Overview
This course provides focused training in risk-informed choices under operational and project uncertainty. It addresses practical requirements encountered in technical, maintenance and project management decisions. Participants explore the technical principles behind reliable decision-making and day-to-day execution. The learning experience uses relevant field examples, guided exercises and technical discussions. The program is intended for engineers, technical specialists, supervisors and related operational personnel. Content depth, case studies and delivery methods can be adapted to the client’s equipment, priorities and participant experience.
Objectives
By the end of the program, participants will be able to:
- Structure decisions around objectives, alternatives and risks.
- Differentiate uncertainty, likelihood and consequence.
- Apply risk matrices and decision analysis tools.
- Evaluate controls, trade-offs and residual risk.
- Document assumptions and decision rationale.
- Communicate risk-based recommendations to stakeholders.
Course outline
Decision framing
- Objectives
- Stakeholders
- Alternatives
- Decision criteria
Risk identification
- Threats and opportunities
- Scenario analysis
- Uncertainty sources
- Dependencies
Assessment methods
- Risk ranking
- Decision trees
- Sensitivity analysis
- Expected outcomes
Choosing controls
- Prevention
- Mitigation
- ALARP concepts
- Residual risk
Governance
- Decision records
- Escalation thresholds
- Monitoring
- Case discussions
Customised for your team
After you accept the proposal, an online customisation session adapts content, examples and exercises to your participants, standards and equipment.