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Article: Simplified risk assessment
- Article from:
- Engineering Management Journal
- Article date:
- March 1, 1998
- Author:
CopyrightCopyright American Society for Engineering Management Mar 1998. Provided by ProQuest LLC. (Hide copyright information)
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ABSTRACT
Risk assessment is required increasingly by legislation and standards not only for design of new large plant but also for evaluation of risks in normal plant operation and maintenance. Risk assessment, when done fully, can involve high costs and substantial data gathering exercises. This paper discusses the nature of these requirements and proposes a simplified approach to risk assessment that may provide an adequate indication of the issues involved and whether the risks are acceptable.
Introduction
Historical Background. The key features of the term "risk assessment" as used in this article is a combination of identification of potential accidents, estimation of the frequency ...