Do you know your potential hazards?
Safetec has extensive experience in the planning, execution and implementation of quantitative risk analysis (QRA) techniques as a risk management tool. We have been responsible for the completion of a large number of QRAs ranging in size from small semi-quantitative studies of very specific activities to fully integrated QRAs of multiplatform offshore complexes.
Why risk analysis?
A QRA should be undertaken for all stages of a project, from concept selection through design, construction, operations, maintenance and modifications to decommissioning and removal. Hazard analysis and QRA are now well established methods for aiding engineering and management decision-making.
What we do?
A full risk analysis involves the estimation of frequency and consequences (i.e. risk) for a range of potentially hazardous scenarios. The methods and tools Safetec employ to carry out QRA can include:
Hazard identification (HAZID)
- Frequency evaluations of all major events (Major Accidental Hazards- MAH)
- Consequence evaluations
- Fire, smoke and gas simulations and/or assessment
- Explosion simulations and/or assessment
- Impairment evaluations
- Quantification of risk to personnel, environment and asset
- ALARP evaluation
Risk analysis need not be costly or complex
QRA does not necessarily have to be a complex exercise. In some cases, a relatively simple QRA suffices. It is imperative to decide, at an early stage, to what level a QRA should be developed. In doing so, the creation of a more cost-effective and useful decision-making tool is made easier.
Get in touch to find out how we can help you to do the risk analysis that are suitable for your organisation and your operations.