Qualitative and Quantitative Risk Assessment

Quantitative Risk Assessment is a tool that continuously analysis the risks from venturesome activities to quantify the risks to personnel engaged in the power, so compare the expected risk levels against the QP risk criteria and assess their tolerability.

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Introduction
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Course Details

Duration 2 Days

Training Mode Online / in-company

Language English

Prerequisites None

Assessment Onboard Exam

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Content of the Page
Introduction
The session will be covered
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Introduction

This course is designed to gain knowledge on Qualitative and Quantitative Risk Assessment process in the process industry. In a process industry there are occasions where more advanced risk assessment techniques are needed. There is sometimes a regulatory requirement also to produce reports that contain highly detailed risk assessments that are far above the level achieved by a five step approach.

This course covers various risk management techniques used within the process industries. Qualitative (Q), Semi-Quantitative (SQ), and Quantified Risk Assessment (QRA) are some of the main topics that would be covered during the course.

The session will be covered over 2 days, 2 hours, Per day and will cover the following :

Day	Topics
Day – 1	Definition of Risk Assessment and it’s important Terms
	Purpose and Use of Risk Assessment
	The basic – Five-Step Approach Risk Assessment
	A look into Risk Management Techniques used within the process Industry
Day – 2	Study of Swiss Cheese Model Or Barrier Model
	Study of Bow Tie Model Risk Assessment
	Understanding Failure Mode Effect Analysis (FMEA)