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Course Schedule
Classroom Sessions:
DateVenueFees
25 - 29 May 2025 Riyadh - Saudi Arabia $5,950
16 - 20 Jun 2025 Paris - France $5,950
28 Jul - 01 Aug 2025 London - UK $5,950
22 - 26 Sep 2025 Geneva - Switzerland $5,950
10 - 14 Nov 2025 London - UK $5,950
29 Dec 2025 - 02 Jan 2026 London - UK $5,950
02 - 06 Feb 2026 London - UK $5,950
30 Mar - 03 Apr 2026 London - UK $5,950
Online Sessions:

16 - 20 Jun 2025 Online $3,950
22 - 26 Sep 2025 Online $3,950
19 - 23 Jan 2026 Online $3,950
Course Description

INTRODUCTION

This Operational Risk Management and Mitigation Training course develops the understanding, skills, methods and behaviors required to proactively manage risk across your operations – helping ensure day-to-day operational continuity, as well as the long-term sustainability of your organisation. Based on a proven framework and introducing best practice techniques, this training course presents a pragmatic approach to balancing risk and reward in today’s world of technological innovation and global competition. This training course provides insight into Risk Governance as well as a systematic methodology to identify, quantify, and mitigate risks that threaten to disrupt or undermine your organisation.

This training course provides a deep understanding of the human, process, systems, and organisational causes of risk and how to minimize them, including insight into the psychology of risk prevention and the need to combat external threats. The training course will enable the delegates to examine their own operations and take steps to plan and manage risk within their workplace

This GLOMACS Operational Risk Management and Mitigation Training course will highlight:

  • The crucial role of Operational Risk Management in organisation sustainability
  • A best practice Framework and systematic approach to Risk Management
  • A six-step end-to-end approach to Operational Risk Management
  • Risk Governance and oversight
  • Fostering a culture of Risk Management
  • Case study examples of the successes and failures associated with Risk Management

Objectives

At the end of this Operational Risk Management and Mitigation Training course, you will learn to:

  • Appreciate the benefits of proactive Operational Risk Management
  • Construct an effective Risk Management Plan
  • Conduct Risk Identification and Risk Analysis
  • Plan a response to risk and take action to mitigate it
  • Implement an Operational Risk Management Framework within your organisation
  • Document, report and manage Operational Risk
  • Apply a systematic approach to Risk Management within your own operations

Training Methodology

The key to this Operational Risk Management and Mitigation Training course is hands-on experience of applying Operational Risk Management techniques to case studies and to live examples within participants’ own operations. To create an energetic and enjoyable learning experience, a variety of team-based activities, games, videos and discussions are also used to enable participants to grasp the end-to-end process of identifying and mitigating risk.

Organisational Impact

The main benefit of this Operational Risk Management and Mitigation Training course is to help organisations anticipate and mitigate risk inherent in all operations. Other benefits include:

  • Increased organisation sustainability
  • Enhanced operational continuity and efficiency
  • Enhanced management understanding of the dimensions of Risk Management
  • Enhanced management ability to plan for and control Operational Risk
  • Embedding of a systematic approach to Operational Risk Management
  • Greater buy-in to proactive Operational Risk Management from key stakeholders

Personal Impact

Participants will increase their confidence and ability to manage the risk inherent in their operations. Other benefits include:

  • Increased understanding of the components that make up a Risk Management Framework
  • Enhanced ability to apply systematic Operational Risk Management techniques
  • Enhanced ability to plan for, identify, analyse and control Operational Risk
  • Greater ability to gain buy-in to Risk Management from key stakeholders
  • Increase understanding of tools available to simplify Operational Risk Management
  • Enhanced understanding of the application and advantages of Risk Governance

WHO SHOULD ATTEND?

This training course is aimed at wide variety of operational professionals. Any manager with responsibility for running or supporting continuous and safe operations will find it beneficial.

This GLOMACS Operational Risk Management and Mitigation Training course is suitable to a wide range of professionals but will greatly benefit:

  • Senior Operations Managers
  • Risk Management Professionals
  • Operations Managers
  • Senior Team Leaders
  • Maintenance Managers, Engineers and Technicians
  • Operations Planners
Course Outline

DAY 1

The Foundations of Operational Risk Management

  • What is Risk and Operational Risk Management?
  • The Benefits of Operational Risk Management
  • The Operational Risk Management Framework
  • The 6-step Operational Risk Management Cycle
  • Enterprise Risk Management
  • Risk Identification Process
  • Risk Management Principles and Standards
  • Risk Assessment

DAY 2

Risk Management Methods

  • The Challenges of Risk Management
  • Operational Risk Management in the Corporate Structure
  • Probability and Statistics for Operational Risk Management
  • Risk Modelling
  • Failure Modes and Effects
  • Risk Measurement
  • Risk Maturity Level and Risk Appetite
  • Risk Response

DAY 3

Risk Governance

  • Risk Controls
  • Key Risk Indicators (KRIs)
  • Qualitative and Quantitative Risk Analysis
  • Risk Actions
  • Risk Reviews
  • Risk Governance – Three Lines of Defense
  • Risk Oversight, Documentation and Reporting
  • Project Risk Management

DAY 4

Implementing Operational Risk Management

  • Overcoming the Hurdles to Risk Management
  • Risk Management Communication
  • Setting a Risk Management Vision
  • Stakeholder Ownership of Risk Management
  • Instilling a Risk Management Culture
  • International Attitudes to Risk
  • Embedding Operational Risk Management

DAY 5

Integrating Risk Management into your Operations

  • Web-based Risk Management Tools
  • Integrating Risk Management into Your Operations
  • Top Tips for Successful Operational Risk Management
  • Review of Learning
  • Personal Action Planning based on Lessons Learned from Course
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
  • Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Providers and Associations

Endorsed Education Provider

  • Quality Logo

GLOMACS is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org

In Association With

PetroKnowledge

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

Visit website

Oxford Management Centre

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

Visit website

KC Academy

KC Academy

Our collaboration with KC Academy aims to provide the best training services and benefits for our valued clients

Visit website

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Frequently Asked Question:

How can I find out more information about a specific course?

For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.

Can I get a discount for group bookings?

Yes, GLOMACS offers special discounts for group bookings. If you’re planning to enroll multiple participants from your organization, please reach out to our team to discuss the available discount packages.

How are GLOMACS courses structured?

Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions, hands-on activities, and interactive Q&A sessions to maximize learning outcomes.

Will I receive a certificate upon completing a GLOMACS course?

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Does GLOMACS offer customized training for organizations?

Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.

How can I register for a GLOMACS course?

You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.

Who are the trainers at GLOMACS?

Our trainers are industry experts with years of practical experience in their respective fields. They bring real-world knowledge and insights into the classroom, ensuring that our participants receive top-tier, applicable skills and expertise.

Are GLOMACS training courses available online or in person?

GLOMACS offers both online and in-person training options. You can choose from interactive virtual sessions or attend one of our globally located in-person training courses. The flexibility ensures that learning fits your schedule and preferences.

What types of training courses does GLOMACS offer?

GLOMACS offers a wide range of professional development training courses across various industries, including Leadership & Management, Finance & Accounting, Human Resources, Engineering, Oil & Gas, Operations and Logistics, Engineering and Technical and more. Our training courses are designed to enhance career growth and organizational effectiveness.

What are the key benefits of attending a GLOMACS course?

Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability, industry-recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.

Why should I choose GLOMACS?

GLOMACS is a globally recognized leader in professional training and development, with a reputation for delivering high-quality, results-driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online and in-person), and accredited certifications that add real value to your career.

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