
Overview
- To identify and analyze what constitutes good risk management and assessment portfolio in the any industry
- Making good decision in selecting an appropriate risk model in any industry
- Addressing the needs of situations at the workplace environment
- Developing a stronger risk management quotient to maximize value to the organization
- To analyze Production Sharing Agreement Risk Model and how it can benefit the organization
- To learn the techniques to help maintain equilibrium and create constructive solutions through scheduling and optimization risk modelling tools
- Understanding the impact of good risk management practices in the Industry
- Reflections and insights of developing an effective risk management and assessment agenda for the organization
Learning Outcomes
- Understand the fundamentals of Risk Management and Assessment
- Learn the importance and outcomes of developing good risk management skills
- Identify Risks Involved in any Industry
- Understand the Industry Risk Calculator
- Develope Contingency Plans and Strategies to deal with potential “time bombs”
- Understand what accidents and incidents are common in industries
- Manage crisis and deal with calculated risks in the Industry
- Aware of the Regulatory Oversight of Countries and the Ban Lists
- Establish Risk control measures to manage the identified risks
- Identify Corporate Duty of Care and Due Diligence
Who Must Attend
This Risk Management and Assessment Tools workshop is open to any manager, administrative executive and/or employees who would like to develop good risk management and assessment skills and building a successful work environment
Course Details
- The fundamentals of Risk Management and Assessment in the various industries
- The importance and significance of practicing good risk management and assessment criteria
- The importance and significance of developing good risk management competence
- The importance and significance of managing risk opportunities at the workplace
- Identifying and Documenting Risks in various industries
- Risk Types and Common Risks
- Catastrophic Risks
- People Risks
- What is High, Medium and Low Risks in various industries
- Types of Risk Descriptors
- Capacity and Utilization Risks
- Strategic Related Risks
- Political Risks
- Operational and Procurement Risks
- Labor Agreement Risks
- Accident and Incident Records
- Maintenance Arrangements with approved contracted vendors
- Regional Safety Factors
- Technical Partnerships and Affiliations
- Commercial Alliances and financial stability
- Identifying and Understanding:
- Consequences Classes of Risks
- Class I – Catastrophic
- Class II - Critical
- Class III – Moderate
- Class IV – Negligible
- Severity, Likelihood of Incidents and Accidents Happening
- Risk Index, Risk Level Action (Probability Multiply Exposure)
- Common Industry Risks
- External Risks- Financial and Hazard Risks
- Internal Risks – Strategic and Operational Risks
- Strategies to develop good administration at the workplace
- The PDCA Cycle for Risk Management (Plan, Do, Check and Action Tools) in action
- Develop strategies in good risk management processes
- Strategies to develop a Consensus Model
- Strategies to build a Contributing Factor Diagram
- Strategies on Thinking Processes and Cultivating an “Intelligent Organization” mindset
- How to develop a good crisis management plan using risk management tools
- Communicate the identified hazard, risk evaluated and implemented risk control measures to the people concerned in accordance with the risk management plan
- Present the risk management plan to relevant stakeholders for consideration in accordance with organizational procedures
- What have we learnt to apply at our organization?
- Tools and techniques revisited to bring out the learning lessons
- Practical Role Plays to reflect outcomes of the training session
- Summary of the learning outcomes and the training highlights
- Feedbacks from the Participants and Suggestions/Recommendations from the Trainer to prepare for the actual experience at the workplace
Methodology
Course Leader
Phd, Author-Trainer-Business & Technical Consultant, Trade Negotiator, Change Agent
View Dr Barrak’s Youtube on Strategic Negotiation https://youtu.be/HqtznWL98Xc
JEFFREY HERBERT WILLIAMS
- Healthway Medical Group Singapore General Hospital
- Savills Property Management Pte Ltd
- Ministry of Education, HQ
Or
We have a faculty of equally talented trainers who can cater to your organisation's specific needs in the event of substitution.
For training and advisory services, feel free to contact us at info@itrainingexpert.com or call us at +603 8082 3707 | +603 8074 9056 | +6012 6869 628 | +6018 2175 123
Testimonies
Investment
Normal Fee |
Sign up 1 pax |
Pay before course starts |
MYR 2,990.00 |
USD 850.00 |
Early Bird |
Sign up 1 pax |
Pay 14 day(s) before course starts |
MYR 2,590.00 |
USD 760.00 |
Group Fee |
Sign up 3 pax or more |
Pay 14 day(s) before course starts |
MYR 2,490.00 |
USD 730.00 |
1. Online Payment by Credit card: You can opt to register and pay online with our latest payment integration system through our website.
2. Bank Transfer- You can also opt to use GIRO or telegraphic transfer of payment via international banks.
3. HRD Corp Claimable Courses Skim Bantuan Latihan Khas - Applicable to Malaysian Employer Only