Getting Started

• Pro’s and con’s of risk management
• Practical experience with risk assessment & risk management in various industries
• Risk Management throughout a project life cycle
• Methods to increase company-wide awareness, understanding & senior level support
• Risk Management at various levels of an organization
• Business Risks vs Technical Risks vs Implementation Risks

The Risk Management Process Wheel & Identifying risk

• Proactive Risk Management Process
• The risk management process wheel
• The risk register
• Risk Management Planning
• Risk Identification
• Risk Identification tools & Techniques

Risk Analysis

• Qualitative Risk Analysis
• Quantitative Risk Analysis

Risk Responses & Managing Risks

• Risk Response planning
• Building a Risk Management Plan
• Calculating risk management budget
• Monitoring & Reviewing
• Opportunity Assessment
• Project Execution Risk Assessment

Reporting Risk Management Outcome

• Creating an Oil & Gas Risk Questionnaire
• Risk evaluation
• Risk evaluation report
• Course evaluation