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- W2503386204 abstract "This chapter uses a simple risk analysis example as a starting point for a discussion on how to consider a Bayesian approach to risk analysis and search for practical solutions. It discusses a case study of a process plant on an offshore oil and gas platform. As part of the risk analysis of the plant, a separate study is to be carried out of the risk associated with the operation of a control room placed in the compressor module. The purpose of the study is to assess the risk to the control room operators as a result of possible fires and explosions in the module, and evaluate the effect of implementing risk-reducing measures. Based on this study, a decision will be made on whether to move the control room out of the module or implement other risk-reducing measures. The chapter also discusses an alternative approach based on subjective probabilities." @default.
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- W2503386204 date "2014-01-10" @default.
- W2503386204 modified "2023-09-28" @default.
- W2503386204 title "Uncertainty representation and propagation in the risk assessment of a process plant" @default.
- W2503386204 doi "https://doi.org/10.1002/9781118763032.ch12" @default.
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