Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

a) Describe the steps performed in a traditional Norwegian offshore quantitative risk analysis (QRA) based on the Norsok Z-013 standard in order to calculate the potential loss of life (PLL). The discussion should be limited to personnel risk from ignited gas release in the process area.

Headlines (steps) to be used in the description: - Hazard identification - Leak frequency - Gas dispersion - Ignition potential - Fire modelling - Explosion modelling - Modelling of accident sequences - Fatality calculations (PLL)

Materials ; Task 1: Flage, R. and Aven, T. (2009) Expressing and communicating uncertainty in relation to quantitative risk analysis. Reliability & Risk Analysis: Theory & Application, 2(2), 918

b) Discuss the strength of the background knowledge in each of the steps described in a) by evaluating the following: - Validity of assumptions - Level of understanding of relevant phenomena - Availability of data - Level of agreement/consensus among experts

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92018102
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

Explain why integrating organizational functions using

Explain why integrating organizational functions using enterprise systems for the organization is preferable/necessary. Please Include the following items with your rationale: main benefits & impact with example for GBI ...

If you know your raw score is 35 your z score is -3 and

If you know your raw score is 35, your z score is -3, and your t score is 20. The mean is 50 and the standard deviation is 5. How would you use this information to solve for a percentile rank?

Describe the difference between financial accounting and

Describe the difference between financial accounting and managerial accounting. Give examples of the uses of each one.

How do you think diversity communication and organisational

How do you think diversity, communication and organisational structure could potentially constitute strong aspects of organisational culture? Why is it important for the manager to consider this relationship?

What are some attributes of an effective leadership

What are some attributes of an effective leadership system?

You all work in or know of people who work in enterprise it

You all work in or know of people who work in enterprise IT environments Maintaining the enterprise security posture, legal risk, and security is constantly changing. What makes it so difficult to maintain information se ...

This is some code i have been working on it is a menu with

This is some code I have been working on. It is a menu with an option to input employee information and a table to view it in. The code works for the most part - except after you have filled the maximum number of employe ...

What is your concept of e-commerce and how has the internet

What is your concept of E-Commerce and how has the internet changed everything?

Business process management assignment -assignment -

Business Process Management Assignment - Assignment - Analysing and Designing To-Be Business Process for Swinburne Cares Foundation Outline -   This assignment requires you to  continue working  on the business and proce ...

Discuss the question of a common mortality that people of

Discuss the question of a common mortality that people of all nations could share. Is there one moral philosophy that seems to be applied across nations? If so which one and why? Not so, why? Share the individual standar ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved