February 22, 2024 | Mark Paradies

Risk-Based Decision Making

How To Make a Risk-Based Decision

Are your regulators asking for “risk-based decisions?” For example, the FDA requires a Quality Risk Management System. Do you know how to build the latest risk assessment/management techniques into risk-based decisions?

If you need to learn more about the latest risk assessment/management techniques and how to make (and document) risk-based decisions, then you should consider attending this pre-Summit course:

Risk Assessment and Management Best Practices


that is being taught by Australian risk management expert Jim Whiting.

When is the course being held? April 29-30.

Where is the course being held? At the beautiful Horseshoe Bay Resort near Austin, TX.

What’s included in the course? Read on to find out.

Risk Assessment and Management Best Practices Course Agenda

Day 1 (8:00 am to 5:00 pm)Day 2 (8:00 am to 5:00 pm)
• Class Introductions
• Overview of Risk Management RM
• RM – Purposes, Approaches and Methods Strengths and Limitations – the basis for a new HSEQ culture to demonstrate collaborative risk-informed decision-making
• How to establish/compare your RM System to conform/comply with RM requirements of Standards ISO 31000, ISO 31073, ISO 31010, ANSI Z10, ISO 45001
• Risk Communication and Consultation
• Risk & Opportunity Conversations – ROC Talk
• Neuroscience-based explanations of the variability of risk perceptions & risk-taking
• Risk Identification, including construction and use of Risk Scenario Maps (compare with SnapCharts®, BowTies & others)
• Exercise in Risk Mapping
• Lunch
• Risk Analysis – 3 levels of Risk Analysis -Qualitative / Semi-Quantitative / Full QRA
• Hierarchy of Risk Analyses
• How to make sure that the Matrix Method really works for you
• Full Quantitative Risk Analysis (QRA)
• Quantitative Logic Trees
• Fault & Event Trees & Bow-Ties
• Explain QRA methods of ANSI 31010
• Exercises in Risk Analysis
• Summary of Day 1 Topics
• Matching the RM methods and tools to specific risk questions and situations
• Risk Evaluation & Risk Owners
• Risk tolerability criteria and frameworks at all levels of personal/social/corporate/ industry/national/international
• Risk Treatment Plans- a contrast to Corrective Actions and Risk Controls
• Hierarchy of Risk Controls – HoRC, principles, and applications, Optioneering, and control effectiveness
• Risk Tolerability Treatment- principles and methods of choice
• Exercises in Risk Evaluation and Risk Treatment/Control /Mitigation
• Record / Monitor / Review
• Risk Registers
• Lunch
• Exercises with Attendees’ own examples
• Tips for facilitating a successful Risk Assessment
• Successes and Traps in Setting up RM systems and processes to conform/comply with ISO Standards
• Summary of the whole course
• Optional post-course exercise emailed to the presenter for feedback

Participants receive a USB stick of approx. 2 GB of ALL course handouts, copies of ALL slides, useful reference materials, and sample PPTX & PDF files accumulated and developed by the Presenter over the last 30+ years of RM consultancy & training.

REGISTER for the course only by CLICKING HERE.

The Instructor – Jim Whiting

Jim Whiting teaching Risk assessment/management best practices

Jim Whiting, international risk management expert and long-time TapRooT® Instructor, will teach this course. He was a contributing committee member who wrote the first international risk management standard, ISO 31000:2009 Risk Management – Guidelines. It is now the USA Standard – ANSI/ASSP/ISO 31000:2018 Risk Management – Guidelines and CAN/CSA/ISO 31000. But he knows much more than what’s in the risk management standard . . . and that’s what you need to learn.

The course is facilitated in a participative workshop format. Jim brings his risk management and root cause analysis experience and best practices from around the world (Australia/New Zealand, North America, Asia, Africa, and Europe) to this course. If you want to advance the quality of your risk assessments in ALL risk domains, particularly HSEQ, then attend and profit from this course.

Attend the Risk Assessment and Management Best Practices Course and The 2024 Global TapRooT® Summit and SAVE

The Risk Assessment and Management Best Practices Course is being held on April 29-30, just before the 2024 Global TapRooT® Summit (May 1-3). When you attend both, you SAVE $300 OFF the course price. For all potential discounts, see the figure below…

2024 discounts SAVE

What Is The Summit All About?

First, click on the picture below, and Alex Paradies will provide his explanation…


Next, explore the talks being given by our Keynote Speakers by CLICKING HERE.

Keynote Speakers

But the keynote talks are just the start. There are seven BEST PRACTICE TRACKS with 48 unique presentations, best practice roundtable discussions, success story sharing sessions, and a live podcast. CLICK HERE to see all the Best Practice Tracks.

See the complete Summit schedule at THIS LINK.

Download the eight-page Summit brochure by CLICKING HERE.

Register for our discounted hotel room rate at the Horseshoe Bay Resort by CLICKING HERE.


Now is the time to register for BOTH the Risk Assessment and Management Best Practices Course and the 2024 Global TapRooT® Summit. How? That’s easy! Click on the button below!


Experience the 2024 Global TapRooT® Summit and Jim Whiting’s insightful, thought-provoking risk assessment/management course. But don’t wait! Seats in Jim’s course are limited.

Don't miss the 2024 Summit!
Courses & Training, Quality
Show Comments

Leave a Reply

Your email address will not be published. Required fields are marked *