Risk Management case studies and ways to have used | EzinePR ...

Case studies, as long as man could communicate, have already been used to educate and explain. In their simplest form it may begin with the road, ?Have you heard the sole about ???

The reason case research is so effective as communication and education tools due to the fact tell a narrative and thru that telling, care for a genuine example for that principles of your topic to be explained so they allow discussion and analysis. It?s always even more tricky to use theorems and definitions to get the same result.

So, using an example in risk management training offers an excellent chance to bridge the gap between risk management principles and risk management in practice.

As an instance, say you would like to explain the phrase risk, which may be, ?the effect of uncertainties on objectives?. An incident study may very well be of each organization which can be techniques in terms of safety to experience production objectives. The effects could be an popularity of injuries or, worse, a fatality. Samples of these situations come in the newspapers and infrequently in the court proceedings a wide range of day.

A framework for implementing case studies in risk management

These has to be presented as a good narrator tells an account. A wonderful example can be found in the courses video called Piper Alpha ? Spiral to Disaster. The usual framework appears this:

1. Set the scene

• Describe the agency ? its structure, general performance, any particular pressures eg growth or market.
• Describe the problem, the background to the story.
• Describe other organizations involved ? eg contractors, suppliers, customers.
• Describe those who involved ? their roles and actions.
• Include another information necessary to learn possible study, along the lines of all other complexities or issues inside work environment impacting the specific situation.

2. Tell the story

• Give a free account of how the event was triggered, what happened, if this happened and what were the outcomes.
• Use a moment line to best present the sequence of events as well as overlaps.
• Use types of documentation such as project plans, budgets, memos, data gathered.
• Use anything visual ? still photos, video, drawings, and cartoons ? something that enables you to tell the story.

3. Do the analysis

• Prepare an analysis of the event and why it succeeded or failed.
• You may decide to provide analysis for discussion in order to have participants do their personal analysis, perhaps to provide a group exercise.

Case studies are especially useful in short duration risk management courses as they are able communicate complex issues in rapid sequence.

The other major benefit of risk management case studies in course for instance those found on ISO 31000 is learners can recall case studies along with the lessons learned, much more easily than they can recall definitions or concepts. Moreover, men and women generally regardless of how images rather then text.

If you are looking to implement ISO 31000 risk management you need to know the basic differences between a risk management plan and a risk management process, so take a look at this easy to read summary and add it to your risk management tools.

HTML Ready Article You Can Place On Your Site. (do not remove any attribution to source or author) <title>EzinePR.com - Submit Articles for Your Business | Risk Management case studies and ways to have used</title><h3>Risk Management case studies and ways to have used</h3><p>By: </p><p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Case studies, as long as man could communicate, have already been used to educate and explain. In their simplest form it may begin with the road, ?Have you heard the sole about ???</span></p> <p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">The reason case research is so effective as communication and education tools due to the fact tell a narrative and thru that telling, care for a genuine example for that principles of your topic to be explained so they allow discussion and analysis. It's always even more tricky to use theorems and definitions to get the same result.</span></p> <p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">So, using an example in risk management training offers an excellent chance to bridge the gap between risk management principles and risk management in practice.</span></p> <p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">As an instance, say you would like to explain the phrase risk, which may be, ?the effect of uncertainties on objectives?. An incident study may very well be of each organization which can be techniques in terms of safety to experience production objectives. The effects could be an popularity of injuries or, worse, a fatality. Samples of these situations come in the newspapers and infrequently in the court proceedings a wide range of day.</span></p> <p class="MsoNormal"><strong><span lang="EN-US" xml:lang="EN-US">A framework for implementing case studies in risk management</span></strong><span lang="EN-US" xml:lang="EN-US"></span></p> <p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">These has to be presented as a good narrator tells an account. A wonderful example can be found in the courses video called <em><strong>Piper Alpha - Spiral to Disaster</strong></em>. The usual framework appears this:</span></p> <p class="MsoNormal"><strong><span lang="EN-US" xml:lang="EN-US">1. Set the scene</span></strong><span lang="EN-US" xml:lang="EN-US"></span></p> <ul type="disc"><br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Describe the agency - its structure, general performance, any particular pressures eg growth or market.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Describe the problem, the background to the story.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Describe other organizations involved - eg contractors, suppliers, customers.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Describe those who involved - their roles and actions.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Include another information necessary to learn possible study, along the lines of all other complexities or issues inside work environment impacting the specific situation.</span></li> <br /></ul><p class="MsoNormal"><strong><span lang="EN-US" xml:lang="EN-US">2. Tell the story</span></strong><span lang="EN-US" xml:lang="EN-US"></span></p> <ul type="disc"><br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Give a free account of how the event was triggered, what happened, if this happened and what were the outcomes.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Use a moment line to best present the sequence of events as well as overlaps.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Use types of documentation such as project plans, budgets, memos, data gathered.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Use anything visual - still photos, video, drawings, and cartoons - something that enables you to tell the story.</span></li> <br /></ul><p class="MsoNormal"><strong><span lang="EN-US" xml:lang="EN-US">3. Do the analysis</span></strong><span lang="EN-US" xml:lang="EN-US"></span></p> <ul type="disc"><br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Prepare an analysis of the event and why it succeeded or failed.</span></li> <br /><li class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">You may decide to provide analysis for discussion in order to have participants do their personal analysis, perhaps to provide a group exercise.</span></li> <br /></ul><p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">Case studies are especially useful in short duration risk management courses as they are able communicate complex issues in rapid sequence.</span></p> <p class="MsoNormal"><span lang="EN-US" xml:lang="EN-US">The other major benefit of risk management case studies in course for instance those found on <strong>ISO 31000</strong> is learners can recall case studies along with the lessons learned, much more easily than they can recall definitions or concepts. Moreover, men and women generally regardless of how images rather then text.</span></p> <p class="MsoNormal"><span lang="EN-AU" xml:lang="EN-AU">If you are looking to implement ISO 31000 risk management you need to know the basic differences between a risk management plan and a risk management process, so take a look at this easy to read summary and add it to your risk management tools.</span></p><p><b>Article Courtesy of</b> EzinePR.com - Submit Articles for Your Business<br /></p>

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