Risk Assessment and Risk Management for Oil and Gas Security Operations

Objectives: Security operation personnel need to use tried and accepted techniques for managing identified practical strategies for dealing with issues as they emerge.

Program Benefits: After completing this program, participants will:

• Identify threat and opportunities and weigh their relative value in a security operation
• Control multiple risks, using limited strategies
• Evaluate risk assessment and risk management in a security operation

Course Content 

A. Pros and cons. of risk management

• Practical experience with risk assessment and risk management in the oil and gas industry
• Risk management in a security operation
• Business risk versus technical risk

B. Risk management process wheel and identification of risk

• The proactive risk management process
• Risk management process wheel
• The risk register
• Risk management planning
• Risk identification
• Risk identification tools and techniques

C. Risk Analysis

• Qualitative risk analysis
• Quantitative risk analysis

D. Risk responses and managing risks

• Risk response planning
• Building a risk management plan
• Calculating the risk management budget
• Monitoring and reviewing

E. Reporting risk management outcome:

• Creating an oil and gas risk questionnaire
• Risk evaluation
• Risk evaluation report

1^st Batch

Date:  49^th – 13^th March 2020

2^nd Batch

Date:   20^th – 24^th July 2020

Venue: 4a Sawyer Crescent, Anthony, Lagos.

Fees:  N385,000 per participant