Quantitative Risk Assessment
We have performed studies for numerous corporations, and also consulted in QRA to various international agencies.
Our analyses have addressed:
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fixed facilities and transportation systems
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internal hazards, natural hazards (such as seismic, flood, and high winds), and other external hazards (such as aircraft impact and the hazards of adjacent facilities)
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safety, economic, and environmental risks (and broader categories of liabilities in the context of Integrated Risk Management).
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We conduct studies to:
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risk-rank multiple processes or facilities to prioritize activities
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develop detailed risk models of processes and facilities to characterize overall safety, identify risk drivers, and support cost-benefit analysis
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evaluate the risks of business interruption, property damage, and other operational liabilities as a basis for the allocation of risk management resources.
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We have developed several state-of-the-art software tools to support our quantitative risk and reliability studies.
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