INTRODUCTION FOR EFFECTIVE RISK AND OPPORTUNITY ASSESSMENT
Risk management is an increasingly important business driver and stakeholders have become much more concerned about risk. Moreover, it has been included in most of the international standard. Risk may be a driver of strategic decisions; it may be a cause of uncertainty in the organization, or it may simply be embedded in the activities of the organization.
By implementing the principles and guidelines of Risk Management in your organization, you’ll be able to implement risk management and improve operational efficiency, governance, and stakeholder confidence, while minimizing losses. It also helps you boost health and safety performance, establish a strong foundation for decision-making, and encourage proactive management in all areas.
HOW WILL YOU BENEFIT:
- Understanding the Risk Management approach
- Apply related Risk Management techniques to the organization
- Improve employees’ preventive action concept
- Enhance the confidence level of stakeholders of the organization
WHO MUST ATTEND EFFECTIVE RISK AND OPPORTUNITY ASSESSMENT
This course is designed for process owners and management personnel who wish to learn and prepare for management system risk management, planning, and assessment.
COURSE CODE / DURATION
QTS-03 / 2 days
COURSE CONTENT
SECTION 1: INTRODUCTION TO RISK & OPPORTUNITY
- Risk Defined
- Opportunity Defined
- Risk Management Defined
- Purpose of Risk Management
- Process Overview of Risk Management
SECTION 2: ROLES, RESPONSIBILITIES AND AUTHORITIES
- Top Management
- Quality Manager, Health Safety and Environmental Manager
- Line Managers and Supervisors
SECTION 3: RISK MANAGEMENT PROCESS
- Identification
- Risk Sources
- Risk Identification Tools
- Assessment and Prioritization
- Risk Assessment
- Risk Criteria
- Risk Evaluation
- Risk Treatment
- Risk Appetite
- Reviewing and Reporting
- Monitoring
- Escalation
Group Discussion
Exercise 1:
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- Participants work in teams to Identify Interested Parties, Internal and External Issues.
Exercise 2:
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- Participants work in teams to assess theRisks for (QMS, EMS and OHSMS), and develop a Risk Treatment Plan
SECTION 4: OPPORTUNITY MANAGEMENT PROCESS
- Opportunity for Improving Operations
- Market Opportunities
Group Discussion
Exercise:
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- Participants work in teams to identify opportunity for (QMS, EMS and OHSMS)
SECTION 5: SUSTAINABILITY RISK MANAGEMENT
- M.A.I.C Method
SECTION 6: UNDERSTANDING THE CLIMATE CHANGE AMENDMENT
- Amendment to Clause 4.1
- Amendment to Clause 4.2
SECTION 7: HOW TO IMPLEMENT THE CHANGES?
- Integration
- Documentation Update
- Forms Update
- Climate Change Considerations
- Taking Action
Continuous Improvement
REFLECTION AND Q&A
- Group Reflection: Key Takeaways
- Share insights and learnings from the day.
- Q&A session
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