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Choose the RIght Risk Assessment Methodology

Originally broadcast on December 8, 2022. Now available On Demand.

Now available On Demand.

Sponsors: aeSolutions

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Summary:

The North American process industry’s Functional Safety Lifecycle, as given in ANSI/ISA-61511-1-2018, starts with performing both a Process Hazard Analysis (PHA) and a Risk Assessment. The Risk Assessment is the means of ensuring that the Risk of a Consequence falls within an Organization’s Tolerance for Risk. This webinar will examine the advantages and limitations of various risk assessment methodologies such as Risk Graph, Layer of Protection Analysis (LOPA), Quantitative Risk Assessment (QRA), and others.

Why you should attend:

  • The Safety Lifecycle – How do Risk Assessments fit in?
  • Risk Assessment – What are the tradeoffs of each technique? 
Sponsored by:

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Speakers:

Joe Veasey PE(TX), CFSE
Sr. Principal Specialist
aeSolutions

Joe Veasey is a Functional Safety Consultant in the Process Safety department at aeSolutions and holds a Professional Engineering License in Control Systems Engineering with the State of Texas. Joe is a Certified Functional Safety Expert with 25 years of safety system design experience, and he is a certified instructor of ISA’s EC50, EC52, & EC54 series of functional safety courses. A developer of functional safety training courses, Joe provides functional safety consultation, training, and designs to clients in the oil and gas, chemical, petrochemical, and manufacturing industries.

Traci Purdum
Editor in Chief
Chemical Processing

Traci Purdum, an award-winning business journalist with extensive experience covering manufacturing and management issues, joined Chemical Processing as senior digital editor in 2008. Just prior to this role, she served as editor-in-chief of HVACR Business, a business-management magazine geared toward small-business owners in the heating and cooling industry. Additionally, she spent 10 years at IndustryWeek magazine. At that publication, which features articles and departments on management for executives at manufacturing companies, she worked as senior editor and director of the magazine’s flagship database projects. She also served as a judge for the magazine's Best Plants program, which honors the top manufacturing plants in North America.

Traci is a graduate of the Kent State University School of Journalism and Mass Communication, Kent, Ohio, and an alumnus of the Wharton Seminar for Business Journalists, Wharton School of Business, University of Pennsylvania, Philadelphia. She lives in Cleveland with her husband and crazy dogs. Her goal in life: To be as good of a person as her dogs think she is . . .