Quantitative Risk Assessment

BMT brings global and cross-sector experience to this widely used risk management method.

Our capabilities are backed with industry-recognised software and technology, enabling us to quantify risks and assist companies in making sound safety and management decisions.

The demonstration of acceptable risk levels is almost always required in order for major hazard construction plans to move forward. This includes transmission pipelines, oil, gas and chemical storage facilities and process plants and offshore platforms which may have impact in the urban environment.

BMT is able to identify hazards and evaluate the associated risks of these developments by conducting Quantitative Risk Assessments (QRA). Regionally, we have solid experience in Hong Kong, Singapore, Malaysia and Indonesia.

Effective QRAs can help to identify significant risk contributors, provide useful input for demonstration of As Low As Reasonably Practicable (ALARP), estimate possible human or property loss and evaluate risks to selected target groups.

QRA studies can also help customers meet statutory and corporate requirements on land use planning.

Consequence Modelling

BMT has extensive experience in conducting QRAs using industry-recognised modelling software PHAST Risk. This helps customers estimate the impact zones of hazardous scenarios as well as identify the worst case and dominant risk scenarios, for layout optimisation, design adjustment and further risk mitigation measures. A QRA study can also play a vital role in achieving statutory and corporate requirements on land use planning.

Learn more about our Oil and Gas service offer.