Risk and Reliability Engineering

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Risk and Reliability Engineering Training

Course overview

To introduce the principles and techniques of risk and reliability analysis and develop skills through practical application of methods.

Course Objectives

On completion of the course, the delegate 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.

Course Topics

  • 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?

Mechanical, process, energy engineers and professionals that want to obtain knowledge on applied aspects of Risk and Reliability Engineering.

Course Delivery

The total length of course is five days (four days of theoretical background followed by a one day practical workshop). All delegates will receive a Certificate of Attendance at the end of the course

Duration: 5 Days

Cost: £1700 + VAT

Risk and Reliability Engineering Training, Aberdeen, Glasgow, Inverness, Edinburgh, Dunfermline and other sites throughout the UK including onsite closed company courses are available.

Risk and Reliability Engineering Training Saudi Arabia, Bahrain, Kuwait, Qatar, Abu Dhabi, Dubai, India, Ghana and Nigeria is also available.

Oil and Gas Training Aberdeen


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Scheduled Courses:

    DateCourse NameLocationPriceBook
    13 Nov - 17 NovRisk and Reliability EngineeringCranfield£1895Book Now