Process safety and risk management

Process Safety and Risk Management (PSM) is a comprehensive approach to managing the risks associated with industrial processes. It encompasses various methodologies and tools to identify, assess, and mitigate process-related hazards and risks.

Qualitative Risk Assessment /Bow-Tie Analysis

Qualitative Risk Assessment involves identifying and evaluating risks based on their likelihood and potential consequences. Bow-Tie Analysis is a graphical method used to visualize the relationship between hazards, their causes, and the preventive and mitigative barriers.

Quantitative Risk Assessment (QRA) and ALARP Studies

QRA involves quantifying the risks associated with process-related hazards using mathematical models and data analysis techniques. ALARP (As Low As Reasonably Practicable) Studies aim to ensure that risks are reduced to the lowest practicable level.

With a team of experienced consultants, we deliver QRAs for normal operations and SIMOPS to assist our clients in decision making.

The following steps are implemented systematically for analyzing the risk of different operations

• • • Hazard Identification and listing of accident scenarios
    • frequency and consequence calculations
    • Overall risk assessment
    • Transportation and dropped object risk
    • Simultaneous Operations (SIMOPS)
    • Cost-Benefit Analysis (CBA)
    • ALARP Assessment

The team of experts are well versed with a wide range of risk analysis tools available in the market like PHAST/ SAFETI, FRED/ SHEPHERD, EFFECTS/ RISK CURVES. This creates a unique opportunity to customize the best fit analysis using different methods and tools as per the complexity customer’s scope.

Fire and Explosion Risk Assessments

These assessments evaluate the risk of fires and explosions occurring in industrial processes and facilities. They involve analyzing the likelihood and consequences of various ignition sources and combustible materials.

Escape Evacuation and Rescue Analysis

This analysis assesses the effectiveness of evacuation plans and emergency response procedures in the event of a process-related incident. It aims to ensure the safe evacuation and rescue of personnel.

Emergency Systems Survivability Analysis

This analysis evaluates the reliability and effectiveness of emergency systems such as fire suppression systems, emergency shutdown systems, and emergency response teams.