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RISK MANAGEMENT
Please see our Risk
Options section.
This course is only available as
a two day course comprising Error Theory in
addition to Risk Management. The course takes as its baseline the Six
Dimensions of Risk. The course is intended for social care Management and
Conference Chair personnel. It is not suitable for unqualified or
inexperienced workers
Learning Aims are to
teach the requirements leading to:
- MAXIMISE
EXPECTED VALUE OF RISK TAKING VIA OPTIMAL AND BEST VALUE OUTCOME ANALYSIS
COMPARED WITH NON-INTERVENTION OUTCOME ANALYSIS
- DISMISS EXTREMELY REMOTE
POSSIBILITIES
- LOSSES & GAINS ANALYSIS
- DECISION TREE ANALYSIS
- PRIORITISATION
OF RISK VIA RISK ESTIMATION
- ENSURE
MINIMISATION OF UNCERTAINTY WITH REGARD TO:
-
·
Uncertainty of
Probability (P undetermination - Quality of Analysis)
-
·
Uncertainty of Result
Value (R undetermination - Quality of Analysis)
-
·
Uncertainty of
Outcome (O undetermination - Quality of Analysis)
- MINIMISATION
OF “P, R AND O” UNCERTAINTY TO BE ACHIEVED BY ENSURING EFFECTIVE
ESTIMATION, ANALYSIS, ASSESSMENT & EVALUATION OF RISK SITUATIONS
- THROUGH
PROPER OUTCOME BASELINING AND REVIEW ENSURE EFFECTIVE EVALUATION OF RISK.
- UNDERSTAND
THE NATURE OF ORGANISATIONAL RISK.
- UNDERSTAND
THE NATURE OF JUDGEMENT ERROR.
- MINIMISE
CATASTROPHIC POSSIBILITIES VIA ERROR THEORY ANALYSIS.
- MAXIMISE
ELIMINATION OF UNACCEPTABLE RISK THROUGH ERROR THEORY ANALYSIS OF
ORGANISATIONAL, GROUP AND INDIVIDUAL JUDGEMENT BEHAVIOUR.
Underlying
requirements are understanding of outcome formulation
and risk dimensions.
See also the Osiris
Decision-Making course.
         
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