Risk Management and Reliability Engineering for the Utility Sector

On successful completion of this short course you will be able to:

• Summarise the context of risk governance in the utility sector and explain organisational structures for risk management; relating these to corporate objectives, eg license to operate
• Exemplify strategic, tactical and operational risk in the water, wastewater or waste sector and their significance for a modern water utility
• Identify and select from key risk analysis tools and techniques appropriate to a range risk problem under study; be confident about the rules for selecting risk techniques and what level of decision support they can realistically provide
• Undertake reliability analysis calculations, understanding and calculating MTTF/MTBF/MTTR to obtain availability
• Identify critical control points and devise risk management strategies for managing risks to and from engineered systems; relating these to the development of water safety plans - the key process for ensuring preventative risk management in the sector
• Devise risk governance structures and debate key risk management competencies for individuals, organisations and specialists; recognising core features of a 'risk mature' organisation
• Scope out and critically evaluate environmental risk assessments in the context of regulatory permitting – sitting, operations and discharge.