Risk Assessment & Risk Management

June 24, 2021

The shipping industry, by its very nature, is a highly risky business and is not 100% accident or incident free. To reduce accidents, incidents and subsequent claims, the shipping industry needs to move forward utilizing risk based management techniques.

Introduction

The shipping industry, by its very nature, is a highly risky business and is not 100% accident or incident free. To reduce accidents, incidents and subsequent claims, the shipping industry needs to move forward utilizing risk based management techniques. Making the identification of hazards and risks a part of the daily work routine is vital for the overall health of the shipping business. Providing a safe workspace is a non-negotiable requirement for every stakeholder in the shipping industry.

The aim of this course is to have a thorough understanding on how the workplace hazards could be identified in a structured manner.  This course also provides adequate working knowledge of Risk Assessment and Risk Management techniques to the candidates to enable them apply the acquired knowledge to all aspects of day-to-day shipboard operations thereby ensuring a safe and efficient working environment on board. On successful completion of this course the candidates will acquire the required knowledge and skills to develop a practical risk management implementation plan for the organization which identifies specific actions to be taken and the time for their completion in compliance with the Risk Management Code of Practice.

Key Points

  • Definitions Related To Risk
  • Basics of Risk Assessment
  • Hazard Identification
  • Frequency Assessment Methods
  • Consequences Assessment Methods
  • Risk Evaluation and Presentation
  • Conducting a Risk Assessment
  • Benefits of Risk Assessment Application
  • Risk Management Process

Benefits

This course will equip the participants with the ability to:

  • Readily identify risks and hazards
  • Revise and update control measures as appropriate
  • Understand accident report fundamentals
  • Recognize different risk management techniques
  • Be able to describe and sketch out a disaster recovery plan
  • Communicate risk management strategies effectively to the organization

Course Details

Course Duration: The course duration is thirty (30) hours spread over five (05) days from Sunday to Thursday, 0800 hours to 1500 hours with one-hour break for lunch

Attendance:  100 % attendance is required

Assessment: Written assessments comprising subjective questions as well as MCQ’s with 60% passing marks

Entry Requirements: The basic requirement for taking up this course is a minimum of twelve (12) years of structured education or Advanced Level (A ‘Level) or equivalent standard of education.

Accreditation:  None