Step by step guide to formulating a complete Quantitative Risk Assessment report
Follow the format as shown below:
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Introduction of the activity ( transportation, storage, handling etc.)
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Hazard Identification
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Consequence Analysis
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Toxic (Dispersion Analysis)
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Fire (Radiation)
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Explosion (Overpressure)
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Frequency Analysis
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Individual Risk Fatality
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Before you start, its best that you understand what Quantitative Risk Assessment is about.
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​Upon completeing an introduction of the activity and the identification of its hazards, create a worst case scenario of your activity.
Click here for the template on creating The Analysis.
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The Analysis is an incomplete version of a Quantitative Risk Assessment report as it lacks information on toxic and dispersion analysis, frequency analysis and individual risk fatality.However, the guide for the dispersion analysis can be found here while more information on toxic analysis,frequency analysis and individual risk fatality can be found here.