Quantitative Risk Assessment - PowerPoint PPT Presentation

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Quantitative Risk Assessment

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Title: Quantitative Risk Assessment


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
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 manufacturers and historical
    data

4
Methodology
Hazard Identification
Consequence Analysis
Frequency 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
  • 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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