The Mechanics of a Quantitative Risk Analysis - Better Understand Your Risks | AIChE
Sponsor: ioMosaic Corporation | This webinar is sponsored by ioMosaic Corporation and reflects their views, opinions, and insights. Attendance is free.

The Mechanics of a Quantitative Risk Analysis - Better Understand Your Risks

This presentation outlines the main steps involved in conducting a Quantitative Risk Analysis (QRA) study, and the main inputs and outputs in such a study. It also discusses how closer examination of these results can enable risk analysts to better understand, manage, and mitigate risks at their facility.

Quantitative Risk Analysis as a technique for managing and understanding risks dates back to the 1970s, initially applied in the aerospace, electronics, and nuclear power industries. During the 1980s, the technique was refined and applied to the chemical and petrochemical industries.

Until recently, the level of detail of a QRA study has been limited by the availability of high speed computing resources. Results for course QRA studies were typically presented in terms of overall individual risk, or societal risk, with little opportunity to segment or analyze the risk results in more detail.

Sponsored webinars bring technical information from reputable firms and suppliers to AIChE members. The content reflects the views, opinions, and recommendations of the sponsoring organization. AIChE does not warrant or represent, expressly or by implication, the correctness or accuracy of the content of the information presented. As between (1) the AIChE, the presenter and author(s) of this work, their employers, and their employers' officers and directors, and (2) the user/viewer of this work, the user/viewer accepts any legal liability or responsibility whatsoever for the consequence of its use or misuse. Contact information for attendees of this webinar, including email address, will be shared with the sponsoring firm. You will always have the opportunity to unsubscribe from email from that organization.

  • AIChE Pro Members - Free
  • AIChE Graduate Student Members - Free
  • AIChE Undergraduate Student Members - Free
  • AIChE Explorer Members - $0.00
  • Non-Members - $0.00
Do you already own this? Log In for instructions on accessing this content.
  • Source:
  • Language:
  • Skill Level:
  • Duration:
    1 hour
  • PDHs: