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.
Key contact
Business Development Manager
UK and Europe
Head of Business Development
Head of Business Development
Southampton, UK
+44 (0)23 8022 6655 ship-design@bmtglobal.comAustralia and Pacific
Business Development Manager, Maritime & Defence
Business Development Manager, Maritime & Defence
Singapore
+65 6517 6800 (804) ship-design@bmtglobal.comSingapore
Commercial Manager
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:
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:
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.
With proven process and experience in arc flash analysis, we help protect workers from dangerous incident energy exposure.
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.
We offer fire safety engineering services to help protect human life and assets.
The global professional body for safety, reliability, and risk management practitioners
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The Coronavirus outbreak will shape risk management in a way that few other events have. Whilst its full impact is still unknown, there are already lessons to be learned for project practitioners.
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.