Fundamentals of Risk Management for Process Industry Engineers

Download or read book Fundamentals of Risk Management for Process Industry Engineers written by Maureen Hassall and published by Elsevier. This book was released on 2023-04-19 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Risk Management for Process Industry Engineers outlines foundational principles of human-centered, sociotechnical risk management, and how they can be applied to deliver real improvements in risk identification, understanding, analysis, control, communication, and governance. To maximize sustainable competitiveness requires the identification and optimization of the range of risks that can impact a business. Hence, understanding the foundational principles of sociotechnical risk management is required to design and execute effective risk identification, optimization, and management strategies. - Covers the foundations of risk management - Explains how risk management and professional engineering practice are interrelated - Describes the role and importance of humans in risk management activities - Discusses the fundamentals surrounding how to identify, assess, treat, monitor, and review risks in high hazard industries - Presents the range of operational risks faced by process companies, including safety and health, environmental and social risk, project risk, and supply chain risk