A highly interactive training course on

Operations, Risk Management and Mitigation

Ensuring Operational Continuity
through Pro-Active Risk Management
Coventry Academy -  Operations, Risk Management and Mitigation
5
Days

Course Schedules

 Barcelona
 03-07 Feb 2025
 $5,950
 London
 26-30 May 2025
 $5,950
 London
 25-29 Aug 2025
 $5,950
 Dubai
 06-10 Oct 2025
 $5,950
 Dubai
 03-07 Nov 2025
 $5,950

Training course overview

In any successful operation, effective management of risks is paramount—ensuring opportunities are seized, threats minimized, and results optimized. However, risk management often remains reactive or neglected altogether.

Enter the Operations Risk Management and Mitigation training course, where you'll adopt a proactive approach to handling both risks and opportunities. Utilizing a proven six-step methodology—from risk planning through identification, analysis, and control—the course empowers operations teams and businesses to accurately identify, quantify, and mitigate potential disruptions.

This training is essential across industries where operations are critical, necessitating formal risk management. It's tailored for personnel involved in or accountable for ensuring the continuity and successful delivery of operations.

Aligned with the latest PMBOK 6th edition and principles of ISO 31000:2009 and ISO 31010:2009, the course covers:

  • Risk Management Planning
  • Operations Context and Risk Boundaries
  • Risk Identification
  • Risk Analysis & Evaluation
  • Risk Response Planning, Implementation & Control
  • Applied Operations Risk Simulation

What are the goals?

By the end of this training course, participants will be able to:

  • Develop an overview of the Risk Management Process
  • Learn to identify risks that affect operational safety, time, cost and quality
  • Apply useful techniques to identify, analyse and mitigate risks throughout the operations life-cycle
  • Learn how to create an effective risk monitoring plan and risk management strategies
  • Use a practical, six-step process to manage operations risks
  • Develop a risk management budget based on Expected Monetary Value (EMV)

Who is this training course for?

This training course is tailored for all operations professionals and managers who are either involved in, or responsible for, the continuous and safe operability of their facilities. Whether you are engaged as a Plant Manager, Operations Supervisor, Maintenance Technician or any other operational specialist, understanding how to identify, assess and manage operational risk is crucial to both your own daily job tasks and the continued safe operability of the facilities you work in.

This training course is suitable for a wide range of professionals but will greatly benefit:

  • Operations team leaders, supervisors, section heads and managers
  • Business and operations professionals who have an interest in risk management
  • Maintenance managers, engineers and technicians
  • Technical professionals involved in operations start-up, maintenance and shut-down
  • Business administrative, procurement and support staff
  • All personnel involved in carrying out operations work assignments

How will this training course be presented?

The training methodology will incorporate both theory and skill training components, utilizing traditional lectures, hands-on exercises, group discussions and case studies.

Course Outline

Day One: Risk Management Framework and Planning
  • The Six Risk Management Processes
  • Purpose & Benefits of Risk
  • Responsibilities in Risk Management
  • Integrating Risk Management into the Operations Management Process
  • Risk Management Planning
  • Risk Planning Process
Day Two: Risk Identification Processes
  • Operations Context & Stakeholders
  • Risk Identification Inputs
  • Risk Identification Tools & Techniques
  • Consequential Risk Identification
  • Risk Identification Outputs
  • Risk Planning & Identification Exercises
Day Three: Risk Assessment and Quantification Processes
  • Operations & Maintenance Estimating Techniques
  • Schedule Diagramming - Critical Path Method (CPM)
  • Program Evaluation & Review Technique (PERT)
  • Qualitative Risk Analysis
  • Quantitative Risk Analysis
  • Risk Assessment Exercises
Day Four: Risk Response Plan Development
  • Risk Prioritisation
  • Risk Response Strategy Guidelines
  • Response Strategies for Threats & Opportunities
  • Response Planning & Analysis
  • Alternative Responses & Response Validation
  • Risk Response Planning Exercises
Day Five: Risk Response Implementation & Control
  • Risk Control Guidelines
  • Risk Control Inputs
  • Risk Control Tools & Techniques
  • Risk Control Outputs
  • Risk Reporting & Documenting
  • Risk Management Simulation

The certificate

  • Coventry Academy Certificate of Attendance will be provided to delegates who attend and complete the course.

Coventry Academy
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