6. Risk Assessment Studies
Risk assessment is the most important step in the risk management. It is most difficult and prone to error also. Risk assessment in its broad definition is a structured procedure that evaluate qualitatively and/or quantitatively the level of risk imposed by the hazard sources identified within the installation. In other words, risk assessment is a systematic procedure for describing and quantifying the risk associated with hazardous substance, processes, actions or events.
- HAZOP (Hazard and Operability Studies).
- HAZEN (Hazard Analysis).
- HIRA (Hazard Identification and Risk Assessment Techniques).
- QRA (Quantitative Risk Analysis).
- Ergonomics Studies.
- HSE Audit.
- Risk Assessment and DMP.
- Safety Audit.