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47 - AVI - Aviation & Avionics Technologies


ATC 157 - Aviation Risk Assessment

Code Start Date Duration Venue
ATC 157 15 August 2022 5 Days Istanbul Registration Form Link
ATC 157 05 December 2022 5 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

All organizations and specially airlines companies face uncertainty in meeting their objectives. As a proven methodology, risk management is a systematic framework and process for maximizing those areas where outcomes can be controlled while minimizing those that cannot be predicted and over which control cannot be exercised. This course provides the foundation needed to start managing organization’s risks effectively. After completion of this course, participants will be able to describe the fundamentals, key principles and application of risk management to their organizations. 

Course Objectives

  • Understanding the a risk management system
  • Preparing a risk management plan to guide the risk approach
  • Identifying key aspects and interrelationships of a risk management framework with the organization’s management system
  • Estimating and characterizing the impact and timing of risks on your project
  • Understanding the risk management process

Who Should Attend?

  • Airport Managers
  • Safety and Compliance Managers and Staff
  • Duty Managers and Supervisors
  • Personnel with active roles in managing safety at an aerodrome
  • Ground Safety Officers and Supervisors
  • Prospective implementers of risk management

Course Details/Schedule

Day 1

  • Introduction & objectives
  • Context description
  • Relationship of corperate sustainability with enterprise risk management review
  • The concept(s) of risk
  • Cultural aspects on risk
  • Defining risk appetite

Day 2

  • Generic aspects on risk management
  • Defining risk management as a process
  • Identifying an organisations’ risk maturity
  • Types and sources of risk
  • Risk identification techniques
  • Risk analysis and evaluation aspects
  • Risk treatment options
  • Organisational aspects on risk management
  • Why traditional risk management fails
  • Aviation-specific risk management literature
  • Fundemantals of Aviaition Risk Management & Strategy

Day 3

  • Current Risk Management Standards
  • Corporate Governance codes and risk management standards 
  • AIRMIC
  •  Focus on ISO 31000
  • Terms & Definitions
  • Origin and purpose
  • Core elements
  • Frame work
  • Process
  • Supporting documentation
  • Integration with other ISO standards
  • Aviation specific risk management frameworks
  • IATA’s Integrated Risk Management
  • ICAO’s Operational Risk Assessment
  • Filtering all options to select one guiding standard

Day 4

  • Current Risk Management practices at airlines
  • Global airline risk factors
  • How airlines report risk and risk management practices
  • Examples of risk management models at airlines
  • Qantas Group
  • Air New Zealand
  • Lufthansa Group
  • Japan Airlines
  • Cathay Pacific
  • Garuda Indonesia
  • TUI Travel
  • Pegasus Airlines Risk Assessment Samples

Day 5

  • Adaptation of the ISO 31000 framework to the aviaition industry
  • Design of the framework adaptation to the aviaition industry
  • Setting strategy, stakeholder,market, compliance, value chain, supply chain, risk maturity, risk appeti 
  • Launcing proces
  • Determination of organization risk
  • Risk evaluation, risk control, reviewing results
  • Measurement, feedback, gap aanalysis
  • Risk vs. Cost benefit, mitigations, adjusting process