Guide for Making Acute Risk Decisions [Hardcover]

This book presents a guidance on a large range of decision aids for risk analysts and decision makers in industry so that vital decisions can be made in a more consistent, logical, and rigorous manner. It provide good industry practices on how risk decision making is conducted in the chemical industry from many risk information sources as well as all the elements that need to be addressed to ensure good decisions are being made.

Topics Include: Identifying Risk Decisions, A Risk Decision Strategy for Process Safety, Case Studies in Risk Decision Making Failures, Guidance on Selecting Decision Aids, Templates for Decision Making in Risk-Based Process Safety, Understanding Process Hazards & Worst Possible Consequences, Management of Change as an Exercise in Risk Identification, Inherently Safer Design as an Exercise in Risk Tradeoff Analysis, Using LOPA and Risk Matrices in Risk Decisions, Using CPQRA and Safety Risk Criteria in Risk Decisions, Group Decision Making, Avoiding Decision Traps, Documentation of Process Safety Risk Decisions

Contents v

List of Tables xi

List of Figures xiii

Acronyms and Abbreviations xv

Glossary xix

Acknowledgements xxxi

Preface xxxiii

Introduction 35

1.1 History of Approaches to Process Safety Management 35

1.2 The Paradigm of Risk-Based Process Safety Management 36

1.2.1 Risk Based Process Safety (RBPS) Management 36

1.2.2 Risk Decisions Characteristics 39

1.3 A Risk Decision Making Method 40

1.4 Road Map and Relationship of this Book with Other Material 41

1.5 Risk Decisions during Process Life Cycle 43

1.6 Pros and cons 44

1.7 Summary 44

Key Concepts in Risk Ml/