Risk management and employment of advanced methods of risk estimation
Abstrak
The paper studies the methods applied in risk management and estimation. The brainstorming techniques, Delphi, the method of event tree analysis (ETA) and fault tree analysis (FTA), failure modes and effect analysis (FMEA), hazard and operability study are wide used. The pros and cons of risk management methods applied in world practice by leading companies were analysed. As a technique based on the study of logical connection between the hazardous events, “Tree event” method has its advantages. At the same time, the failure modes and effect analysis differs with simplicity and accessibility. It was defined that this technique is used as one of the most important tools in risk management almost in all spheres including petrochemistry and power economy. It is recommended to use HAZOP method in the analysis of project solutions and for risk estimation in later design stages. It is pointed out that in the context of improvement of risk management system, more qualitative risk estimation, the employment of advanced methods plays a significant role for goal achievement in the company and project decision-making as well.
Penulis (4)
State Oil Company of Azerbaijan Republic
A.S. Abdullaev
N.A. Abbasov
”Oil-Gas Scientific Research Project” Institute, Azerbaijan Republic
Akses Cepat
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- 2020
- Bahasa
- en
- Sumber Database
- CrossRef
- DOI
- 10.37474/0365-8554/2020-3-52-57
- Akses
- Terbatas