Quantitative Risk Analysis (QRA) & (fQRA)

Our engineers use this rigorous methodology to evaluate the possible consequence and likelihood associated with engineering or technical scenarios.  Consequence is typically expressed as the number of fatalities or failures and likelihood of occurrence is typically expressed in frequency as the number of times a year. Event tree analysis and fault tree analysis are typical.

Sometimes as subset of a QRA is required so we perform a Focused Quantitative Risk Analysis (fQRA)  analysis and calculations to assist in the determination of the tolerability of risk associated with scenarios and the generation of recommendations to assist in the achievement of tolerable risk levels.