Operational Risk Management & Mitigation

The key to this Operational Risk Management and Mitigation Training course is hands-on experience of applying Operational Risk Management techniques to case studies and to live examples within participants’ own operations. To create an energetic and enjoyable learning experience, a variety of team-based activities, games, videos and discussions are also used to enable participants to grasp the end-to-end process of identifying and mitigating risk.

At the end of this Operational Risk Management and Mitigation Training course, you will learn to:

• Appreciate the benefits of proactive Operational Risk Management
• Construct an effective Risk Management Plan
• Conduct Risk Identification and Risk Analysis
• Plan a response to risk and take action to mitigate it
• Implement an Operational Risk Management Framework within your organisation
• Document, report and manage Operational Risk
• Apply a systematic approach to Risk Management within your own operations

This training course is aimed at wide variety of operational professionals. Any manager with responsibility for running or supporting continuous and safe operations will find it beneficial.

This Gulf Rowad Operational Risk Management and Mitigation Training course is suitable to a wide range of professionals but will greatly benefit:

• Senior Operations Managers
• Risk Management Professionals
• Operations Managers
• Senior Team Leaders
• Maintenance Managers, Engineers and Technicians
• Operations Planners

Organisational Impact

The main benefit of this Operational Risk Management and Mitigation Training course is to help organisations anticipate and mitigate risk inherent in all operations. Other benefits include:

• Increased organisation sustainability
• Enhanced operational continuity and efficiency
• Enhanced management understanding of the dimensions of Risk Management
• Enhanced management ability to plan for and control Operational Risk
• Embedding of a systematic approach to Operational Risk Management
• Greater buy-in to proactive Operational Risk Management from key stakeholders

Personal Impact

Participants will increase their confidence and ability to manage the risk inherent in their operations. Other benefits include:

• Increased understanding of the components that make up a Risk Management Framework
• Enhanced ability to apply systematic Operational Risk Management techniques
• Enhanced ability to plan for, identify, analyse and control Operational Risk
• Greater ability to gain buy-in to Risk Management from key stakeholders
• Increase understanding of tools available to simplify Operational Risk Management
• Enhanced understanding of the application and advantages of Risk Governance