Leadership and Management

Operations, Risk Management and Mitigation

Effective risk management is crucial for any successful operation, enabling organizations to seize opportunities, minimize threats, and optimize results. Despite its importance, risk management is often approached reactively or, in some cases, neglected altogether. This Operations Risk Management and Mitigation training course emphasizes a proactive approach to managing both threats and opportunities. Participants will engage with a proven six-step methodology covering risk planning, identification, analysis, and control. Designed for operations teams and businesses across all sectors where operations are central to their success, this course will help you accurately and efficiently identify, quantify, and mitigate risks that could disrupt or derail your operations. The content is tailored for personnel involved in or responsible for the successful delivery and continuity of operations. The training is grounded in the latest PMBOK 6th edition and incorporates the principles of ISO 31000:2009, “Risk Management - Principles and Guidelines,” and ISO 31010:2009, “Risk Assessment Techniques.” This training course will feature: - Risk Management Planning - Operations Context and Risk Boundaries - Risk Identification - Risk Analysis & Evaluation - Risk Response Planning, Implementation & Control - Applied Operations Risk Simulation

Vienna - AustriaLeadership and Management
Course schedules
Upcoming dates Classroom
Start date End date Location Fee Registration
Vienna - Austria
€2,125 + VAT
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Barcelona - Spain
€1,925 + VAT
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Rome - Italy
€2,125 + VAT
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Amsterdam - Netherlands
€2,125 + VAT
→
Istanbul - Türkiye
€1,425 + VAT
→
Rome - Italy
€2,125 + VAT
→
Istanbul - Türkiye
€1,425 + VAT
→
Cape Town - South Africa
€2,125 + VAT
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Why Attend

Effective risk management is crucial for any successful operation, enabling organizations to seize opportunities, minimize threats, and optimize results. Despite its importance, risk management is often approached reactively or, in some cases, neglected altogether.

This Operations Risk Management and Mitigation training course emphasizes a proactive approach to managing both threats and opportunities.

Participants will engage with a proven six-step methodology covering risk planning, identification, analysis, and control.

Designed for operations teams and businesses across all sectors where operations are central to their success, this course will help you accurately and efficiently identify, quantify, and mitigate risks that could disrupt or derail your operations. The content is tailored for personnel involved in or responsible for the successful delivery and continuity of operations.

The training is grounded in the latest PMBOK 6th edition and incorporates the principles of ISO 31000:2009, “Risk Management - Principles and Guidelines,” and ISO 31010:2009, “Risk Assessment Techniques.”

This training course will feature:

  • Risk Management Planning
  • Operations Context and Risk Boundaries
  • Risk Identification
  • Risk Analysis & Evaluation
  • Risk Response Planning, Implementation & Control
  • Applied Operations Risk Simulation
Course Objectives
  • 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)
Designed for

This program is intended for professionals involved in Leadership and Management.

  • 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
Course Methodology

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

Course content
Day1

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
Day2

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
Day3

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
Day4

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
Day5

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

SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.

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