Risk Assessment & Risk Evaluation

Course Contents:

Day 1: Introduction to Risk Assessment

• Definition of key concepts in risk and risk management.
• Importance of risk assessment in business and industry.
• Steps and stages of the risk assessment process.
• Risk assessment standards (e.g., ISO 31000, ISO 45001).

Day 2: Risk Analysis and Techniques

• Qualitative and quantitative risk analysis methods.
• Risk analysis tools and techniques (e.g., FMEA, HAZOP, What-if Analysis).
• Study of internal and external risk factors.
• Identification and analysis of critical scenarios.

Day 3: Risk Evaluation

• Risk evaluation methodologies: likelihood and impact.
• Risk matrices and how to use them.
• Risk categorization and prioritization for treatment.
• Case studies on risk evaluation.

Day 4: Risk Handling and Response Plans

• Risk management strategies (avoidance, mitigation, transfer, acceptance).
• Development of emergency response and contingency plans.
• Integrating risk assessment within organizational management systems.
• Monitoring and tracking the performance of risk management plans.

Day 5: Practical Applications and Continuous Evaluation

• Workshop: Practical application of risk assessment and evaluation on a project or facility.
• Use of digital tools for risk assessment.
• Continuous improvement of risk management systems.
• Discussion of real-world challenges and development of improvement solutions.