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Risk Management and Hazards Analysis

Assetegy's team of experts boasts a wealth of experience in offering a range of risk management services, including Enterprise Risk Management (ERM) Framework, Risk Management, and The Risk Management Process in line with ISO 31000.

With Assetegy, organizations can rest assured that they are managing their risks effectively, protecting their employees, and safeguarding their reputation.

All of this is made possible with the help of cutting-edge software solutions that ensures compliance with relevant regulations and industry standards.

Assetegy's team of experts boasts a wealth of experience in offering a range of risk management services, including Enterprise Risk Management (ERM) Framework, Risk Management, and The Risk Management Process in line with ISO 31000. 

By leveraging their extensive expertise, Assetegy is able to help clients optimize their risk management strategies and ensure they remain compliant with relevant regulatory requirements.

Their extensive knowledge and expertise enable them to design and implement effective risk management solutions tailored to the specific needs of their clients. This involves working collaboratively with clients to identify and assess potential risks, develop risk mitigation strategies, and implement risk management frameworks that align with industry best practices.

Enterprise Risk Management

Assetegy offers comprehensive Hazards Analysis and Risk Assessment services which enable organizations to understand the potential hazards and risks associated with their operations. Assetegy's approach involves implementing a robust program for identifying hazards and analyzing risk, which takes into account the principles and essential features of a management system.

We provide work activities that support these essential features, as well as a range of approaches that might be appropriate for each work activity, depending on perceived risk, resources, and organizational culture.

Hazards Analysis and Risk Assessment

Assetegy offers Quantitative Risk Assessments (QRA), which is a structured and systematic method of estimating the probability and consequences of hazardous incidents. It involves assessing the risk to people, the environment or the business in a quantitative manner. QRA also evaluates the soundness and accuracy of quantitative outcomes by identifying critical assumptions and risk-driving elements. Such assessments are typically required for production and processing facilities, high-pressure pipelines, and storage and importation sites, including liquefied natural gas (LNG). They assist in decision-making by identifying the accident scenarios that contribute the most to overall risk. Focusing on these scenarios will help to meet acceptability criteria and demonstrate that risks are as low as reasonably practicable (ALARP). QRA studies may be needed to demonstrate satisfactory risk levels when approving major hazard plant construction plans or making significant operational changes or personnel adjustments.

Quantitative Risk Assessments QRA