APPLICATION OF RISK MANAGEMENT AND ITS MITIGATION PROCESS

Course Content

Total Training Hours: 14 hours
  • INTRODUCTION TO RISK MANAGEMENT  0/4

    • Lecture1.1
      ANSI/ASSE Z690.2-2011: Risk Management Principles and Guidelines- ISO 31000:2009
    • Lecture1.2
      Five Attributes to enhance risk management
    • Lecture1.3
      The ISO 31000:2009 risk management process
    • Lecture1.4
      Developing the Risk Management Framework
  • MANAGEMENT OF THE STRATEGIC SYSTEM RISKS  0/4

    • Lecture2.1
      Strategic system – Risk Management for Product/Process Excellence
    • Lecture2.2
      Product Life Cycle Risk Management
    • Lecture2.3
      Optimise Processes to Avoid, Eliminate, Precipitate, & Mitigates Risks
    • Lecture2.4
      What the cost- risk optimization point?
  • TOOLS AND METHODS FOR IDENTIFYING AND ANALYSIS OF POTENTIAL PRODUCT HAZARD  0/5

    • Lecture3.1
      Perform Force field analysis
    • Lecture3.2
      Perform SWOT analysis
    • Lecture3.3
      Lean how Fault Tree Analysis is used to analyze coolant supplies system
    • Lecture3.4
      Perform Failure Modes Effect Analysis (FMEA)
    • Lecture3.5
      Lean the 14 Steps of the FMEA Process
  • RISK MANAGEMENT METHODOLOGY  0/6

    • Lecture4.1
      Project Team Operational Risks
    • Lecture4.2
      4 Steps Risk Management Methodology
    • Lecture4.3
      Risk Breakdown Structure
    • Lecture4.4
      Risk Severity Matrix
    • Lecture4.5
      Perform risk assessment
    • Lecture4.6
      Risk Register and Risk Response Matrix
  • SELECTION AND APPLICATION OF APPROPRIATE RISK PLANNING TOOLS/TECHNIQUES THAT WILL MEET YOUR ORGANIZATION'S NEED  0/1

    • Lecture5.1
      Tools/Techniques for Risk Response Planning