Is the specialist data going into your quantitative studies getting maximum re-use?
There are certain situations that demand a quantitative response, VelocityEHS’ Risk Management Software provides you with all the firepower you need, without expensive add-ins or data manipulation.
Normally, quantitative analysis is implemented as a specialised tool or an overlay over the qualitative analysis, but the VelocityEHS Risk Management calculation engine is quantitative by default.
Switching a bowtie between qualitative and quantitative mode is a simple and instant process that means that your quant bowties can be reviewed by operational and maintenance staff at the same time as the asset reliability and safety case team without loss of context or detail.
Support for a wide range of automatically calculated risk ratings is provided too, including Initial, Inherent, Current and Proposed, the latter only responding to the risk reduction provided by Proposed Controls.
Of course with this capability built-in, it’s no wonder that our Risk Management solution delivers Layer of Protection Analysis (LOPA), Probable Loss of Life (PLL), Cost-Benefit Analysis and many other extensions, with the same easy to use simplicity.
Quantitative Bowtie data is available via a variety of safety case reports or can be exported to Excel for further end-user analysis.
Leveraging bowties to meet the needs of operations, maintenance and regulators has never been easier.