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Comprehensive Risk Management: Combining Quantitative Risk Assessment (QRA) and Barrier Risk Management (BRM)

Delivery: Classroom, Face-to-face or Virtual

Duration: 3 days

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Open course registration available NOW for groups or individuals

Date

22nd-24th October

Cost

£999.00 + VAT per person

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Delivery

Virtual tutor led via Microsoft Teams

Language: English

Duration

3 days

9am – 5pm UK Time

Key learning outcomes

Master the Fundamentals of QRA

Understand the principles of Quantitative Risk Assessment, including probabilistic risk analysis, failure mode effects analysis (FMEA), and the use of statistical models to quantify and prioritise risks.

Implement Barrier Risk Management (BRM)

Gain expertise in identifying, evaluating, and managing barriers that prevent or mitigate risks. Learn to apply the Bowtie method to visualise and manage barriers effectively.

Integrate QRA and BRM for Optimal Risk Management

Learn how to combine QRA and BRM to develop a comprehensive risk management strategy that is both quantitative and proactive. Understand the interplay between assessing risks and implementing barriers.

Apply Industry-Specific Case Studies

Engage with real-world case studies from industries such as energy, aerospace, and transportation to see how QRA and BRM are applied in practice. Learn from both successes and lessons learned in high-risk environments.

Develop Actionable Risk Management Plans

Leave the course with the skills to create and implement actionable risk management plans that can be tailored to your organisation’s needs.

This course is delivered in partnership with Synergen OG.

Who should attend?

This course is aimed at anyone with a strong desire to develop their understanding of quantitative risk assessment process safety and personnel at all organisational levels with an emphasis on operational/maintenance supervisors, facilities engineers, design personnel and workforce members with responsibility for site safety.

Course content overview

1

Introduction to Quantitative Risk Assessment (QRA)

  • Basics of risk assessment and analysis
  • Statistical tools and techniques for QRA
  • Probabilistic risk analysis and its applications

2

Principles of Barrier Risk Management (BRM)

  • Identifying and categorising barriers
  • The Bowtie method for visualising risks and barriers
  • Techniques for maintaining and improving barriers over time

3

Integrating QRA with BRM

  • How QRA informs BRM decisions
  • Developing comprehensive risk mitigation strategies
  • Case studies: Successful integration of QRA and BRM in various industries

4

Case Studies and Applications

  • Industry-specific examples from energy, aerospace, and transportation
  • Lessons learned from past incidents and near-misses
  • Group exercises on risk management scenarios

5

Developing and Implementing Risk Management Plans

  • Creating actionable, data-driven risk management plans
  • Tools for monitoring and reviewing risk management processes
  • Best practices for continuous improvement
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