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.
Our experience in using practical tools and methodologies to manage risk helps you verify and optimise design early on when costs are still manageable.
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:
We support the safety of your resources, including setting safety requirements, identifying hazards, assessing risks, ensuring compliance, and providing assurance through the production of safety case artefacts.
In the event of a fire, the impact is often very significant; an in-depth investigation into the origin and cause as well as swift handling of the case is therefore imperative for all parties involved.
We can help you successfully meet the requirements of environmental permits and, in doing so, the needs of regulators.
Flood studies are an essential first step towards understanding and managing flood risk. They illustrate flood behaviour and risk, quantify the impact of changes to hydrologic regimes and riverine channels/floodplains, and inform planning and environmental studies.
There is no prescribed methodology for demonstrating the necessary control measures that will continue to reduce risks to ‘As Low as Reasonably Practicable’ (ALARP). However, several basic approaches may be used to support the provision of evidence and justification.
Ports, marinas, harbours, and shipyards face many challenges regarding the risks associated with climate change and extreme weather.
Singapore's port has historically been a critical driver of Singapore's connectivity and competitiveness and will continue to be one.
The pandemic has accelerated the adoption of technologies for the shipping industry. The use of innovative tools and technologies can overcome border restrictions; for instance, with remote surveys and inspections, surveyors do not have to be physically present on-site or on board a vessel; instead, surveyors can now provide support, anytime, anywhere, with the use of the online connection, video streaming and other digital tools. But is a small survey the answer for every situation?
Ports and harbours are a critical part of global trade-led development for the ‘Blue Economy' and provide access to international markets and supply chains.
Singapore is transforming rapidly to position itself as a regional leader in new energy and speciality chemical and pharmaceutical sectors. Safety is paramount in these industries, particularly considering local land use challenges and process facilities located in urban settings or near congested ports. Process safety recommendations directly impact optimum land use and project economics. Therefore experience and expertise in these areas become critical to the success of new energy ventures.
By implementing Secure-by-Design principles and continuous assurance from the defence sector, two of our cyber security experts proactively address the unique cyber challenges faced in offshore wind, in a cost-effective manner, enhancing energy security and managing growing cyber risks.
