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Posts tagged with 'QRA'

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Analytical solutions VS Data Analytics - What are the differences?

Analytical solutions VS Data Analytics - What are the differences?

As the industry evolved, new buzz words are being used to describe new techniques and methods to support the decision-making in the asset performance management area. Two key (and very similar) terms can lead to confusion - Data analytics and Analyti ...

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New version of Phast and Safeti (7.2) now available

We are pleased to announce the release of Safeti and Phast 7.2. With this release, Phast and Safeti are now fully aligned on the version 7 platform, which means that Safeti customers can now take advantage of the many benefits and improvements intro ...

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International Software Summit Americas - registration is open!

International Software Summit Americas - registration is open!

The DNV GL - Software office in Mechanicsburg, PA USA is just minutes away from The Sweetest Place on Earth®, and we hope you’ll come visit us there from August 23-25, for the International Software Summit 2016 Americas event!   Hershey ...

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Why frequency analysis in QRAs?

Why frequency analysis in QRAs?

Risk equals Consequence X Frequency. But why is so important to account for the frequency of events? ...

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Eight questions about Operational Risk

Eight questions about Operational Risk

Today our post will be special – we managed to find some time in What are the main challenges when performing Operational risk analyses by Graham Bennett  Graham Bennett’s busy schedule and asked him: Eight questions about Operational Risk. F ...

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Perfect storm for the next major accident?

Perfect storm for the next major accident?

Examining major offshore accidents provides two key insights: accidents occur globally and their frequency is not declining. So, with the current oil price, are we lining up for a perfect storm for a major accident to happen? ...

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Pipeline QRA (Quantitative Risk Assessment) redefined

Pipeline QRA (Quantitative Risk Assessment) redefined

Executing a QRA of a pipeline has always been a resource and time intensive exercise. This is not the case anymore. There are many challenges involved but the key ones are setting up the study accurately and the ability to model and account for th ...

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Beyond Compliance – Risk-Based Operations

Beyond Compliance – Risk-Based Operations

Technological advances mean that the move from pure compliance based systems to performance based risk management or Risk Based Operations is future. How is DNV GL addressing these challenges? ...

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International Software Summit

International Software Summit

In 2015, we already delivered a number of Process Safety Risk and Reliability (PSR&R) sessions as part of our International Software Summit calendar and it has been a great pleasure to meet clients from all over the world. Being a Product Ma ...

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