Risk management and Reliability Engineering has become the central function of a utility manager. Utilities provide essential public health and environmental protection services to society and those working in the sector need to be versed with the context, tools and requirements of good risk governance – meaning the analysis, management, communication and human/organisational processes for managing risk and opportunity.
The Risk Management and Reliability Engineering course equips technologists with the skills to commission, appraise and review risk assessments within the utility sector, specifically for water, wastewater and solid waste unit processes and their assets. It introduces the management and governance of risk within the utility sector – technical, managerial and human factors.
On successful completion of this study participants should 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, e.g. the licence to operate;
- Exemplify strategic, tactical and operational risks in the water, wastewater or waste sector and their significance for a modern water utility;
- Identify and select from key risk tools and techniques appropriate to a range risk problems 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 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.
- Drivers for risk management in the utility sector – why manage risk?
- Corporate risk management – structures, tools and techniques
- Reliability, Availability and Maintainability (RAM) analysis of utility sector
- Statistical RAM analysis and the most commonly used probability distributions
- Risk assessment tools for the utility sector: risk matrix, Pareto analysis, fault tree analysis, event tree analysis, failure mode and effects analysis.
- Reliability assessment tools for the utility sectors: reliability block diagram, series and parallel configurations, redundancies.
- Utility assets, risk management and public health protection
- Regulatory risk assessments in support of environmental permits
- Communicating risk, building stakeholder confidence
- Risk governance in the utility sector – towards high reliability organisations
- Introduction to maintainability and its various measures, impact of assets condition on system reliability.
- Workshops and case studies: Work in groups to determine the risk and reliability of utility assets using various tools and techniques.
The course will benefit water and wastewater engineers and utility asset managers and technicians who are or plan to be involved in risk management and reliability assessment of the utility sector.
Five-day short course fees:
£1400 - Standard (20% discount for Cranfield alumni, 10% discount for colleagues of alumni)
£1340 - Professional/trade association discount
£1280 - Multiple bookings*
* Minimum of five delegates