Quantified Risk Analysis

Online | In-company

Overview

Learn how to evaluate risk using the Quantified Risk Analysis (QRA) method – the numerical combination of severity of consequence with frequency of event.

This course will help you better understand different types of risk and how they are calculated. You will learn how to select scenarios to be modelled, and how to determine appropriate data as inputs. It will explore how risk results are interpreted and how QRA can be applied to practical engineering solutions. Demonstrations of Occupied Building Risk Assessment and As Low As Reasonably Practicable (ALARP) will be provided. The course will use a mix of theory, practical exercises and discussion.

Learning outcomes

By the end of the course, you will understand:

• the definitions of risk
• how to select cases to be modelled
• how to build a QRA model
• how to calculate risk and interpret the results.

Who will benefit

• Managers, supervisors, engineers, safety personnel and others involved in commissioning and reviewing of QRA studies
• Graduates, chemical and other engineers may find it beneficial in the preparation of the Chartered Member application

What delegates say

"The course was well structured and gave the theory as well as practical examples that demonstrated the theory very well. Helen was an excellent tutor and her comprehensive understanding of the subject was clearly delivered." 
L Reddy, CONSUB Switzerland

"Great course material, great exercises. Helen was superb, she knows her stuff and is a great communicator. The pre-course work helped me keep up during the [live] sessions."
A Cotter, Gas Networks Ireland

Course outline

• Introduction to risk
• Definition of scenarios
• Derivation of event frequencies
• Calculation methods for risk
• Occupied Building Risk Assessment
• ALARP demonstration
• QRA limitations and best practice

Upcoming courses

Online 

Online courses consist of three live and interactive modules with the trainer. There will also be some work to complete independently before the course and between the live sessions. More details will be provided after you have registered.

From 17 February 2025

• Module 1 – 17 February 2025, 14:00–17:00 GMT
• Module 2 – 20 February 2025, 14:00–17:00 GMT
• Module 3 – 25 February 2025, 14:00–17:00 GMT

Live sessions are delivered via Microsoft Teams. If you don't already have this installed, you can join as a guest in order to access the training.

Face-to-face 

• 30 April–1 May 2025, Rugby, UK

Not available then?

Register your interest in alternative dates.

Fees

• IChemE member – £1,200 + VAT
• Non-member – £1,500 + VAT

How to register

Select your preferred course from the list of upcoming start dates and go to the 'Book course' button at the bottom of the page.

More than one person to train?

Multi-place discounts

Discounts are available to companies booking more than one place. Bookings must be made at the same time to receive the discount.

• 2 places – 10% discount
• 3 places –15% discount
• 4 or more places – 20% discount

In-company training

This course can be delivered to corporate teams, either on-site or online. This could be a cost-effective option if you have several people requiring the training. Content can be tailored to your specific requirements. Request a quotation.

Attendance certificate & CPD hours

An e-certificate will be issued at the end of the course to confirm attendance and CPD hours logged. Please note that you must attend all modules to receive the certificate.

CPD hours should be used as an approximate guide and will vary depending on the preferred approach of the delegate and to what extent additional learning is completed.