Risk Assessment & Management
Understand Risk. Evaluate Consequences. Identify Risk Reduction Measures.
Effective risk assessment helps organizations understand potential hazardous events, evaluate their likelihood and consequences, and identify appropriate measures to prevent incidents or reduce their impact.
Premium Safety Solutions provides risk assessment and management support tailored to the needs of projects, facilities, and organizations.
Process Safety Risk Assessments
We support the structured evaluation of process safety hazards and risks to help clients understand significant scenarios, existing controls, and potential areas for improvement.
Activities may include scenario identification, review of causes and consequences, evaluation of available safeguards, and documentation of findings and recommendations.
Bow-Tie Analysis
Bow-tie analysis presents a hazardous event through its potential causes, preventive barriers, consequences, and mitigating barriers.
Our support may include:
Identification of the top event and relevant scenarios
Documentation of threats and potential consequences
Identification and review of preventive and mitigating barriers
Documentation of barrier-related findings
Identification of potential improvements
Risk Registers and Action Tracking
Risk registers help organizations document and manage identified risks, while action tracking supports follow-up on recommendations and assigned tasks.
Support may include:
Development or review of risk registers
Documentation of risk assessment findings
Organization of recommendations and action items
Tracking of responsible parties, status, and due dates
Support for review and closeout processes
Consequence Analysis Support
Consequence analysis examines the potential outcomes of hazardous events. Depending on the project requirements, our support may include reviewing scenario assumptions, interpreting available consequence analysis results, and incorporating relevant findings into process safety studies or risk assessments.
The specific analyses, tools, and technical methods used will depend on the agreed scope and available capabilities.
Our Approach
Each risk assessment is shaped by the nature of the process, the available technical information, the applicable assessment criteria, and the decisions the client needs to make.
We aim to provide clear documentation and practical findings that support risk-informed engineering and operational decisions.