Course Description

Risk and risk management—is an inescapable part of economic activity. People who want to go deeper into the topic of risk assessment and get familiar with a wide range of methods and tools that may be used. Participants will learn how to apply risk assessment methods at the different operational levels. Management and compliance includes best practices are described as per industry standards.,

Project risk management (PRM) provides an effective approach to improve decision-making, reduce threats, reduce the impact of incidents, uncertainty, and increase the probability of the project achieving its cost, time and other objectives. This course provides an understanding of risk management concepts and how to identify, analyze, and mitigate risks.

Regardless of how carefully affairs are managed, there is risk inherent in nearly everything we do, because the outcome, whether good or bad, is seldom predictable with complete certainty. However, this course will focus on economic and financial risk, particularly as it relates to investment management.

Course Objectives:

At the end of this course, Participants will be able to:

• Plan project risk management
• Define project risk management
• Identify project risks
• Manage portfolio risks
• Indicate and manage risk tolerance
• Demonstrate knowledge on the various methods used to conduct risk analysis, risk assessment and risk management process
• Familiarize with the management and compliance framework and processes
• Practice the application of a risk-based approach in the management of change process

Who Should Attend?

• Shore and ship staff involved in the continuous improvement of the company’s management system
• HSE managers,
• Operation managers,
• Company security officers,
• Superintendents,
• Engineers,
• Project managers responsible for management of change process.
• Others: personnel of insurance firms, consultants, etc.

Delivery Method: Discussion of case studies, video-based material, group exercises and illustrations

Venue: 

Fee:  

Duration: 1 week

Course Date: March 27th –  31st, 2023