Challenges in Developing and Implementing Safety Risk Tolerance Criteria
- Type: Conference Presentation
You will be able to download and print a certificate for these PDH credits once the content has been viewed. If you have already viewed this content, please click here to login.
Risk quantification can help in understanding and managing risk. Establishing quantitative risk criteria can be a key component to risk decision-making and many companies use quantitative risk criteria, either formally or informally. The Center for Chemical Process Safety issued its guidance on developing quantitative safety risk criteria in 2009 – CCPS Guidelines for Developing Quantitative Safety Risk Tolerance Criteria. This paper addresses some of the ore common challenges in developing and implementing safety risk tolerance criteria.