Broadleaf Capital International is a specialist risk management consultancy. Our expert team brings decades of experience, leading methods and a deep understanding of uncertainty and how it can be understood and managed. We operate around the world.
This case illustrates the value of qualitative and quantitative risk analyses in refinery upgrades that had to be completed within the strict time constraints imposed by tight shutdown windows. Schedule impacts drove the qualitative assessment, and a quantitative analysis of uncertainty associated with the schedule was completed. Several forms of sensitivity analysis were used to highlight where additional project effort might be worthwhile.
This case illustrates the value of qualitative and quantitative risk analyses in refinery upgrades that had to be completed within the strict time constraints imposed by tight shutdown windows. Schedule impacts drove the qualitative assessment, and a quantitative analysis of uncertainty associated with the schedule was completed. Several forms of sensitivity analysis were used to highlight where additional project effort might be worthwhile.
Organisations use root cause analysis to learn lessons from both successes and failures, and then to develop plans that will improve performance. This tutorial describes consistent and systematic methods that can be adopted for learning lessons and generating improvements. It describes two methods: fishbone analysis, and cause and effect analysis.