Summary

This BK's Risk Management for Industrial Process Plant, oil & gas & Chemical Plant Programme focuses on the issues and imperatives in managing risks in the  Industrial Process Plant. Industrial Process Plant, oil & gas & Chemical Plant are inherently risky, and in order for any organization to succeed in today’s fast-paced, globally interlinked industry environment, the ability to proactively identify, assess and reduce risk and uncertainty is essential but is not always managed effectively. Unfortunately, in recent years, the industry has seen many high-impact, but avoidable, incidents that, as well as representing high cost and loss of life have a major impact on reputation. It is apparent that all responsible organizations today need to give increased prominence to Risk Reduction and Management. 

BK's Knowledge transfer program (KTP) provides both a structured approach to managing risks efficiently and effectively and the opportunity to study the management lessons that can be learned from Oil and Gas, petrochemical, & Chemical industry experiences. Case studies are used to highlight key issues and learning points.

Providing an in-depth understanding of the risk management framework from start to finish. Developing a core understanding of the risk management framework, to embedding risk management within your organization’s culture, to breaking behavior barriers that prevent successful implementation, you will finish with the ability to effectively and resourcefully assess and monitor risks using practical tools.

This B. Khebra’s training course will highlight:

• Key risk management concepts
• The importance of defining the project
• Risk management planning process
• Qualitative and Quantitative Analysis methods
• Appropriate responses and controlling techniques

Reference

Objective

By the end of the course participant will be able to :

• Understand how risk management can assist organizations to achieve their objectives and optimize decision-making.
• Learn about the benefits of risk management and its relationship with governance, assurance, and sustainability.
• Know the types of risk faced by the organization and the concepts of positive and negative risk.
• The importance of ISO 31000: Risk management principles, framework, and processes.
• Gain an understanding of the importance of culture, communication, and behavior.
• Assess risk and select appropriate actions and controls using key tools.
• Know how to communicate risks to all levels of your organization, and to external stakeholders.
• Gain insight into determining your organization’s appetite and tolerance for risk.

Who should attend

This BK's  Knowledge transfer program (KTP) is suitable for a wide range of professionals who are involved in any aspect of Risk Management within the industrial Process plant, Petrochemical, and Oil & Gas industries and who want to understand, implement and improve the most update Risk Management concepts, processes, and ideas. For example:

• Experienced Risk Managers & Practitioners requiring a refresher on recent developments
• Internal auditors who seek to fully understand Risk Management & ISO 31000
• Line & Project Managers who want to ensure that they are effectively managing risk
• Operations, Project and Program Managers, Engineers and Supervisors
• Change, Transformation & Organizational Development Managers, Excellence, & Quality Professionals
• All Other Managers

Additional Information

ORGANISATIONAL IMPACT

Any organization that takes risk seriously will gain huge benefits from this B. Khebra’s training course. By taking time to understand the importance of risk management and then backing that up with recognition of the key processes to be used, your employees will become more pro-active and avert many issues that become a huge thorn in the side of any organization.

PERSONAL IMPACT

Participants will gain key skills and learn many areas of competence around the area of risk management. Due to the construction of the course, all delegates will gain hands-on experience with many of the key steps and tools to use and manage risk well in their own projects or organizations.

COURSE METHODOLOGY: 

Participants will receive thorough training on the subjects covered with the tutor utilizing a variety of proven adult learning teaching and facilitation techniques. Seminar the methodology is designed around PMI® and RMP syllabi and includes an insight into appropriate methods as well as industry tools and processes used as a practice example. This course includes teamwork around an applicable case study, with group discussion and critical analysis of risk in relation to stakeholders, processes, and project context.