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Risk Mitigation for Operations

  • In-Person or Simulation Based or Virtual
  • EN

Overview

Risk mitigation is often considered only after a costly and time-consuming incident disrupts operations. Performing a risk assessment before problems occur proactively handles potential problems and makes sure precious resources stay focused on progress vs. remediation. This one-day hands-on workshop will provide you with real-world practice in our simulation-based scenarios that prepare you to manage risk. In the simulator, you will measure the quality of your risk-mitigation plan against various likely scenarios and learn how to effectively protect your plan. You will also practice your skills in a "risk challenge" that requires you to rapidly apply the concepts to your own real-life scenarios.

Course details

What's Included

What You Get

  • 1 day led by an expert instructor
  • Digital job aid
  • Five-step process to reducing and mitigating everyday risk
  • Certificate of completion & KT Foundations Badge
  • Certification Credits : 0.7 CEUs

Audience

Personnel involved in shutdowns, turnarounds, and outages (STOs), changeovers, and roles such as Reliability and Maintenance Engineers and project team members.

Benefits

  • Stay productive: Keep your organization’s operations up and running during fixes, maintenance, and improvements by minimizing productivity loss or damage due to unexpected or unmitigated risks
  • Protect your assets and reputation: Minimize financial loss and reputational exposure to your business by identifying potential issues and creating an actionable plan to prevent them or respond with agility
  • Increase agility: Increase your organization’s ability to respond quickly and safely when things go wrong
  • Create a risk-conscious culture: Embed risk mitigation practices throughout the organization that make the identification and response to vulnerabilities part of the business culture. Mitigation of risks should be a priority for everybody—not just for specialists

Skills Developed

  • Improve your risk assessment and mitigation skills through Kepner-Tregoe’s practical methodology
  • Understand the key questions in evaluating the level of risk you are facing and its possible impact on the business
  • Learn and apply a practical approach to quickly identifying and mitigating risks then translating the insights into an actionable plan
  • Acquire hands-on skill through a simulation-based, experiential learning approach that minimizes theory and maximizes practice to build true skills

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