This workshop provides participants with the knowledge and skills, and a consistent framework for making informed decisions on risks. The risk management process taught is based on the Q850 process developed by the Canadian Standards Association, involving seven steps: initiation, preliminary analysis, estimating risk, evaluation of the risk activity, controlling risk, taking action, and monitoring impact.
Depending on the detail required from the community this workshop can be anywhere from 1-3 days in duration.
Key Learning Objectives
- Provides a visible and consistent process for making decisions involving risk
- Helps decision makers show due diligence to the organization and its clients
- Creates the expectation that decisions are well thought out and documented
- Helps accelerate implementation of decision by anticipating hazards
- Creates a culture of in-depth decision making and allows for emergencies
- Involves stakeholders in the risk decision to participate in a meaningful way
- Fosters the development of best practices in decision making