Templates
Risk Management
Hazard Identification and Risk Analysis in Risk-Based Process Safety Management
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Hazard Identification and Risk Analysis in Risk-Based Process Safety Management

Explore our comprehensive workflow for identifying hazards and analyzing risk in process safety management to optimize control measures and safeguard processes.
1
Identify hazards involved in the process
2
Categorize each identified hazard
3
Assess the severity of each hazard
4
Identify the probability of each hazard occurring
5
Calculate risk by combining severity and probability
6
Analyze the effectiveness of existing risk control measures
7
Approval: Risk Calculation Verification
8
Ascertain potential impact of the hazards on the process
9
Evaluate if additional risk control measures are required
10
Develop and recommend additional risk control measures
11
Approval: Proposal for Additional Risk Control Measures
12
Implement the approved additional risk control measures
13
Monitor the effectiveness of the implemented measures
14
Conduct a follow-up hazard and risk analysis
15
Reevaluate the risk control measures
16
Approval: Follow-up Analysis and Reevaluation
17
Document the risk analysis process and the results
18
Update the risk management plan with new findings
19
Disseminate the updated risk management plan to stakeholders
20
Approval: Updated Risk Management Plan Distribution