Quantitative methods for application to risk assessment

Reference no: EM133149290

Learning outcome

Upon successful completion of this presentation a student will be able to:

i. Employ a range of qualitative and quantitative methods for application to risk assessment

ii. Assess relevant documents and communicate the essential and important points

Hazard and Operability Study

The storage tank system shown in the figure below is used to store process material. Overfilling of storage tanks is a common problem in the process industries. To prevent overfilling, the storage tank is equipped with a high-level alarm and a high-level shutdown system. The high-level shutdown system is connected to a control valve that stops the flow of input stock.

Develop a presentation that produces the following:

1. an event tree for this system using the "failure of level indicator" as the initiating event

2. a fault tree for the top event of "storage tank overflows."

Attachment:- Fault Tree Analysis FTA.rar

Reference no: EM133149290

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