The Summer 2023 newsletter focuses on Quantitative Risk Assessment methods, tools, and resources. Stay aware of properly identifying process safety risks. Read this in-depth guide to risk matrices and how to design an effective risk matrix for your organization. This newsletter includes access to a PStv® Safety Moment video for lessons learned from a lack of hazard identification, and understand the steps of a successful HIRA that can be implemented at your facility. You'll also get a look at the U.S. Chemical Safety and Hazard Investigation Board's investigation into a fatal fire and explosion of a 2013 incident in West Texas. Several factors had contributed to the severity of the explosion, including poor hazard awareness. This includes an additional resource, the Operational Risk Management Tools white paper, describing an effective methodology for streamlining hazard scenario identification and development for large, site wide, refinery quantitative risk assessments.
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