Aviation Risk Management Training

Start Date End Date Venue Fees (US $)
19 Apr 2026 Kuala Lumpur, Malaysia $ 4,500 Register
09 Aug 2026 Riyadh, KSA $ 3,900 Register
13 Dec 2026 Dubai, UAE $ 3,900 Register

Aviation Risk Management Training

Introduction

This course in risk management addresses both qualitative and quantitative risk management where quantitative risk is discussed in terms of expected monetary loss annually.  The course then shows how the safety professional can make a strong financial case for safety programs that reduce expected monetary loss.  This is done by teaching how managers make financial decisions, and by introducing the safety professional to financial statements (profit and loss, balance sheets) and other financial indicators (e.g., financial ratios and return on investment) used by managers in financial decision making so that the financial benefits of safety programs can be projected in terms managers understand.

Risk Management is a systems-based approach that focuses on the identification of hazards involved in each aspect of the operation, whether it involves aircraft flight operations, cockpit procedures, aircraft maintenance, turn-around, ticketing, scheduling, or baggage handling. As in integral and required part of a Safety Management System, Operational Risk Management formalizes this approach by implementing a logic-driven process to analyze the degree of risk associated with identified hazards, recommending Risk-based solutions, and monitoring the effectiveness of these solutions

Objectives

    • You will be introduced to modern "risk-based" approaches to safety program management
    • You will learn the process of risk identification and assessments, and will actually employ these techniques in problem-solving exercises
    • You will learn how to employ many of the "traditional" tools of the safety manager in a more effective way by addressing and prioritizing key risks within your organization
    • You will be introduced to Risk Management Checklists and procedures specifically developed for Aviation Operations
    • You will be able to develop and implement a risk management program within your organization that meets the guidelines of both civilian and military authorities

Training Methodology

This is an interactive course. There will be open question and answer sessions, regular group exercises and activities, videos, case studies, and presentations on best practice. Participants will have the opportunity to share with the facilitator and other participants on what works well and not so well for them, as well as work on issues from their own organizations. The online course is conducted online using MS-Teams/ClickMeeting.

Who Should Attend?

  • Managers, supervisors, and officers dealing with aviation risk management and insurance from airlines, airports, air traffic control organizations, aviation safety organizations, government, and suppliers to the aviation industry
  • Legal counsel
  • Security personnel

Course Outline

  • The Theory of Risk
  • The Risk Management Process in a Safety Management System
  • Identifying Hazards
  • Aviation Risk Assessment
  •  Strategies for Risk Control
  • Follow-up Action Steps
  • Using Traditional Safety Tools in Risk Management
  • Quantitative Risk Management
  • Building an Effective Risk Management Program
  • Talking about Return on Investment in the aviation industry
  • Financial Decision Making -- How to talk budgets with managers
  • Selling A Risk Management Program to Management

Accreditation

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