Tuesday 30 October 2018

Risk Ranking:Essence of any Hazard Analysis

Recently, I was giving training on HAZOP and I got a question "Why do you say that our HAZOP is incomplete without risk ranking? We are doing the study since so long and no auditor or authorities have ever questioned us for the same." 

So this question has made me think about the situation Process Safety is facing. We know that oil & gas has developed more than other sectors including FMCG, Pharmaceutical, Chemical (Bulk & Speciality), etc. with far better standards for performing safety studies including PHAs. So, here I am writing this post to share the importance of risk ranking in any hazard analysis technique.