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Quantitative Risk Assessment

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Presentation on theme: "Quantitative Risk Assessment"— Presentation transcript:

1 Quantitative Risk Assessment

2 What is QRA Systematic methodology to assess risks associated any installation Taking into consideration all forms of hazards Uses design information and historical data to estimate frequency of failure Uses modelling software to assess consequence Where/when is QRA needed CIMAH 1989 – part of CIMAH safety report EQA 1985 – a section under EIA

3 Risk = Severity x Likelihood
Definition Risk = Severity x Likelihood Extent of Damage Fatality Injuries Losses Analysis based on design and modeling equations Likelihood of event Based of failure frequency of process components Analysis based on manufacturer’s and historical data

4 Hazard Identification Risk Estimation and Evaluation
Methodology Hazard Identification Frequency Analysis Consequence Analysis Risk Estimation and Evaluation Risk Management

5 Hazard Identification
Purpose: to identify plausible hazard conditions Methods Check-list, Preliminary Hazard Review, HAZID, HAZOP etc. Unstructured brainstorming? Further Details

6 Frequency Analysis Sometimes referred to as Hazard Analysis
Purpose: To estimate the likelihood for a hazard scenario to occur Methods Event-Tree Analysis Fault-Tree Analysis Further Details

7 Consequence Analysis Further Details
Purpose: To assess the extent of damage Typical Hazard Toxic Release, Fire and Explosion Modelling of hazard scenario Toxic Release: Source (Release) Model, Dispersion Fire and explosion: Source Model, Fire and Explosion, Heat Dispersion Fatality Assessment: Probit Analysis Nonfatal Consequence: Skin-burn, Property damage Further Details

8 Risk Estimation and Evaluation
Purpose: To assess Risk and Make Safety Judgment Methods Individual Risk: IRPA, LSIR Societal Risk Tolerability Criteria Further Details

9 Risk Management Propose: to propose mitigating measure to reduce the potential impact of the hazard and possibly reduce the risk level Method Safe Work Procedure at every project stages Emergency Response Management Emergency Response Procedure


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