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Risk Assessment and Management

It is not possible to control or manage 100% of risk, but knowing what do before, during, and after an event will mitigate the damage and harm. Identifying potential hazards and risks and making it part of the day to day business is important. Safety should be the first priority as every business must face the reality of risks and hazards.

Through our Risk Assessment and Management course your participants will be aware of hazards and risk they didn’t realize were around their workplace. Identifying hazards through proper procedures will provide your participants the ability to prevent that accident before it occurs. Limiting and removing potential dangers through Risk Assessment will be an incredible investment.

Objective:

  • Identify hazards and risks
  • Update control measures
  • Grasp the fundamentals of accident reports
  • Identify risk management techniques
  • Outline a disaster recovery plan
  • Communicate to the organization
 
Introduction : Getting Started

Risk assessment and management is essential for the success of any business. However, many companies do not always take the necessary precautions, which leads to disaster. Successfully managing risks will prevent mistakes, which leads to a safer work environment, happier employees, and increased productivity. Following a few basic steps will place your organization on the path to success.

Module 1 : Identifying Hazards and Risks

Every organization has both hazards and risks. Identifying hazards and risks is necessary for risk management. Hazards and risks are often confused with each other. Determining the difference between a hazard and a risk will increase the effectiveness of the risk management program.

Module 2 : Seeking Out Problems Before They Happen (I)

The purpose of a risk assessment is to seek out problems before they happen. This allows you to prevent accidents and emergencies, or you can at least be better prepared when emergency situations do occur. This requires and understanding of the business and vigilance. By paying attention to potential problems, you will improve the overall health and success of your business.

Module 3 : Seeking Out Problems Before They Happen (II)

Problems can occur at any time. This is why you must always be prepared to address them. Seeking out problems before they occur requires you to ask questions. You must pay attention to the risks of external events and preparing for the worst case scenario. The consequence scale may identify the potential problems.

Module 4 : Everyone’s Responsibility

Managing risks does not stop with the management team. Everyone is responsible for the safety of the business environment. The risks and potential problems that an organization faces must be clear to employees at all levels. If everyone works to prevent problems before they begin, everyone will enjoy a safe and smoothly run work environment.

Module 5 : Tracking and Updating Control Measures

Control measures are essential to risk management. The risk assessment allows you to effectively track control measures. By tracking control measures, you will be able to update them as necessary. Updated control measures ensure that the work environment is safe for everyone and that it remains safe as changes occur within the organization.

Module 6 : Risk Management Techniques

Once the risks are assessed, they must be managed carefully. There are four basic risk management techniques, and your company probably uses all of them. The management technique that you use will vary according to the severity of the risk and the current stability of the organization. You will choose between reducing the risk, transferring the risk, avoiding the risk, and accepting the risk when determining which technique to use.

Module 7 : General Office Safety and Reporting

It is important not to overlook the importance of safety in the office setting. A large number of accidents occur in the seemingly safe office environment. While it is important to try and prevent accidents in the office, it is equally important to be prepared in the event that accidents occur. Planning and reporting are essential to risk management. Preparation will help create a safe working environment.

Module 8 : Business Impact Analysis

The business impact analysis is used to calculate the consequences of potential disruptions, and it determines what is necessary for a company to recover. The risk assessment identifies the potential losses that the organization faces as well as severe risks. Combining the information of the risk assessment with the business impact analysis will allow you to prepare for risk and overcome the impact that they have on the organization.

Module 9 : Disaster Recovery Plan

Every organization needs a disaster recovery plan. The disaster recovery plan outlines the procedures that need to be followed in the event of a disaster to protect it. By considering the consequences of disasters ahead of time, the recovery plan will mitigate their effects. The disaster recovery plan is established for different disasters, including natural and manmade disasters such as severe weather or technology crashes.

Module 10 : Summary of Risk Assessment

The risk assessment is essential to risk management and many other strategies. This requires an understanding of risk assessment and risk assessment strategies. The ability to apply risk assessment techniques in the office will improve safety for employees and the organization.

Conclusion : Wrapping Up

Although this workshop is coming to a close, we hope that your journey to understanding risk assessment and risk management is just beginning. Please take a moment to review and update your action plan. This will be a key tool to guide your progress in the days, weeks, months, and years to come. We wish you the best of luck on the rest of your travels!