QRA brings together the consequences and frequencies of accident scenarios to estimate levels of risk, such as loss of life and environmental harm. Aker Solutions' approach to QRA focuses on the practical benefits. All of our highly skilled consultants have design, operations or management backgrounds, and this experience is used to interpret results and provide recommendations for real and cost-effective risk reduction and control strategies.
The techniques employed as part of a QRA include:
- Consequence Assessment
- Frequency analysis, including fault and event tree analysis
- Assessment of dependant failures
- Risk ranking
- ALARP Assessments
- Iso-risk contours
- Calculation of F-N curves
- Sensitivity analysis to assess dominant contributions
By combining the costs and benefits of alternative investment strategies, cost benefit analysis can be used to rank engineering options in order of cost effectiveness.
Not all applications require full quantitative assessment; we can also provide a range of qualitative assessment techniques.
Printable version