What you'll learn
The risk management framework of ISO 31000
Principles of risk management
Selection of the risk assessment techniques
Risk techniques of IEC 31010
Risk treatment options
Requirements
Basic information about management system standards is valuable but not necessarily needed
Description
The purpose of this course is to present the framework for risk management proposed by ISO 31000 along with the multiple risk techniques from IEC 31010 (a supporting standard for ISO 31000).After going through the lessons you will have a good understanding of the risk management principles, the framework of ISO 31000, risk assessment techniques or available risk treatment options.The structure of the course includes:- general aspects about risk management and the framework proposed by ISO 31000- risk management principles- the support and involvement of top management for the risk management process- the risk assessment process and the selection of the appopriate risk techniquesA brief presentation of the general aspects of risk techniques from IEC 31010 including:- Brainstorming;- Structured and semi-structured interviews;- the Delphi technique;- HAZOP (Hazard and Operability);- HACCP (Hazard Analysis and Critical Control Points);- Business impact analysis;- Root cause analysis;- FMEA and FMECA - Failure Modes and Effects (and Criticality) Analysis;- Fault tree analysis;- Event tree analysis;- Cause - consequence analysis;- Cause and effect analysis;- Bow tie analysis;- Reliability centered maintenance;- Markov analysis;- Monte Carlo simulation;- Consequence probability matrix;- Cost - benefit analysis;- Multi criteria decision analysis;and others.The final part of the course is about risk treatment options, concepts like residual and secondary risk, monitoring and improvement of the risk management process.The various risk techniques of IEC 31010 are explained in an easy to understand way with simple examples.At the end of the course there is a quiz - with questions from the subject matter.Learn about how to develop and apply a risk management process by following the framework of ISO 31000.
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Risk management
Lecture 2 Risk management framework
Lecture 3 Risk management principles
Lecture 4 Leadership and commitment
Lecture 5 Scope, context and criteria
Lecture 6 The risk assessment process
Section 3: Risk techniques of IEC 31010
Lecture 7 Selection of risk assessment techniques
Lecture 8 Brainstorming
Lecture 9 Structured and semi-structured interviews
Lecture 10 Delphi technique
Lecture 11 Checklists
Lecture 12 Preliminary hazard analysis (PHA)
Lecture 13 HAZOP
Lecture 14 Hazard Analysis and Critical Control Points (HACCP)
Lecture 15 Toxicity assessment
Lecture 16 Structured "What - if" techniques (SWIFT)
Lecture 17 Scenario analysis
Lecture 18 Business impact analysis
Lecture 19 Root cause analysis
Lecture 20 FMEA and FMECA
Lecture 21 Fault tree analysis (FTA)
Lecture 22 Event tree analysis (ETA)
Lecture 23 Cause-consequence analysis
Lecture 24 Cause and effect analysis
Lecture 25 Layers of protection analysis (LOPA)
Lecture 26 Decision tree analysis
Lecture 27 Human reliability assessment (HRA)
Lecture 28 Bow tie analysis
Lecture 29 Reliability centered maintenance
Lecture 30 Sneak analysis
Lecture 31 Markov analysis
Lecture 32 Monte Carlo simulation
Lecture 33 Bayesian statistics and Bayes nets
Lecture 34 FN Curves
Lecture 35 Risk indices
Lecture 36 Consequence/ probability matrix
Lecture 37 Cost-benefit analysis
Lecture 38 Multr-criteria decision analysis
Section 4: Risk treatment, monitoring and improvement
Lecture 39 Risk treatment
Lecture 40 Monitor, review and improve risk management
Lecture 41 Conclusions
Risk managers,Risk practioners,Risk professionals,Management system professionals,ISO consultants and auditors


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