Best Practices to Ensure My Risk Assessment is Trustworthy Presentation

Part 3 of Trustworthy Risk Assessments, QRA, and Data Validation in Process Safety
One of the most powerful features of the Safety Life Cycle (SLC) is validation of the Risk Assessment with actual performance data; this is the ‘cyclic’ aspect of the SLC. One of the largest sources of error in a Risk Assessment is applying generic “industry” data without validation, which can increase the frequency of incidents or the cost of controlling hazards. This final webinar of our three-webinar series shows how to leverage qualitative and quantitative methods to update Risk Assessment data including using probability distributions and confidence intervals.
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