Training Course: Risk Management & Effective Internal Audit

Introduction

Environmental Management Systems are based on a proactive process for incidents prevention as well as reactive monitoring of performance. Risk assessment is required to be applied to all activities that impact on health & safety, production, asset, environment, and the Company reputation, also this course goes beyond the boundaries of risk assessment and management it helps the participants to create a knowledge in the effective techniques of internal audit.

Objective

• Learn how to evaluate different types of risk 

• Develop the skills of applying advanced risk assessment techniques relevant to the process industry

• Develop a strategy for planning and implementing risk reduction action plans

• Appreciate the contribution of human error to accidents

• Be able to apply advanced techniques for root-cause analysis for incidents

• Define internal auditing and internal control

• Identify “high-risk” processes—and build control systems that mitigate the risk

• Develop control-based internal auditing recommendations that truly help management meet tactical and strategic objectives

• Audit Evidence and Audit Sampling

Target Audience

• Risk managers & project managers.

• Members of project offices, project sponsors.

• Functional managers, senior management

• individuals interested Risk Management and Internal Audit

Outlines

Day 1

Quantified Risk Assessment ‘QRA’

• Failure Modes & Effects Analysis ‘FMEA’

• Decision trees and Event Tree Analysis ‘ETA’

• Sources of failure data

• Fault Tree Analysis ‘FTA’

• Quantification of ETA and FTA

• Evaluation of Individual and Societal Risks

Day 2

Advanced Incidents Investigation Techniques

• The human contribution to accidents

• The role of root cause Analysis in identifying management system failures

• Accident investigation techniques

• Latent failure and root causes for incidents

• Techniques for root-cause analysis

Day 3

Internal Auditing and the Business Environment

• Define Internal Auditing

• Identify the Components of an Effective Internal Audit Function

• Define Management Responsibilities of an Internal Audit Function

• Define the Various Types of Internal Audits

• Define Alpha and Beta Audit Risk

• Perform Compliance, Substantive, and Operational Tests

• Calculate Audit Risk

• Discuss the Basic Concepts of Audit Evidence, and their Impact

Day 4

Planning and Conducting Successful Audit Interviews

• Plan Interviews

• Discuss a Framework for Planning, Conducting and Evaluating the Results of Interviews

• Overcome Resistance

• Manage Conflict with Management

• Listen Effectively

• Talk Effectively in a Non-Threatening Environment

• Get to "Yes"

• Understand the Nature of Confidentiality of Information

Day 5

Promoting a positive safety culture

• Introduction to Safety Culture

• Techniques for improving safety culture

• Measuring improvements in safety culture

• Integrating safety culture within the HSE Management System