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In association with: The Risk Agenda

Risk transfer, and hence risk management, are central to the PFI concept.  So the way we analyse the risks plays a key role.  But risk analysis is a difficult and subjective exercise and may not be able to provide the definitive information or answers the various parties to the deal expect.  These challenges are increased by the differing aspirations of the parties.

The objective of the workshop is to explore these themes in an interactive way and arrive at conclusions as to where risk analysis will be useful - and how to deliver the benefits - and where it will probably not help - and what to do then.  Overall we shall strip away the myths of risk analysis and provide managers - whatever role they play within the organisation - with a practical guide as to what they can expect.


Andy Garlick and The Risk Agenda

Andy Garlick has twenty five years' experience in risk.  This started with work on nuclear risk assessment in the United Kingdom Atomic Energy Authority.  Since then he has held senior positions involving the development of a number of risk consulting businesses, including many years working for AEA Technology.  He now operates as an independent consultant with his own company, The Risk Agenda.

He has worked with clients in the nuclear, construction, transport, oil and gas, chemical and government sectors.  This has included working on several PPP and PFI deals, mainly as an advisor to bidders.

His objective during this time has been to make risk methods more accessible and more business-focussed.  He has seen risk management move from being a peripheral and esoteric activity, mainly concerned with safety risks, to become a core business function.  He has recorded his approach to quantitative risk modelling in the book Estimating Risk: A Management Approach published last year by Gower.

He is also a Fellow of the Institute of Risk Management and is currently on the organising committee of both their North West regional group and their Special Interest Group on PPP/PFI.


Crowne Plaza Hotel - St James

Buckingham Gate 45/51
London SW1E 6AF
United Kingdom

Crowne Plaza Hotel - St James

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WHAT IS CPD?

CPD stands for Continuing Professional Development’. It is essentially a philosophy, which maintains that in order to be effective, learning should be organised and structured. The most common definition is:

‘A commitment to structured skills and knowledge enhancement for Personal or Professional competence’

CPD is a common requirement of individual membership with professional bodies and Institutes. Increasingly, employers also expect their staff to undertake regular CPD activities.

Undertaken over a period of time, CPD ensures that educational qualifications do not become obsolete, and allows for best practice and professional standards to be upheld.

CPD can be undertaken through a variety of learning activities including instructor led training courses, seminars and conferences, e:learning modules or structured reading.

CPD AND PROFESSIONAL INSTITUTES

There are approximately 470 institutes in the UK across all industry sectors, with a collective membership of circa 4 million professionals, and they all expect their members to undertake CPD.

For some institutes undertaking CPD is mandatory e.g. accountancy and law, and linked to a licence to practice, for others it’s obligatory. By ensuring that their members undertake CPD, the professional bodies seek to ensure that professional standards, legislative awareness and ethical practices are maintained.

CPD Schemes often run over the period of a year and the institutes generally provide online tools for their members to record and reflect on their CPD activities.

TYPICAL CPD SCHEMES AND RECORDING OF CPD (CPD points and hours)

Professional bodies and Institutes CPD schemes are either structured as ‘Input’ or ‘Output’ based.

‘Input’ based schemes list a precise number of CPD hours that individuals must achieve within a given time period. These schemes can also use different ‘currencies’ such as points, merits, units or credits, where an individual must accumulate the number required. These currencies are usually based on time i.e. 1 CPD point = 1 hour of learning.

‘Output’ based schemes are learner centred. They require individuals to set learning goals that align to professional competencies, or personal development objectives. These schemes also list different ways to achieve the learning goals e.g. training courses, seminars or e:learning, which enables an individual to complete their CPD through their preferred mode of learning.

The majority of Input and Output based schemes actively encourage individuals to seek appropriate CPD activities independently.

As a formal provider of CPD certified activities, SMI Group can provide an indication of the learning benefit gained and the typical completion. However, it is ultimately the responsibility of the delegate to evaluate their learning, and record it correctly in line with their professional body’s or employers requirements.

GLOBAL CPD

Increasingly, international and emerging markets are ‘professionalising’ their workforces and looking to the UK to benchmark educational standards. The undertaking of CPD is now increasingly expected of any individual employed within today’s global marketplace.

CPD Certificates

We can provide a certificate for all our accredited events. To request a CPD certificate for a conference , workshop, master classes you have attended please email events@smi-online.co.uk

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