Course Description

This practical and highly-interactive course includes real-life case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. Risk assessment is typically applied as an aid to the decision-making process. As options are evaluated, it is critical to analyze the level of risk introduced with each option. The analysis can address financial risks, health risks, safety risks, environmental risks and other types of business risks. An appropriate analysis of these risks will provide information which is critical to good decision making, and will often clarify the decision to be made. The information generated through risk assessment can often be communicated to the organization to help impacted parties understand the factors which influenced the decision. As corporations have become more familiar with risk assessment techniques, these techniques are applied more frequently to improve their decisionmaking processes, even when there is no regulatory requirement to do so. As access to data and analytical techniques continues to improve, risk assessment will continue to become easier to perform and more applications, both mandatory and voluntary, can be expected.This course is intended to provide an overview of the risk assessment field for managers and technical professionals in the Maritime and Offshore Oil and Gas industries. The risks addressed are primarily those affecting the safety of a vessel, facility or operation, but the methods discussed can also be applied to other types of risk. The concept of risk is defined, and the methods available to assess the risks associated with an operation are described. Guidelines for setting up and conducting successful risk studies are provided. Regulatory requirements that have prompted the development of modern risk assessment practices are described, and future regulatory trends are discussed. And finally, examples of risk assessment applications are discussed

TRAINING METHODOLOGY

This interactive training course includes the following training methodologies:

30 % Lectures
20 % Workshops & Work Presentations
20 % Case Studies & Practical Exercises
30 % Videos, Software & Simulators

In an unlikely event, the course instructor may modify the above training methodology for technical reasons.

VIRTUAL TRAINING (IF APPLICABLE)

If this course is delivered online as a Virtual Training, the following limitations will be applicable:

Certificates	:	Only soft copy certificates will be issued
Training Materials	:	Only soft copy materials will be issued
Training Methodology	:	80% theory, 20% practical
Training Program	:	4 hours per day, from 09:30 to 13:30