Principles of Risk Management

Purpose

The course provides an overview of risk management in the high hazard industries.  It discusses the drivers for risk management, defines some of the fundamental terminology and introduces major risk management concepts, such as risk tolerability criteria and As Low As Reasonably Practicable (ALARP).  The module briefly introduces some key risk assessment techniques and the situations in which they may be used.  It considers the purpose and structure of an HSE/safety case and an HSE Management System (HSE MS).  The module includes case studies of some significant historical accidents and their root causes, and evaluates the importance of safety leadership and organisational culture in preventing accidents.

 

At the end of the course you will be able to

  1. Deconstruct the risk management process into its constituent components
  2. Contrast key risk management terms such as “hazard”, “consequence” and “risk”
  3. Evaluate the various drivers which cause organisations to manage risk
  4. Demonstrate expertise in academic referencing

 

Outline content

  • Drivers for risk management
  • Definitions and terminology
  • Elements of the risk management process
  • Demonstration of ALARP
  • Example tools, techniques and studies
  • The HSE case (or safety case) and HSE management system
  • Leadership, culture and behaviours
  • Causes of major accidents

 

Study options

Distance learning

In-house customised training can be provided upon request.  Enquire for further details.

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