2009
DOI: 10.1002/prs.10295
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A semiquantitative risk assessment methodology to prioritize recommendations

Abstract: Process safety engineers promote loss prevention by providing recommendations when deficiencies are observed. Deficiencies are undesirable conditions that aggravate the likelihood and/or the severity of loss events. Any improvement needs resources, and since the resources are always limited, process safety engineers have to establish priorities for loss prevention recommendations. One appropriate way to prioritize the recommendations is to evaluate and compare the cost of risk reduction associated with the imp… Show more

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Cited by 6 publications
(4 citation statements)
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“…Part of the planning process involves prioritising and selecting those options that are expected to be most effective, and identifying them as the recommendations requiring priority [31].…”
Section: Stage 2: Planning Interventionsmentioning
confidence: 99%
“…Part of the planning process involves prioritising and selecting those options that are expected to be most effective, and identifying them as the recommendations requiring priority [31].…”
Section: Stage 2: Planning Interventionsmentioning
confidence: 99%
“…For this purpose, the usual tools used in reliability, safety, and risk analyses can be used. The risk assessment process and the semiquantitative risk assessment methodology outlined in other PSP articles [7, 8] may also be applicable.…”
Section: Condition Assessmentmentioning
confidence: 99%
“…Bhimavarapu and Doerr [1] show a semiquantitative risk assessment methodology to prioritize recommendations considering the observed undesirable conditions that may raise the probability and/or the severity of loss events, comparing the cost of risk reduction with the improvements. In accordance to Johansson [2] usually investments in fire safety are initially not seen as a profit and are only considered as costs (investment and maintenance costs).…”
Section: Introductionmentioning
confidence: 99%