Introduction to Basic Risk Assessment

This course provides a overview of general risk assessment including health, safety and environmental risk. While risk assessment and the related topics of contingency planning and management of change are covered in our API Specifications Q1 9th Edition and Q1, the risk-based approach and risk-based thinking required by those Specifications relates primarily to the risks within a quality management system that could lead to the delivery of non- conforming products or services and non-productive time. This course will help you understand how to identify and assess risks in a systematic manner. There are several real world examples shown of the consequences of risks such as explosions leading to loss life and property.

 

Module 1: Introduction to Risk Assessment (10 minutes to complete)

The instructor, Dwight Goldman, introduces himself and describes his extensive background in risk assessment in the oil and gas industry. Dwight is an engineer who has worked in oil fields all over the world in very challenging environments, and is a recognized expert in risk assessment and management. Dwight then gives and over of the course, the topic and how to navigate through the course.

Module 2: Why do risk assessment? (10 minutes to complete)

This module describes many of the organizations around the world that require you to assess and manage risks systematically. But in addition to the requirements, it is simply the right thing to do to protect your employees, your assets, your shareholders, the public, and the environment.

Module 3: Risk Assessment Requirements (10 minutes to complete)

This module describes many of the organizations around the world that require you to assess and manage risks systematically. But in addition to the requirements, it is simply the right thing to do to protect your employees, your assets, your shareholders, the public, and the environment.        

Module 4: Hazards (22 minutes to complete)    

This 2-part module will take you through a deeper dive on the first step in assessing and analyzing risks which is identifying and classifying the hazards present in your organization. Each of the categories of hazards is described with examples.  Real world examples of disasters are presented with discussion about the hazards that were present, which if properly mitigated, would likely have prevented the disaster from occurring.

Module 5: Consequences (11 minutes to complete)                

This module uses real world examples to show the consequences of hazards that were present in the videos covered in the last module.

Module 6: Safeguards (6 minutes to complete)                

Safeguards help prevent hazards from manifesting themselves and causing harm or damage. This module uses the videos from the previous modules to look at safeguards that were recommended that would have saved lives and property.

Module 7: Likelihood (8 minutes to complete)                

In this module you will learn how to assess the likelihood that a hazard will result in an accident by looking at the safeguards that are in place.

Module 8: Identifying Risk (16 minutes to complete)                

In this module you will learn how to develop a risk matrix to assess risk. The matrix helps you analyze the intersection of likelihood and severity of consequence. The videos from the previous lessons are used as examples.

Module 9: Additional Mitigation Actions (7 minutes to complete)                

If the Safeguards already in place are not sufficient to mitigate risks to acceptable levels additional mitigations must be evaluated. This module again uses the refinery explosion video to review additional mitigation actions that were not implemented, leading to the accident.

Module 10: Documentation and Summary (5 minutes to complete)                

The final step in the risk assessment process is documenting the process. This establishes a permanent record and establishes accountability for implementing necessary risk mitigation actions.

TIEC recommend 2-4 hours to complete the course. It can be completed a lesson at a time or in one sitting. The participant will have access to the course for 365 days from the purchase date to complete the course and refer to it later for review.

The online final exam should be taken after all the lessons are viewed and the quizzed have been completed. The assessment consists of a variety of question types. The participant must attain a score of 70% or above to pass and they will have two attempts to pass. If the participant fails both attempts they will not receive a certificate of completion.

If the participant is successful in attaining 70% or above in either their first or second attempt of the final assessment they will receive a printable certificate of completion from TIEC.

Participants can purchase access to the online course from TIEC Online Academy. Once payment is made, an email will be sent with a link to the Learning Management System, along with a personal username and password.

The course price is $250 including tax. Modules cannot be purchased individually. If you are interested in educational or corporate licensing please contact us directly here.