Risk assessment: What is it worth? Shall we just do away with it, or can it do a better job?

Volume: 99, Pages: 140 - 155
Published: Nov 1, 2017
Abstract
Much has been written about the value of risk assessment, in particular the quantified version, QRA, here considered in the context of industrial processing oil, gas, and chemicals. It is plagued by mistrust due in part because estimated uncertainties are generally not included. QRA is done for predictive purpose, to design risk reducing measures, and to base safety decisions on, but many major accidents occur according to scenarios not foreseen...
Paper Details
Title
Risk assessment: What is it worth? Shall we just do away with it, or can it do a better job?
Published Date
Nov 1, 2017
Volume
99
Pages
140 - 155
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