Application of Risk Management and its Mitigation Process

 

Date(s):
Wednesday & Thursday,
1 & 2 October 2025		 Register:
Send your queries to training@aais.org.sg 
Time:
9am – 5pm (UTC +8)		 Closing Date:
One week before course date.
Venue:
401 Macpherson Road
#03-16/17 Macpherson Mall
Singapore 368125		 Fees:
AAIS Member: S$600.15/pax w/GST
Public: S$664.90/pax w/GST
Fees reflected are inclusive of 9% GST (in 2024).

About the Course:
This course is to equip and prepare the participants on skills and knowledge to take on Risk Management and its Mitigation. It illustrates commonly used risk-identification and risk-reducing methods. Through examples, it shares practical applications implementing tools described by several of the recently enacted or updated standards. Through quizzes, and case studies, the instructor explains how to identify and analyse product and process hazards, how to evaluate the possible level of risk, and ways to creatively brainstorm on mitigating the risks, for FMEA’s, but also Force Field Analysis, SWOT analysis, and Fault Tree Analysis.

Special Note
GR&R Training Course: GR&R Studies is an integral part of ISO/ IEC 17025 Standard. Refer to Clause No.: 5.4.6: Estimation of Uncertainty of Measurement & Note 3: Emphasise the understanding of ISO 5725-2: Basic Method for the Determination of Repeatability and Reproducibility of a Standard Measurement.

Who Should Attend?
Managers, Engineers, Technicians, and Professionals focusing in the development and manufacture of devices. Those in quality assurance, product or process development. or manufacturing who are involved in the identification and management of product and process risks. Quality personnel, production personnel, engineering personnel, auditors who will be involved in auditing the risks.

Course Content:
  • Introduction to Risk Management
    – ANSI/ASSE Z690.2-2011: Risk Management Principles and Guidelines- ISO 31000:2009
    – Five Attributes to enhance risk management
    – The ISO 31000:2009 risk management process
    – Developing the Risk Management Framework
  • Management of the Strategic System Risks
    – Strategic system – Risk Management for Product/Process Excellence
    – Product Life Cycle Risk Management
    – Optimise Processes to Avoid, Eliminate, Precipitate, & Mitigates Risks
    –     What the cost- risk optimization point?
  • Tools and Methods for Identifying and Analysis of Potential Product Hazard
    – Perform Force field analysis
    – Perform SWOT analysis
    – Lean how Fault Tree Analysis is used to analyze coolant supplies system
    – Perform Failure Modes Effect Analysis (FMEA)
    – Lean the 14 Steps of the FMEA Process
  • Risk Management Methodology
    – Project Team Operational Risks
    – 4 Steps Risk Management Methodology
    – Risk Breakdown Structure
    – Risk Severity Matrix
    – Perform risk assessment
    – Risk Register and Risk Response Matrix
  • Selection and Application of Appropriate Risk Planning Tools/Techniques that will meet your Organisation’s Needs
    – Tools/Techniques for Risk Response Planning
*Note: AAIS reserves the right to adjust the course pricing and to re-schedule or cancel any course due to unforeseen circumstances, course commencement is subject to minimum class size requirements.
Jointly Organised By: