RISK MANAGEMENT


COURSE DESCRIPTION

The Risk Management Course is aimed to give the candidates orientation on establishment of an effective Risk Management System on site.

LEARNING OBJECTIVES
At the end of the course the candidates will be able to identify Hazards, assess risks, evaluate risks, recommend risk control measures, determine the residual risk, Record their findings and review them on Company Projects.

TOPICS COVERED
The following is a list of topics that the course covers:

  1. Introduction to Occupational Health & Safety
  2. Why is it important to Manage Health & Safety
    • Moral
    • Legal
    • Financial
  3. Important terminologies
    • Hazard Identification
    • Risk Assessment
  4. Hazards Inherent in the Oil & Gas Industry
    • Important Definitions
    • Hazardous Gases
    • Properties, Hazards & Control Measures of Associated Products
  5. Risk Management – The Approach
    • List of Activities
    • Identify who may be harmed and how
    • Identify the Hazards
    • Assess the Risk
    • Recommend Risk Mitigation Methods
    • Evaluate the risk
    • Determine Residual Risk
    • Record your Findings
    • Review your Findings
  6. Risk Management Techniques
    • Qualitative Techniques
      • Brainstorming
      • Assumption Analysis
      • Interviews
      • Checklist
      • Risk Registers
      • Probability Impact Grid Analysis
    • Quantitative Techniques
      • Decision Trees
      • Probability Impact Grid Analysis
      • Bow Tie Analysis
      • Hazard and Operability Studies
      • Failure Mode and Effect Analysis
  7. Summary