Operations, Risk Management and Mitigation

Effective risk management is crucial for any successful operation. It involves not only seizing opportunities and minimizing threats but also optimizing results. Unfortunately, risk management is often handled reactively or overlooked entirely.

In this Operations Risk Management and Mitigation training course, you will explore a proactive approach to managing both risks and opportunities. You will learn a proven 6-step methodology that covers risk planning, identification, analysis, and control.

This Anderson training course is designed to help operations teams and businesses accurately identify, quantify, and mitigate risks that could disrupt or derail their operations. The content is relevant for all industry sectors where operations are central to business success and require formal risk management strategies. The course is tailored for professionals responsible for the effective delivery and continuity of these operations.

The training is grounded in the latest PMBOK 6th Edition and incorporates the principles of ISO 31000:2009 (“Risk Management - Principles and Guidelines”) and ISO 31010:2009 (“Risk Assessment Techniques”).

By attending this Anderson training course, delegates will be able to:

• Develop an overview of the Risk Management Process
• Learn to identify risks that affect operational safety, time, cost and quality
• Apply useful techniques to identify, analyse and mitigate risks throughout the operations life-cycle
• Learn how to create an effective risk monitoring plan and risk management strategies
• Use a practical, six-step process to manage operations risks
• Develop a risk management budget based on Expected Monetary Value (EMV)