Quantitative Risk Management for Major Hazard Installation

Course Overview

Quantitative Risk Management for Major Hazard Installation training provides learners with the opportunity to practice, and apply the knowledge and skills learnt to produce a practical risk management plan for the organisation, conduct hazard identification, apply risk assessment methodology to evaluate risks and implement the hierarchy of controls to mitigate risks as well as hazard communication through discussions and practices. The three days hands-on training, tailor made to your industry provides the learners that required self-confident to carry out the Hazard Identification and Risk Assessment process by applying various risk assessment Methodologies for Major Hazard Installations.

Who should attend?

This course is specially designed anyone involved in the company Risk Management Process, Managers, Supervisors, HOD’s, Team Leaders, Risk Management Champions and HSE Manager, OHS Supervisor, OHS Supt, Design Engineers, Operations Engineer, Operation Support Supervisor’s.

Duration: 3 days

Pre-requisite

• Have knowledge of your organizational products/services.
• Be self-directed and proactive towards problem-solving of safety issues.
• Have basic knowledge of sources of workplace hazards.
• Have good communication, interactive skills.

Course Outline

Day 1 – Module 1: Planning – Risk Management

• Introduction to Risk Management
• What is Quantitative Risk Assessment?
• Legal Requirements and Implications
• Qualitative Vs Quantitative
• Definition & Methodology
• Contextualising of risk assessments
• Proactive Risk Assessment Methods
• Hazard Vs Risk
• Hazard Identification
• Estimation/Evaluation of Risk
• Risk Assessment Matrix (RAM)
• Human and Cultural Factors
• Workplace or work–related factors
• Difference between Risk Assessment Vs Risk Management
• Elimination and Control Measures
• Industry Perspective Risk Assessment
• ISO 31010: 2019 – International Risk Management Standard
• ISO 45001:2018 expectations
• Techniques for eliciting views from stakeholders and experts (ISO 31010:2019)

Day 2 – Module 2: Evaluation– Risk Management

• Techniques for determining sources, causes and drivers of risk (ISO 31010:2019)
• Risk Perception, Assessment and Communication
• Occupational Health Hazards
• Well-being Hazard identification and control measures
• Elimination and control of risk
• Re-Assessment of Severity Vs Likelihood
• Hierarchy of Control
• Techniques for identifying the risk (ISO 31010:2019)
• Engineering Controls (examples)
• Qualitative Vs Quantitative Risk Assessment
• Development of Risk Assessments
• When to use Dynamic Risk Assessment
• Job Hazard Analysis
• Hazard Identification (HAZID)
• Hazard and Operability Study (HAZOP)
• Qualitative Risk Assessment (QLRA)
• Quantitative Risk Assessment (QRA)
• Techniques for analysing control (ISO 31010:2019)
• Bow-Tie Analysis -Method
• Frequency Analysis
• Event-Tree Analysis
• Fault-Tree Analysis
• Cause Consequence analysis (CCA)
• Hazard analysis and critical control points (HACCP)
• Layers of Protection Analysis (LOPA)

Day 3 – Module 3: Applying Risk Management

• Case Studies – Hands on Exercises
• Hazard Rating & Assessing Exposure Levels
• Re-evaluation with additional controls
• Implementation and control
• Auditing Risk Management
• Risk Estimation and Evaluation Techniques
• Holistic approach in Risk Management
• The Hazards and Effects Management Process (HEMP)
• Case Studies:
• Risk Analysis: Case Study
• Hazards and Consequences of release scenarios

Facilitation Approach

• Theory (60%) – Knowledge, Comprehension & Discussion 
• Practical (30%) – Role-play, Group Discussions, Visual aids & case study
• Reflection: (10%)
• Trainer: Trainee Ratio: 1:15