitators and participants of the risk assessments know the most effective methods and tools? Risk Assessments are recognized as definitely needed every time any safety-related decision needs to be made without being confused and undermined by subjective beliefs, biases and risk perceptions.

The course has been continually improved and still covers the core Best Practices to make facilitation and participation in risk assessments as accurate and reliable as possible.

As well, a number of recent improvements include:

  • an interactive WORD template that takes the user through the risk assessment process and when completed serves as a diligent entry to your Risk Register;
  • new neuroscience-based explanations of variability of individual’s risk perceptions and risk-taking; and
  • participants receive a USB stick of approx. 2 Gb of course handouts, copies of slides, useful reference materials and sample PPT files accumulated and developed by the Presenter over the last 30+ years of RM consultancy & training.

The presenter is Jim Whiting, international risk management expert and long-time TapRooT® Instructor. Jim was a member of the committee that wrote the international risk management standard ISO 31000, and now the USA Standard ANSI Z690.2 and CAN/CSA/ISO 31000 has enhanced the course. Jim brings his risk management and root cause analysis experience and best practices from around the world (Australia/New Zealand, North America, Asia, Africa, and Europe) to this course. If you are interested in advancing the quality of your risk assessments, then attend this course during our Global Summit.

Course Outline

Day 1 (8:00am to 5:00pm) Day 2 (8:00am to 5:00pm)
  • Introductions
  • Overview of Risk Management RM
  • RM – Purposes, Approaches and Methods Strengths and Limitations – the basis for a new safety culture to move beyond traditional BBS principles and practices
  • How to establish/compare your RM System to conform/comply with Standards ANSI Z690.2 and CAN/CSA/ISO 31000
  • Risk Communication & Consultation
  • Neuroscience-based explanations of variability of risk perceptions & risk-taking
  • Risk Identification incl. construction and use of Risk Maps (compare SnapCharts®)
  • Exercise in Risk Mapping
  • LUNCH BREAK
  • Risk Analysis – 3 levels of Risk Analysis -Qualitative / Semi-Quantitative / Full QRA
  • How to make sure that the Matrix Method really works for you
  • Full Quantitative Risk Analysis (QRA)
  • Quantitative Logic Trees and Bow-Ties
  • Discuss methods of ANSI 690.3 and IEC 31010 – which are identical
  • Exercises in Risk Analysis
  • Summary of Day 1 Topics
  • Revision of Previous Day 1 Topics
  • Matching the RM methods and tools to specific risk questions and situations
  • Risk Evaluation & Risk Owners
  • Risk tolerability criteria and frameworks at all levels personal / social / corporate / industry /national / international
  • How to demonstrate ALARP – As Low As Reasonably Practicable & SOFAIRP
  • Risk Treatment Plans- contrast to Corrective Actions and Risk Controls
  • Hierarchy of Risk Controls – principles and applications – Optioneering –
  • Risk Tolerability Treatment Options RTTO – principles and methods of choice
  • Exercises in Risk Evaluation and Risk Treatment / Control / Mitigation
  • Record / Monitor / Review
  • Risk Registers
  • LUNCH BREAK
  • Exercises with Attendees’ own examples
  • Tips for Facilitating a Risk Assessment
  • Successes and Traps in Setting up RM systems and processes to conform / comply with Z690 & CAN/CSA/ISO 31000
  • Summary of the Whole Course

Course Guarantee:

Attend this course, go back to work, and apply the advanced risk management techniques you have learned. If you cannot prove that performance is getting better by using the techniques learned in this course, simply return your course materials and we will refund the entire course fee.

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