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Collaborative, Interactive and Relevant Training for the Energy Industry
 
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COURSE INFORMATION
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Quantifying Risk and Making Decisions Without Bias
Type:
Training Course

Length:
1 Days
CEU:
0.8
PDH:
8

Fee:
$895 CAD

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Upcoming Sessions
Location:
Live - Online Training

Date:
Monday, October 31, 2022
8:30 AM - 4:30 PM
Register before October 7th and receive $50 off! Use the discount code Early Bird.
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Course Description
This highly interactive one-day course is designed for leaders, team members, and anyone who needs to assess risk and make decisions. Too often these two activities are based on subjective bias and not objective facts. This course will discuss the bias that we all have and present methods to assess risk and make decisions as a team with minimal bias to obtain the best possible results.

The methods of facilitated risk assessment using risk matrices and fault tree analysis will be explained and both methods practiced in the classroom.

Methods to mitigate risks will also be discussed including Independent Protection Layers (IPL) and the LOPA process. In addition, this will cover Safety Instrumented Function (SIF) and Safety Integrity Levels (SIL).

The Hazard and Operability (HAZOP) methodology will also be covered.

A structured and quantified method of making decisions will be taught and practiced based on the Kepner Tregoe Method.

A complete set of course materials is included in the Quantifying Risk and Making Decisions Without Bias course.
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Who Should Attend
Anyone who must identify, quantify and mitigate risks or help to make important decisions but lack the tools and knowledge to do so.
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