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Risk Management: Case Study Analysis of Domino Effects

   

Added on  2023-06-07

19 Pages4418 Words201 Views
Leadership ManagementData Science and Big DataMaterials Science and Engineering
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Assessment Task 1 Case
Study Analysis
Risk Management: Case Study Analysis of Domino Effects_1

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CASE STUDY 1..............................................................................................................................3
Case description and setting the boundaries................................................................................3
Stakeholder analysis including Indigenous communities............................................................4
Inherent risk determination..........................................................................................................7
Causal chain analysis...................................................................................................................8
CASE STUDY 2..............................................................................................................................9
Case description and setting the boundaries................................................................................9
Stakeholder analysis including Indigenous communities..........................................................10
Inherent risk determination..........................................................................................................1
Causal chain analysis...................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
Risk Management: Case Study Analysis of Domino Effects_2

INTRODUCTION
Risk management is considered as the procedures of determining, analysing and controlling
monetary, legal, security and strategic risks to an entity’s earnings and capital [9]. Within the case
of engineering or technical risk, risk management is undertaken to means the procedures of
evaluating exposure to loss as well as considering effective way for obviating the threats or
minimise this towards level of acceptance. This is therefore vital for engineer to acknowledge the
steps of risk management. The topic chosen for this report is Domino effects. This is the accident
wherein a fundamental unexpected event into an installation simultaneously riggers one or above
secondary unexpected events into nearly installations, that leads to secondary as well as even high
order accidents, which outcomes in whole consequences [1]. The aim of this is to discuss the
about the two different case study for identifying the risks, determining the consequences and its
effect upon indigenous individuals.
MAIN BODY
CASE STUDY 1
Case description and setting the boundaries.
In about 23rd march, 2005 at 1:20 p.m., an explosion series is occurred known as BP America
Refinery Explosion at BP Texas city refinery at the period of restarting of hydrocarbon
isomerisation unit. Moreover, in around 15 staff were killed as well as 180 other were injured. In
addition to this, various of the victims were in or across task trailers situated near an atmospheric
vent stack [6]. Also, the explosions incurred while a distillation tower flooded along with
hydrocarbons as well as was under pressurised, causing a geyser such as release from the stack of
vent. In respect of this some boundaries are sets such as:
Determine their procedures units of refinery for assuring that vital equipment process is
protectively designed. At a minimal, it have to be assure that distillation towards have
effectual instrumentation as well as control system for preventing overfilling like various
indicators level and efficient automatic controls. The other one is configuring control
boards represents to clearly highlight balance of material for distillation towers.
Work with the United Steelworkers Union and Local 13-1 to installation a joint utility that
promotes the reporting, investigation, and assessment of incidents, near-misses, way
upsets, and predominant plant dangers with out worry of retaliation [7]. Ensure that the
program tracks pointers to completion and stocks schooling located out with the body of
people.
Risk Management: Case Study Analysis of Domino Effects_3

Ensure that instrumentation and technique machine vital for comfy operation is nicely
maintained and examined. At a minimal, a. Establish a gadget database that captures the
records of trying out, inspections, restore, and successful artwork order crowning glory.
Analyse repair trends and adjust protection and attempting out periods to save breakdowns
[2]. Require repair of broken technique device preceding to unit start-ups.
Improve the operator training software. It is essential for offering operators effective
training so that safety procedures are appropriate followed [17.]. At a minimal, Face-to-
face schooling performed thru personnel with approach-specific understanding and revel in
who will have a observe trainee competency, and Schooling on spotting and coping with
normal conditions which embody using simulators or comparable training machine.
Require extra board operator staffing inside the path of the startup of method gadgets.
Ensure that danger reviews cope with staffing ranges in the direction of uncommon
conditions which incorporates startups, shutdowns, and unit upsets.
Stakeholder analysis including Indigenous communities.
Stakeholder analysis is considered as the procedures to identify these individuals before the
projects initiates as well as team up based upon its anticipation levels, interest and influence
within project and ascertain how effective to included & communicate all these group of
stakeholder throughout [11.]. In respect of BP America Refinery Explosion in Texas city, the
stakeholders are categorised in two that are primary and secondary. Both of them are presented by
performing stakeholder analysis:
Stakeholders Interests Likely impact of
theproject
Priority
Primary
Engineers
Managers
Monitoring and
performing the overall
activities into sites.
All aspects are to be
kept into its position as
a main player and
make them to perform
effectively.
Have much
+
_
_
+
1
1
Risk Management: Case Study Analysis of Domino Effects_4

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