Paul Casto, CMRP, CMRT, Industry Principal, SMRP Chair, GE Digital
Central to an organization's success in is risk management. Risk must be identified, quantified, mitigated, and managed. This session provides an overview of risk, along with practical tools and processes, that you can use to management risk. The principles of risk management and the risk management process including the following topics: risk governance, establish the context, risk identification, formatting risk as Trigger=>Event=>Impact, categorizing risk, risk analysis techniques, risk matrix, risk evaluation, risk level, risk register, risk treatment plans and monitoring and review techniques will be discussed. Class exercises will be used to make this session practical and interactive. The attendees will leave the presentation will a working knowledge on how to apply the ISO 31000 risk management principles and framework, as well as the practical application of tools for asset criticality, estimating risk, and building a risk register
Topic: Business and Management
Audience Level: Intermediate
Half day (four hours)
Thursday, October 20
8:00 AM - 12:00 PM
Location: Room 305A