Course Details

Your Growth, Our Mission

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.

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.

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.

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

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.

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

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 Action
HSE170-01
2026-04-12
Dubai
USD 5450
Register
HSE170-02
2026-06-21
Marrakesh
USD 5950
Register
HSE170-03
2026-09-28
Istanbul
USD 5950
Register
HSE170-04
2026-12-27
Dubai
USD 5450
Register

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