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
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
Previous delegates said
- 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
Upcoming courses
Online
Online courses consist of three live and interactive modules with the trainer on the dates indicated together with pre-recorded video content for independent study alongside the live sessions.
From 2 October 2023
- Module 1 – 2 October 2023, 10:00–13:00 BST
- Module 2 – 5 October 2023, 10:00–13:00 BST
- Module 3 – 9 October 2023, 10:00–13:00 BST
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
No scheduled dates.
Not available then?
Register your interest in alternative dates.
Fees
- IChemE member – £1140 + VAT
- Non-member – £1425 + 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 this 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.
Associated course
Process Risk Assessment
Learn about risk assessment in the process industries and why it is key to protecting against process safety incidents.

Trainer
Helen Fennell
Helen Fennell graduated in Chemical Engineering from Loughborough University in 1997. Since then she has had roles across Operations, Design, Commissioning and Process safety, including senior technical authority roles in Process Safety Management. She has worked across diverse industries including utility systems, onshore and offshore oil and gas facilities, reforming, high hazard installations, cryogenics and novel processes.
Helen has a proven track record of delivering engineering solutions to ensure risks on both greenfield and brownfield projects are ALARP against a backdrop of aggressive schedules and regulatory compliance criteria. Project values range from US$20 Billion down to small discrete studies for operating facilities.
In 2014, Helen set up Inherent Safety Consulting Limited to provide specialist process safety services including process safety studies and hazard review chairmanship. She is an experienced hazard review chairman with over 80 hazard reviews chaired, including What-If, HAZID/ENVID, HAZOP, SIL, LOPA, ALARP, SIMOPS and WEHRA.