National Industrial Training Institute

Overview

Believing in the importance of developing the human resources, which is one of the most important factors for institutions’ success, the Institute has been keen to establish short technical courses in the disciplines it offers, which targeting administrative staff, engineers and technicians in the oil and gas sector.

Risk Management

certification

1-5 Days

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Course Overview

Risk management involves understanding, analyzing and addressing the risk to make sure organizations or individuals achieve their objectives safely. The main objectives of this course are to ensure that all the risks affecting the profitability and other material risks are identified, assessed and analyzed, to ensure the overall efficiency, security and continuity of operations. The course offers a comprehensive look at the risk management process, including tips to apply and traps to avoid. In addition, the course provides students with practical, ready-to-use approaches for risk planning, identifying and analyzing projectrelated challenges, developing risk handling strategies, and monitoring progress in implementing risk handling techniques.

Who Should Attend?

The course is appropriate for mid-level system engineers, supervisors and project managers, as well as senior project managers, senior tech-nical specialists, Risk managers or Specialist, and HSE and Safety advisors.

Enabling Objectives:

  • Overview of risk management
  • Create a risk management plan
  • Communicate risks efficiently
  • Needs for project risk management
  • Understand the typical risk management process
  • Sources of risk
  • Common risk categories
  • Definition of risk, risk management
  • Project risk management process steps (planning, assessment (identification and analysis), handling, and monitoring)
  • Learn how to setup a healthy risk management practice for various projects
  • Process steps commonly missing in a project
  • Organizational implementation
  • Behavioral issues associated with implementation
  • Documenting and communicating results

Duration:

  • ITC-HSE-031 Basics of Risk Assessment & Management – 1 day
  • ITC-HSE-032 Advanced Risk Assessment Evaluation & Control – 5 days