Course Description Consistent Risk Judgment Is Needed in Many Situations Implementing consistent risk-based judgments is an integral part of an effective PSM program. Judging risk is a common skill required in PSM elements such as PHA, management of change, mechanical integrity, incident investigation, and others. Learn How to Consistently and Efficiently Assess Risk In this 1-day course, you will learn techniques for judging risk as well as guidelines for when to apply these techniques throughout your PSM program. You will learn the essentials of determining the consequence of a given scenario, estimating the likelihood of it occurring, and taking credit for the effectiveness of your safeguards against it. Accreditation: 0.7 CEUs, 0.7 COCs, 1.17 CM, ABIH approval #10-245 For more information on this course, contact Customer Service at 1-800-769-1199. Course Highlights Day 1 – All Day 8:00a.m. – 5:00 p.m. Risk Concepts Using Event Trees for Risk-based Judgments Action Item Assessment and Ranking Simplified Techniques for Risk-Based Judgments Risk Judgment During Qualitative Hazard Evaluations Using a Risk Matrix Score-based Risk Judgment LOPA Major Categories of Frequency Data Define Safeguard Types and Credits Classification Overview Safety Critical Interlock Classification Safety Critical Equipment and Actions Common Cause Failure Event   Course Outline Day 1 – All Day 8:00a.m. – 5:00 p.m. Risk Concepts Application of management systems to identify, evaluate, and control risk to a tolerable level Risk Concepts Risk Tolerance Risk: How People See It Methods for Presenting Risk Results Workshop: Risk Histogram Using Event Trees for Risk-based Judgments Workshop: Event Trees Action Items Quantitative Basis for Ranking Action Items Risk Reduction Equation for an Action Item Calculating Priority for an Action Item Example Calculations Simplified Techniques for Risk-Based Judgments Risk Judgment During Qualitative Hazard Evaluations Using a Risk Matrix Problems with Risk Matrices Score-based Risk Judgment LOPA Workshop: LOPA Major Categories of Frequency Data Define Safeguard Types and Credits Classification Overview Safety Critical Interlock Classification Safety Critical Equipment and Actions Common Cause Failure Event For more information on this course, contact Customer Service at 1-800-769-1199.     This course is taught by instructors who have performed hundreds of hazard evaluation and risk assessment projects   Donald Lorenzo 1-865-671-5842 dlorenzo@absconsulting.com For more information on this course, contact Customer Service at 1-800-769-1199.

Related Courses Hazard Identification Process Hazard Analysis Leader Revalidating Process Hazard Analyses Advanced PHA Leader Layer of Protection Analysis Related Course Certification This course is part of ABS Consulting’s Advanced PHA Leader certification program. Onsite Course This course can be taught at your facility. Find out more.