Operations, Risk Management and Mitigation 674516 Why Choose this Course?The key to any successful operation lies in the effective management of risks; the ability to seize opportunities, minimise threats and optimist results. However, risk management is too often treated as a reactive process, or worse, not done at all. In this Operations Risk Management and Mitigation training course, you’ll work through the proactive approach to both sides of risk: threats and opportunities. The approach applies a proven six-step methodology of risk planning through to identification, analysis and control.This Oxford training course is designed to help operations teams and businesses accurately and efficiently identify, quantify, and mitigate risks that threaten to disrupt, or derail, their operations. The training course content is applicable to all industry sectors where operations form the cornerstone of their business and are of a value and nature that necessitate formal risk management. It is tailored for all personnel who are either involved in, or responsible for, the successful delivery and continuity of these operations.The training course is based on the latest PMBOK 6th edition and also applies the principals of ISO 31000:2009, “Risk Management - Principles and Guidelines” and ISO 31010:2009, “Risk Assessment Techniques”.This training course will feature:Risk Management PlanningOperations Context and Risk BoundariesRisk IdentificationRisk Analysis & EvaluationRisk Response Planning, Implementation & ControlApplied Operations Risk SimulationWhat are the Goals?By the end of this Oxford training course, participants will be able to:Develop an overview of the Risk Management ProcessLearn to identify risks that affect operational safety, time, cost and qualityApply useful techniques to identify, analyse and mitigate risks throughout the operations life-cycleLearn how to create an effective risk monitoring plan and risk management strategiesUse a practical, six-step process to manage operations risksDevelop a risk management budget based on Expected Monetary Value (EMV)Who is this Training Course for?This training course is tailored for all operations professionals and managers who are either involved in, or responsible for, the continuous and safe operability of their facilities. Whether you are engaged as a Plant Manager, Operations Supervisor, Maintenance Technician or any other operational specialist, understanding how to identify, assess and manage operational risk is crucial to both your own daily job tasks and the continued safe operability of the facilities you work in.This Oxford training course is suitable for a wide range of professionals but will greatly benefit:Operations team leaders, supervisors, section heads and managersBusiness and operations professionals who have an interest in risk managementMaintenance managers, engineers and techniciansTechnical professionals involved in operations start-up, maintenance and shut-downBusiness administrative, procurement and support staffAll personnel involved in carrying out operations work assignmentsHow will this Training Course be Presented?The training methodology will incorporate both theory and skill training components, utilizing traditional lectures, hands-on exercises, group discussions and case studies.
