This course aims to introduce the basic principles and fundamental techniques of risk and reliability analysis. Relevant concepts covered are of interest to most engineers as industry is increasingly adopting more risk-oriented approaches for optimisation of decision making process across a variety of engineering disciplines and related applications. Delegates attending this course will develop directly applicable skills through practical engagement of the most widely applied methods.
On completion of the course, you will:
- Obtain knowledge of the various methods of component and system reliability and risk analysis.
- Be able to evaluate risks as applied to different engineering disciplines and their associated consequences and propose ways to mitigate risk.
- Apply quantitative as well as qualitative methods for risk assessment.
- Obtain the ability to collect, evaluate and use data towards risk control and application of Risk Based Maintenance Management.
- Introduction to Risk Analysis, Risk Assessment and Safety Management: Risk Analysis, System boundaries, Uncertainty and Modelling.] Risk Analysis: Risk Identification and Assessment-(FMEA, HAZOP, PrHA etc), Assessing and Managing Risk, QRA, Risk Acceptance, Consequence and Targets, Decision Analysis, Risk Communication.
- Mathematics of Risk Analysis: Basic probabilities, Combined probabilities.
- Practical Session #1: Basic Probability problems, FMEA, HAZOP.
- Structural Systems: System Breakdown, Contributing Factor Diagrams, Decision Trees, Influence Diagrams, Process Systems and Modelling Methods.
- Quantitative Reliability Assessment: Definition of Fundamental Reliability Problem, Numerical Methods, Statistical distributions, Monte Carlo Simulation
- Empirical Reliability Analysis: Failure and repair, Availability, Reliability, Failure Rates, MTTF/MTB, Hazard Functions, Reliability Models, Assessment of Hazard Functions, Exponential Distribution.
- Introduction to Bayesian Networks: Mathematical formulation, Worked examples.
- Reliability Analysis of Systems: Systems in Series, Parallel and Mixed, k-out-of-n systems, Embedded Redundancy, Worked examples.
- Failure Consequences and Severity: Assessment Methods, Cause-Consequence Diagrams, Functional Modelling, Real Asset Damage, Loss of human life, Indirect Losses, Public Health and Environmental Damages.
- Risk Control: Objective, Risk Aversion, Insurance for loss control and risk transfer, Risk actuaries and insurance claim models, Cost-benefit analysis.
- Risk Based Maintenance Management: Inspection and Maintenance Methodology, Development of optimal maintenance policy.
- Practical Session #2: Examples in QRA and systems reliability assessment.
- Regulations/Standards/Hazards Assessment: Safety Engineering, Learning from accidents, Human factors, Regulations, Fire and explosions risk analysis.
- Case Study of Accident Assessment
- Asset Integrity Management
- Practical Workshop: FMEA, HAZOPs, Event and Fault Tree Diagrams.
Who should attend?
This training is suitable for mechanical, process, energy engineers and professionals that want to obtain knowledge on applied aspects of risk and reliability engineering.
The course comprises four days of theoretical background followed by a one day practical workshop.
This short course is a module of MSc in Process Systems Engineering and MSc in Advanced Mechanical Engineering which are accredited by the Engineering Council, Institution of Mechanical Engineers (IMechE), Energy Institute and the Royal Aeronautical Society (RAeS) and the Engineering Council and the Institution of Mechanical Engineers (IMechE) respectively.
*PLEASE NOTE: Course dates provided are provisional and may change; confirmed course dates will be provided shortly or upon registration for the course.