Risk management course

The shipping industry has always experienced accidents and incidents. Not all have been major disasters, but when one does occur it tends to shake the industry to the core, causing legislation and regulations. People often react as if the disaster was totally unsuspected, and then the investigations and inquiries begin. On many occasions there is surprise that it had not happened before. The risks involved and the error chain that led to the loss of life, explosion or pollution are evident to all, but were not foreseen, nobody had identified the possible outcome from the available evidence.

AIM

The Aim of this course is to provide a structured view of risk management for personnel new to the subject.

OBJECTIVES

The objectives of the course are to ensure the participant:

Knows and understands the objectives of risk management
Knows the five parts of risk management
Understands the control options
Defines hazard and risk
Understands the concept of severity
Understands the concept of likelihood
Demonstrates a risk assessment on an operation
Understands the concept of pre-control and control risk
Understands the matrix concept of risk
Understands the qualitative terms of risk
Understands the benefits of risk assessment and risk management

v.3 2/2006