Introduction
The most effective means of consistently ensuring the safety of a drinking-water supply is through the use of a comprehensive risk assessment and risk management approach that encompasses all steps in water supply from catchment to consumer. In these Guidelines, such approaches are called water safety plans (WSPs)”.
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Introduction
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This presentation demonstrates the quantitative risk analysis technique as applied to process industries, with references to several case studies. Demonstration of successful execution, how these studies assisted in reducing overall risk, and the cost-benefit aspect will be addressed. Types of hazardous consequences which can contribute to overall risk will be outlined as well, including fire, toxic and explosive effects. The effect of likelihood is addressed in terms of mechanical failure rates, meteorological data, population densities, and ignition probabilities. Quantitative risk analysis is a widely accepted technique within the chemical and process industries. It has been adopted to form legislative requirements in many countries within Europe and Asia. Quantitative risk analysis typically assesses the risk to society as a whole, or to individuals affected by process operations.
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