Loss Prevention and Risk Management in High-Risk Industries
Course Description
In high-risk industries such as oil and gas, chemicals, manufacturing, and construction, managing risk and preventing losses is critical to ensuring both safety and business continuity. The consequences of operational failures, accidents, or environmental damage in these sectors can be severe, making effective risk management essential for protecting people, assets, and the environment. This Loss Prevention and Risk Management in High-Risk Industries training course is designed to equip professionals with the knowledge, skills, and tools required to proactively assess and mitigate risks while implementing effective loss prevention strategies. The course will provide participants with an in-depth understanding of risk management principles and how to apply them to high-risk environments. It will cover essential topics such as hazard identification, risk assessment, safety program implementation, emergency response planning, and compliance with regulatory standards. Participants will also learn how to develop a strong safety culture within their organization, ensuring that all employees are engaged and committed to maintaining high safety standards. By the end of the course, participants will have the expertise to identify potential risks, prevent accidents, and manage incidents effectively, contributing to a safer, more efficient, and compliant work environment.
The Training Course Will Highlight ?

This training course will highlight:

    • Learn tools such as HAZOP, FMEA, and Fault Tree Analysis for identifying and evaluating risks.
    • Develop tailored loss prevention programs to protect assets and prevent operational disruptions.
    • Understand how to respond to emergencies and implement effective crisis management strategies.
    • Ensure adherence to industry regulations and standards to avoid legal penalties.
    • Learn how to foster a proactive safety culture across all levels of the organization.
Training Objective

At the end of this training course, you will learn to:

    • Understand Risk Management Fundamentals
    • Learn Hazard Identification and Risk Assessment Techniques
    • Implement Loss Prevention Strategies
    • Design Effective Safety and Risk Management Programs
    • Master Crisis Management and Emergency Response Plans
    • Ensure Compliance with Regulations and Standards
    • Conduct Incident Investigation and Root Cause Analysis
    • Promote a Safety Culture Across the Organization
    • Evaluate and Manage Organizational Risk Exposure

Also,

    • Apply key risk assessment tools (e.g., HAZOP, FMEA, FTA) for assessing potential hazards and mitigating risks.
    • Analyse past industrial accidents and case studies to understand the causes of incidents and how they could have been prevented.
    • Tailor strategies for specific industries, such as oil and gas, manufacturing, and chemicals, to reduce operational losses and ensure safety.
    • Gain knowledge of key regulations (OSHA, EPA, ISO 45001, etc.) and how they apply to risk management and loss prevention efforts in high-risk environments.
    • Conduct incident investigations, identifying root causes, and implementing corrective actions.

Target Audience

A course on Loss Prevention and Risk Management in High-Risk Industries is beneficial for individuals working in sectors where safety, compliance, and risk management are crucial. Ideal attendees include:

    • Safety Managers/Officers
    • Risk Managers
    • Health and Safety Officers.
    • Operations Managers
    • HSE (Health, Safety, and Environmental) Engineers
    • Environmental Managers
    • Compliance Officers
    • Incident Investigators
    • Engineers and Technicians
    • Executive Management

Training Methods

Participants in this training course will receive thorough training on the subjects covered by the training course outline with a highly experienced tutor utilizing a variety of proven adult learning teaching and facilitation techniques. This will include active participation during the training course using exercises and open discussion forums.  The videos shown will encourage further discussions and delegates are encouraged to bring forth and share their own experiences and issues from their organization.

Daily Agenda

Day 1: Introduction to Loss Prevention and Risk Management

    • Characteristics and challenges
    • Case studies of major industrial accidents
    • Risk identification and assessment
    • Hazard analysis techniques (HAZID, HAZOP)
    • Types of losses (financial, environmental, human)
    • Hierarchy of controls

Day 2: Hazard Identification and Risk Assessment (HIRA)

    • Qualitative and quantitative techniques
    • Bow-tie analysis, FMEA
    • Risk matrix development
    • Evaluating and prioritizing risks
    • International and local standards
    • Compliance requirements

Day 3: Risk Mitigation Strategies and Technologies

    • Process safety management (PSM)
    • Fire and explosion prevention
    • Permit-to-work systems
    • Standard operating procedures (SOPs)
    • Scenario planning and drills
    • Coordination with external agencies

Day 4: Loss Prevention Techniques and Best Practices

    • Inspection and maintenance strategies
    • Predictive and preventive maintenance
    • Behavioural safety programs
    • Training and competency development
    • Tools and methodologies (5 Whys, fishbone diagram)
    • Reporting and learning from incidents

Day 5: Crisis Management and Business Continuity

    • Roles and responsibilities
    • Communication strategies during crises
    • Risk assessment for business impact
    • Recovery strategies and contingency plans
    • Review of key concepts
    • Group case study and presentations
Accreditation

BTS attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.

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Course Rounds : (5 -Days)


Code Date Venue Fees Register
HSE170-01 12-04-2026 Dubai USD 5450
HSE170-02 21-06-2026 Marrakesh USD 5950
HSE170-03 28-09-2026 Istanbul USD 5950
HSE170-04 27-12-2026 Dubai USD 5450
Prices doesn't include VAT

UpComing Date


Details
  • Start date 12-04-2026
  • End date 16-04-2026

Venue
  • Country UAE
  • Venue Dubai

Quality Policy

 Providing services with a high quality that are satisfying the requirements
 Appling the specifications and legalizations to ensure the quality of service.
 Best utilization of resources for continually improving the business activities.

Technical Team

BTS keen to selects highly technical instructors based on professional field experience

Strengths and capabilities

Since BTS was established, it considered a training partner for world class oil & gas institution

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