Guidelines For Chemical Process Quantitative Risk Analysis [VERIFIED] Download

Guidelines For Chemical Process Quantitative Risk Analysis [VERIFIED] Download

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Guidelines For Chemical Process Quantitative Risk Analysis Download

quantitative risk analysis provides a means of taking the predictions of a qualitative risk analysis and quantifying the resulting information. risk analysis must be qualitative if its primary objective is the listing of all of the potential accidents that can occur in the facility. failure to include all of the possible events in the analysis results in a non-quantitative analysis, or, more usefully, an analysis that does not provide the proper information for the facility owner or operator. quantitative risk analysis enables the calculation of the probability of each event to determine the extent to which the facility is at risk for the occurrence of each of these events. the probability is typically a number between 0 and 1 that is assigned to each risk element. the result of the analysis provides a quantitative assessment of the facility’s risk.

a quantitative risk assessment (qra) should have an easily understood, structured approach to better manage risk for chemical process equipment. this approach should be able to be used by those who perform the analysis at whatever level of detail is most appropriate for the facility and the scope of the risk assessment. a qra should not be a lengthy document. the risk should be presented in terms of a single number that allows a quick and easy comparison of alternative risk reduction measures. this should be the number’s probability of a hazardous event occurring given certain assumptions or conditions. the risk should be calculated using appropriate chemical process equipment failure, location, and weather information. a qra should assess risk to the chemical process equipment given at least the following: actual or potential environmental releases of the same or similar hazard to which the process equipment is exposed; existing or predicted operating conditions that are more or less likely to trigger the release; equipment failures and their consequences; and equipment location and facility configuration. a qra should be performed using available information about the hazard, operating conditions, equipment, and facility to which the qra applies. the more information that is available, the more useful the results will be. the qra should be implemented using effective hazard identification, hazard assessment, and probability determination. the result should be expressed in terms of failure of process equipment due to chemical process hazardous events. the analysis should be able to include multiple operating conditions or releases, including different hazard pathways and release combinations. the results should be presented in a form that is easy to understand by facility personnel. it is important to identify and describe the assumptions that were applied to reach the final conclusion. the qra should use scientifically acceptable probability assessment models and validate those models in accordance with the appropriate standards. the qra should focus on the chemicals at the facility, and the facility environment.

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