Oil container terminal

Analytical assessment of risk

Our experience in using practical tools and methodologies to manage risk helps you verify and optimise design early on when costs are still manageable.

Contact Us

Key contact

Lee Hedd

Business Development Manager

Lee Hedd

Business Development Manager

Ottawa, Canada

+1 613 592 2830 ship-design@bmtglobal.com

UK and Europe

Noel Tomlinson

Head of Business Development

Noel Tomlinson

Head of Business Development

Southampton, UK

+44 (0)23 8022 6655 ship-design@bmtglobal.com

Australia and Pacific

Jan Verdaasdonk

Business Development Manager, Maritime & Defence

Jan Verdaasdonk

Business Development Manager, Maritime & Defence

Singapore

+65 6517 6800 (804) ship-design@bmtglobal.com

Singapore

Edwin Kiew

Commercial Manager

Edwin Kiew

Commercial Manager

Singapore

+65 6517 6800 enquiries@bmtglobal.com

Unmanaged risk proves costly: to human life and the liveability of communities, the operating time of an asset, and the business bottom line.

Viewing risk as a potential cost highlights the critical need for safe operations. The knock-on effects can result in severe consequences. Applying proven risk management techniques makes it possible to reduce expenses, notably at the early phases of the project life cycle, which forms the Formal Safety Assessment and leads to the development of any safety case.

 


During design, it is essential to undertake preliminary risk and safety engineering workshops to help identify and mitigate risks associated with design from an early stage.

The initial step in risk assessments is to efficiently determine the frequency and severity of hazards using a purely qualitative or semi-quantitative approach. We provide experienced facilitators and independent third-party participants for these workshops to assist in focusing design teams and triggering discussions ensuring early designs are questioned knowledgeably and effectively.

We understand the critical drivers for risk and safety-related studies:

  • To ensure design achieves acceptable safety standards.
  • To fulfil local regulatory requirements
  • To contribute to safety case preparation
  • To evaluate different design options

ALARP

Risks that have been identified but cannot be mitigated to As Low as Reasonably Practicable (ALARP) are then tracked within a Hazard Register and carried forward for consequence assessment.

These workshops are designed to equip design teams with critical knowledge from the start to ensure safety is a priority and that a thorough evaluation of the project’s concepts are appropriately analysed and include:

  • Process Hazard Analysis (PHA)
  • Facility Layout Hazard Analysis
  • Hazard Identification (HAZID)
  • Hazard and Operability (HAZOP)
  • Bowtie workshops
  • Simultaneous Operations (SIMOPS)
  • A layer of Protection Analysis (LOPA)
  • Safety Integrity Level (SIL)
  • Failure Mode and Effects Analysis (FMEA)
  • Failure Mode, Effects, and Criticality Analysis (FMECA)

    Environment

    We understand the future risks to both built and natural assets from climate change and the complex challenges that lay ahead in the context of practical adaptation.

    We use risk-based assessments and management processes under the International Standard for Risk Management (ISO 31000).

    Our risk management services range from project-specific chemical and ecological risk assessment to assessing and mitigating risks from natural hazards such as floods and storm surges on existing assets and infrastructure. Our clear and actionable findings can help you successfully identify, assess, manage, monitor, and mitigate risk, as well as develop effective treatment and adaptation strategies.

    Collaborating with

    Safety & Reliability Society

    The global professional body for safety, reliability, and risk management practitioners

    Find out more