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author

Jatin Shah
Rob Magraw

published on

May 2016

Quantitative Risk Analysis (QRA) is an extremely powerful tool to help one objectively assess the risk of complex processes. Most processes that use Highly Toxic Materials (HTMs) are complicated and pose hazards both to the employees on site and, in many cases, to the neighbouring offsite community. Understanding the risk associated with these HTM processes is often complicated due to the many risk mitigation systems that may be employed by the operator to control the hazards. Companies often conduct QRA studies to evaluate the potential risk exposures to their employees and neighbouring communities and, in some cases, to satisfy regulatory requirements. Regulatory bodies increasingly scrutinise QRA studies as part of their determination on the tolerability of risk posed by facilities processing HTMs.

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jatin shah, SCR, CCPS FELLOW

rob magraw, CFSE