Quantitative Risk Assessment (QRA)

Learn how to perform Quantitative Risk Assessment (QRA) to support risk-informed decisions in major hazard industries. This course combines core QRA principles with practical techniques, real-world applications, and regulatory insights.

Course information

Quantitative Risk Assessment (QRA) training is available in the following formats

Delivery

Self-study Module

Level

Awareness

Certificate

Attendance

Duration

½ day

CPD

4 hours

Learning objectives

  • Explain the purpose, scope, and benefits of QRA in major hazard risk management
  • Identify and collect the key data inputs required for a QRA, including hazard, frequency, and consequence data
  • Describe the main components and workflow of a QRA, from hazard identification to risk evaluation and communication
  • Apply corporate and regulatory risk criteria and tolerability frameworks to assess QRA outcomes
  • Use QRA outputs to support ALARP demonstration, options analysis, emergency planning, land use planning, and stakeholder communication

Key contents

  • Introduction to QRA: principles, context, and role in risk management
  • QRA workflow: from hazard identification to risk evaluation and decision-making
  • Key data inputs: hazard data, frequency estimates, consequence modelling
  • Risk criteria and tolerability frameworks: corporate standards and regulatory expectations
  • Application of QRA outputs to ALARP demonstration, options selection, emergency response, and land use planning
  • Effective communication of QRA results to technical and non-technical audiences
  • Overview of regulatory frameworks, compliance obligations, and industry guidelines

Prerequisites

Basic knowledge of process engineering, safety management, or risk modelling is recommended. Prior experience with QRA methods or software is not required.

Register for Quantitative Risk Assessment (QRA) training

Register for Quantitative Risk Assessment (QRA) training

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