QUANTIFIED RISK ASSESSMENTS
In
order that a comparative estimate can be made for an appropriate measure
of risk, together with value judgements of the significance of calculation,
five elements of information are required:
- Hazard identification
- Frequency estimation
- Consequence analysis
- Risk evaluation
- Sensitivity analysis
The above programme should generate sufficient information to enable managements
to arrive at decisions for further action.
The Jenbul consultancy provides expertise covering the generation of cause, fault and event trees. From the variety of industries from which consultants are drawn, there is maintained a pool of experience capable of applying sensitivity analyses and demonstrating the significance of results.
email:info@jenbul.co.uk
