Journal of Loss Prevention in The Process Industries, Vol.36, 98-107, 2015
Uncertainties in QRA: Analysis of losses of containment from piping and implications on risk prevention and mitigation
Quantitative Risk Assessment (QRA) is commonly used in the chemical industry to support decision-making. Common practices are based on standard methods, such as fault tree, event tree, etc.; in this frame, risk is a function of frequency of events (probability) and associated consequences (negative outcomes), but relevant uncertainties often are not properly taken into account in the derived results. This paper presents the application of an extended risk analysis of loss of containments for a case-study with the following aims: firstly, the uncertainties related to the results of the analysis, which derive from assumption in the application of the standard models, are qualitatively assessed; secondly the application allows evaluating the impact of the uncertainties on the trustworthiness of the results and, finally, commenting about their use in the risk prevention and mitigation. (C) 2015 Elsevier Ltd. All rights reserved.
Keywords:Quantitative Risk Assessment;Chemical release;Loss of containment;Uncertainty;Risk management