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22 - SRM - Safety and Occupational Health

SRM 118 - Risk Assessment

Code Start Date Duration Venue
SRM 118 24 April 2023 5 Days Istanbul Registration Form Link
SRM 118 19 June 2023 5 Days Istanbul Registration Form Link
SRM 118 14 August 2023 5 Days Istanbul Registration Form Link
SRM 118 09 October 2023 5 Days Istanbul Registration Form Link
SRM 118 04 December 2023 5 Days Istanbul Registration Form Link
Please contact us for fees


Course Description

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

  • Supervisors
  • Managers
  • Executives
  • Prospective implementers of risk management 

Course Details/Schedule

Day 1

  • Definition and characteristics of "risk"
  • Elements and factors of risk
  • Types of risk
  • Components of risk management
  • Response development
  •  Response control
  •  Risk management scheduling, planning and identifying risks

Day 2

  • Idea generation tools and techniques
  • Analysis fundamentals
  • Probability and impact
  • Analyzing and prioritizing risk
  • Risk response planning
  • Risk acceptance
  • Risk avoidance
  •  Risk mitigation

Day 3

  • Probability minimization
  •  Impact minimization
  • Transference
  • Establishing reserves
  • Execution, Evaluation and Update
  • Risk documentation
  • Risk management governance structure

Day 4

  • Behavioural and cultural factors
  •  Value management & risk
  • Environment & stakeholders
  • Risk identification and risk assessment
  • Quantitative methods for risk assessment
  • Risk management policy and process 

Day 5

  • Reporting risk treatment implementation
  • Planned responses to risk
  • Risk registers & their operation
  • Risk ownership
  • Quality & quality management
  • Scheduling, planning & work definition
  • Monitoring and evaluating risk management framework