An Interactive 5-Day Training Course

The Complete Course in Risk Management: Risk Assessment & Risk Management

NASBA

Course Introduction

This training course offers a definitive and integrated approach to risk management, blending foundational principles with advanced, industry-specific applications. In today's volatile environment, professionals must navigate a complex landscape of operational, financial, and strategic uncertainties. This training course is uniquely designed to equip you with critical thinking skills and practical methodologies needed to not just react to risks, but to anticipate and manage them proactively. It provides a universal framework for risk identification, root cause analysis, and problem-solving, ensuring that you can build resilience and drive success, regardless of your sector.

What sets this training course apart is its unique dual-focus design, which caters to both generalist and specialist needs. While the core curriculum provides a robust, generic foundation in risk management that is applicable to any industry, we enrich the learning experience with targeted examples and case studies. For delegates from the Oil & Gas sector, we dive deep into project-specific risks, asset management, and industry-standard analysis techniques. Simultaneously, delegates from educational or other backgrounds will benefit from practical case studies that illustrate the application of these principles in a wider context, ensuring the learning is immediately relevant and actionable for every participant.

This training course will highlight:

  • The universal principles and process of proactive risk management.
  • Strategic application of root cause analysis for permanent problem-solving.
  • Industry-specific case studies for Oil & Gas and other sectors.
  • Practical techniques for qualitative and quantitative risk analysis.
  • Effective risk response planning and communication strategies

Objectives

At the end of this training course, you will learn to:

  • Apply a systematic risk management process.
  • Analyse risks using qualitative and quantitative tools.
  • Develop effective risk response and mitigation strategies.
  • Evaluate project and operational risks for informed decisions.
  • Communicate risk findings clearly to all stakeholders.

Training Methodology

This interactive training course uses a blend of lectures, group discussions, and practical exercises. Delegates will engage in case study analysis, applying learned techniques to realistic scenarios from both the Oil & Gas and general business sectors. This participative approach ensures maximum understanding and retention, allowing participants to immediately translate theory into practical application within their own professional contexts.

Organisational Impact

The Organisation will have the following benefits:

  • Enhanced project success and delivery rates.
  • Proactive identification of operational threats.
  • Improved decision-making under uncertainty.
  • Strengthened safety and compliance culture.
  • More efficient allocation of risk budgets.
  • Increased overall organisational resilience.

Personal Impact

At the end of this training course, the participants will gain the following:

  • Mastery of a structured risk framework.
  • Enhanced critical thinking and problem-solving skills.
  • Increased confidence in managing uncertainty.
  • Practical tools for immediate workplace application.
  • Improved career advancement and recognition.
  • Ability to influence strategic decisions with data.

Who Should Attend?

This training course is suitable for professionals in any sector who are responsible for identifying, assessing, or managing risk within their projects or organisation. It is particularly beneficial for those who need to make critical decisions in high-stakes environments.

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Project and Operations Managers.
  • Risk and Compliance Officers.
  • Maintenance and Reliability Engineers.
  • Finance and Facilities Managers.
  • Technical Managers and Supervisors.

Course Outline

Day 1

Foundations of Proactive Risk Management

The Universal Principles of Organisational Risk

  • Introduction to Risk Management: Pros and Cons.
  • Practical experience with risk assessment in various industries.
  • Risk Management at various levels of an organisation.
  • Business Risks vs. Technical Risks vs. Implementation Risks.
  • Methods to increase company-wide awareness and senior level support.
  • Risk Management throughout a project life cycle.
  • Introduction to High Reliability Organisations (HROs).
Day 2

Critical Thinking & Root Cause Analysis

Essential Skills for Identifying and Solving Problems

  • What is Critical Thinking and how to use it?
  • 9 essential patterns for more advanced critical thinking.
  • Resourceful thinking and decision-making.
  • Overview of Root Cause Analysis techniques.
  • Analysing problems from a systemic perspective.
  • Creating robust Risk Registers.
  • The Risk: Reward decision model.
Day 3

The Risk Management Process & Identification

The Risk Management Wheel and Identifying Risks

  • Proactive risk management process.
  • The Risk Management Process Wheel.
  • Risk Management Planning and identification.
  • Risk identification tools & techniques (e.g., Brainstorming, Checklists).
  • The Risk Matrix and Decision Making Grid (DMG).
  • Introduction to Criticality Analysis for different assets.
  • Learning from major failures in different industries.
Day 4

Risk Analysis & Response

Analysing and Responding to Risks

  • Qualitative Risk Analysis.
  • Quantitative Risk Analysis (QRA) principles.
  • Introduction to Fault Tree Analysis (FTA).
  • Risk response planning strategies.
  • Building a Risk Management Plan.
  • Calculating a risk management budget.
  • Opportunity assessment and risk monitoring.
Day 5

Reporting, Communication & Case Studies

Reporting, Communication, and Practical Application

  • Effective reporting of risk management outcomes.
  • What makes a good (and a bad) report?
  • Risk evaluation and report creation.
  • Case Study: Applying risk management to a generic business scenario.
  • Case Study: Applying risk management to an Oil & Gas project.
  • Project execution risk assessment.
  • Final review and action planning for the workplace.

Certificate

On successful completion of this training course, Oxford Management Centre Certificate with eligible Continuing Professional Education credits (CPE) from National Registry of CPE Sponsor will be awarded to the delegates

Accreditation

NASBA

In association with

GLOMACS Training & Consultancy
GLOMACS Training & Consultancy
Visit Website
PetroKnowledge
PetroKnowledge
Visit Website
The Complete Course in Risk Management: Risk Assessment & Risk Management
Duration
5 Days
Format
Classroom
Language
English
Certificate
Yes
Choose the date and location that suits you:
Classroom Sessions
London
13 - 17 Jul 2026
Fee: $ 5,950
Book your place
Related Category

Related Courses

FREQUENTLY ASKED QUESTIONS

Yes, we provide assistance in securing both hotel reservations & entry visa on all our international training venues, for delegates attending our training courses. For further information / assistance, please contact our Customer Service at:

Yes, Oxford Management Centre is accredited by the following professional bodies;

National Association of State Board of Accountancy (NASBA)
The Oxford Management Centre is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit.

Yes, discounts are available. For further information please call +971 50 985 0174 or email, info@oxford-management.com

Note: Discounts are not applicable with any other special offer that may be available.

All course bookings made through Oxford Management Centre are non-refundable. By registering for a course, you acknowledge and accept that fees are payable in full and are not subject to refund under any circumstances, including but not limited to participant dissatisfaction, changes in personal or professional circumstances, or partial attendance.

Oxford Management Centre reserves the right to make reasonable adjustments to course content, trainers, or schedules where necessary, without entitling delegates to a refund. Full details of each course – including objectives, target audience, and content – are clearly outlined prior to enrolment, and it is the responsibility of the delegate to ensure suitability before booking.

There are 2 easy ways to register:

  • Online: Select the training course you want to register for, Click the “Book Your Place” button on the course page, complete the form and click submit.
  • E-mail: Send your details to info@oxford-management.com

We request that all cancellations be made at least one week before the class start date. You may reschedule this class without any penalty. If not, a $250 fee will be charged for cancellations received less than one week before a class begins and for no-shows. Cancellation penalties and any fees incurred by Oxford Management Centre will be deducted from refunds.

For more information request, email info@oxford-management.com or call +971 50 985 0174.

The classroom training fees include course presentation, relevant materials, physical & digital documentation, lunch and refreshments served during entire training. Accommodation and transportation are not included in the training course fees.

While, online training fees cover the course presentation and digital documentation and relevant materials.

The Oxford Management Centre Certificate of Completion with corresponding CPE credits shall be awarded to delegates who has successfully completed the training course.

Payment must be received before the training course commences. You can make payment by bank draft, cash, credit card or wire transfer.

Note: If the payment is not received, Oxford Management Centre has the right to refuse admission.

Upon receipt of your registration form, we will send you the following by e-mail:

  • Registration Confirmation
  • Invoice/Receipt (where appropriate)

If you register online you will receive an e-mail within 24 hours confirming your registration.

OMC Training
Oxford Management Centre
Typically replies within an hour
Olivia
Hi there 👋
My name is Willow. Please tell me how I can assist you..
21:06