A PMI Approved Training Course
Operations, Risk Management and Mitigation
Ensuring Smooth Operations Through Strategic Risk Planning and Control
Upcoming Sessions
Course Introduction
Effective risk management is no longer optional—it’s a strategic necessity for any organization that aims to operate smoothly while maximizing opportunities. Poorly managed risks can lead to operational disruptions, financial losses, or compromised safety. Yet, many organizations still approach risk management reactively, missing chances to prevent issues before they occur.
This Operations Risk Management and Mitigation Training Course focuses on building a proactive approach, equipping participants with practical strategies to identify, assess, and mitigate risks across all operational processes. Through an interactive six-step methodology, attendees will gain expertise in risk planning, identification, analysis, response, and monitoring, all tailored to real-world operations.
This training course is ideal for professionals across industries where operations drive success. Participants will learn to anticipate threats, capitalize on opportunities, and maintain continuity in complex operational environments. It also draws from the latest PMBOK 6th Edition and the international standards ISO 31000:2009 and ISO 31010:2009, ensuring a modern, structured approach to operational risk management.
Key features of this course include:
- Comprehensive Risk Management Planning and Integration
- Understanding Operations Context and Risk Boundaries
- Systematic Risk Identification Techniques
- Risk Analysis & Evaluation for Informed Decisions
- Risk Response Planning, Implementation, and Control
- Hands-on Applied Operations Risk Simulation
Training Objectives
This Operations Risk Management and Mitigation Training Course equips participants to proactively manage operational risks, safeguarding both processes and outcomes. By the end of the course, attendees will have the knowledge and skills to systematically identify, assess, and mitigate risks throughout the operations lifecycle.
Participants will be able to:
- Understand the complete Risk Management Process from planning to control
- Identify risks affecting operational safety, cost, schedule, and quality
- Apply effective techniques to analyze and mitigate operational risks
- Develop risk monitoring plans and strategies to maintain operational continuity
- Implement a structured six-step approach for managing operations risks
- Calculate risk-related budgets using Expected Monetary Value (EMV) principles
This training provides a practical, actionable framework that ensures participants leave with skills ready to apply immediately in their operational environments.
Training Methodology
The training methodology blends theoretical foundations with practical skill-building exercises, ensuring participants can apply concepts directly in real-world operations. Concepts are explained through interactive lectures, providing clear frameworks for understanding risk management processes.
Hands-on exercises, group discussions, and case studies allow participants to practice risk identification, assessment, and mitigation in a controlled environment. Participants also engage in simulated operational scenarios, enabling them to test and refine their strategies. This combination of structured theory and practical application ensures that attendees not only understand risk management principles but can implement them effectively in their day-to-day operations.
Who should Attend?
This training course is designed for professionals directly involved in operational activities, ensuring they can identify and manage risks that impact facility safety, efficiency, and continuity. The course is suitable for personnel across industries where operational reliability is critical.
Ideal participants include:
- Operations team leaders, supervisors, and section heads
- Business and operations professionals interested in risk management
- Maintenance managers, engineers, and technical staff
- Technical professionals involved in operations start-up, maintenance, or shut-down
- Administrative, procurement, and support staff engaged in operations
- All personnel responsible for executing operational work safely and efficiently
Attendees will leave the course with a clear understanding of operational risk management principles, tools, and strategies that can be applied immediately to enhance safety and performance.
Course Outline
- Overview of the Six Risk Management Processes
- Objectives and Advantages of Risk Management
- Roles and Responsibilities in Risk Management
- Incorporating Risk Management into Operations Management
- Planning for Risk Management
- Risk Planning Methodology
- Understanding Operations Context and Stakeholders
- Inputs for Risk Identification
- Tools and Techniques for Identifying Risks
- Identification of Consequential Risks
- Outputs of the Risk Identification Process
- Practical Exercises on Risk Planning and Identification
- Estimating Techniques for Operations and Maintenance
- Scheduling Diagrams Using Critical Path Method (CPM)
- Program Evaluation and Review Technique (PERT)
- Qualitative Methods for Risk Analysis
- Quantitative Methods for Risk Analysis
- Risk Assessment Practical Exercises
- Risk Prioritization Methods
- Guidelines for Risk Response Strategies
- Strategies for Managing Threats and Opportunities
- Planning and Analysis of Risk Responses
- Evaluating Alternative Responses and Validating Strategies
- Practical Exercises in Risk Response Planning
- Guidelines for Risk Control
- Inputs Required for Risk Control
- Tools and Techniques for Controlling Risks
- Outputs of the Risk Control Process
- Risk Reporting and Documentation
- Risk Management Simulation Exercises
Accreditation
Certificates
- Copex Certificate of Attendance will be provided to delegates who attend and complete the course.
Material published by Copex shown here is copyrighted. All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.
COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.
Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.
Frequently Asked Questions
This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.
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Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.
Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.
The training course fee can be settled by either:
- Bank transfer
- Credit Card
Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.
Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.
Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.
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