Fundamentals of Risk Management for Process Industry Engineers,

SECTION A – INTRODUCTION
1. Risk in the process industries
1.1 Introduction to risk in the process industries
1.2 What is risk?
1.3 Why is risk management so important?
1.4 What types of risk should engineers consider?
1.5 Case studies of engineering decisions
1.6 Summary

SECTION B – THE FOUNDATIONS
2. Fundamentals of risk management
2.1 Introduction to risk fundamentals
2.2 The risk management process
2.3 The risk language
2.4 A brief history of risk management
2.5 Two approaches of modern risk management
2.6 Case studies illustrating two approaches to risk management
2.7 Who is responsible for risk management
2.8 Summary

3. Professional practice
3.1 Introduction
3.2 What is professional practice?
3.3 What is a professional engineer?
3.3.1 Ethics
3.3.2 Competence
3.3.3 Performance
3.4 Obligations, accountabilities and responsibilities
3.4.1 Legal and regulatory obligations
3.4.2 Accountabilities
3.4.3 Responsibilities
3.5 Summary

4. Humans and risk
4.1 Introduction
4.2 The role of humans – risk analysers, controllers and perceivers
4.2.1 Risk perceivers
4.2.2 Risk analysers
4.2.3 Risk controllers
4.3 Risk communication
4.4 The human decision making process
4.4.1 Situation awareness
4.4.2 Decision making strategies
4.4.3 Performance
4.5 Summary

SECTION C – KEY RISK MANAGEMENT ACTIVITIES
5. Identify, assess and treat risks
5.1 Introduction
5.2 Establish the context
5.3 Risk assessment
5.3.1 Risk identification theory
5.3.2 Risk analysis theory
5.3.3 Risk evaluation, tolerable risk and ALARP
5.3.4 Risk assessment techniques and tools
5.3.5 The risk register
5.4 Risk treatment and management
5.4.1 Overview of risk treatment
5.4.2 Unwanted event identification
5.4.3 Selection and optimization of risk controls
5.4.4 Bowtie analysis
5.4.5 Management of controls
5.5 Summary

6. Monitor and review risk management
6.1 Introduction
6.2 Why perform event investigations?
6.3 Purpose and theory behind investigations
6.4 Incident investigation techniques and application considerations
6.4.1 Timeline
6.4.2 Five whys analysis
6.4.3 Fishbone
6.4.4 HFACs
6.4.5 Bowtie analysis
6.4.6 Accimap
6.4.7 SAfER
6.5 Integration of learning back into the business
6.6 Summary

SECTION D – THE OPERATIONAL RISKS
7. Safety & Health
8. Project Risk
9. Environmental & Social Risk
10. Supply Chain Risks

SECTION E – CLOSING
11. Achieving Sustainable Operational Excellence