Applying Risk-Informed Decision Making

Presenter: Michael Lutomski

Subject Area:  Risk Management and Safety

Currently governments and industry are attempting to implement a more disciplined risk management approach into their decision making model, specifically an approach called risk-informed decision making.  A "risk-informed" approach to decision making represents a philosophy whereby risk insights are considered together with other factors to establish requirements or focus attention on design and operational issues commensurate with their importance to safety and other areas such as organizational goals, performance, or compliance.  
Mr. Lutomski will help you to understand and practice implementing the Risk-Informed Decision Making approach.  He will explore the many processes and techniques that collect information that are used to inform decision making and apply more disciplined Risk Information Decision Making approach to your own area of Risk Management.