Risk assessment provides a structured basis for offshore operators to identify hazards and to ensure risks have been to reduce to appropriate levels in a cost-effective manner.
According to International Maritime Organization (IMO), risk is the “combination of the frequency and the severity of the consequence”, thereby articulates two components of the likelihood of occurrence and the probability of severity of the (un)predictable consequences.
The marine risk assessment and management will help to evaluate hazards, then remove that hazard or minimize the level of its risk by adding control measures, as necessary.
1. To gain a better understanding of the philosophy behind risk management as per ISO 31000.
2. To get an overview on the various methods used to conduct risk analysis, risk assessment and risk management process.
3. Able to evaluate hazards, then remove that hazard or minimize the level of its risk by adding control measures, as necessary.