Risk Analysis

Our PRA methods cover the full spectrum of modes, hazards and sources – including external hazards – and can support nuclear and alternative power plants, transmission and distribution facilities as well as industrial and manufacturing operations. We are leading the industry with developing and using “living” PRAs to inform real-time processes. Our probability risk analysis uses fully-tested and proven PRA tools and techniques along with extensive libraries of historical operations and failure data to quantitatively derive the probability of occurrence of highly undesirable events or accidents to support sound decision-making.

A QRA is critical to understanding existing hazards, established mitigation programs and how exposed an engineering process is to these hazards. This knowledge from these models informs risk management decisions to optimize plant performance and safety.

To mitigate risk, our team can also inform electrical, mechanical, civil and fire protection engineering design. We leverage this expertise as well to present cost-effective modifications needed to meet PRA and QRA required outcomes.

Acceptability hinges on regulatory and code compliance. Our team of experts have an in-depth knowledge of applicable codes and regulations and can help with evaluations, equivalency calculations and variances, licenses and license transitions as well as assistance with the preparation for and third-party review of audits and assessments for fire protection and safe shutdown programs. We can also provide licensing services for safety analysis, design engineering, plant operations, human factors, technology evaluation and selection, and trade-off studies.

Our long-standing leadership role in risk analysis services has informed the development of key software solutions for risk management and fire protection across industries.