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 describes an investigation into the fire safety requirements of a plant processing methane-rich waste gas from nearby mines. It demonstrates the value of tailoring the fire safety advice for the circumstances. In this case, instead of a detailed quantitative assessment of all possible fire scenarios, a comprehensive qualitative review of the fire scenarios and the general principles for their management was undertaken.
This case describes an investigation into the fire safety requirements of a plant processing methane-rich waste gas from nearby mines. It demonstrates the value of tailoring the fire safety advice for the circumstances. In this case, instead of a detailed quantitative assessment of all possible fire scenarios, a comprehensive qualitative review of the fire scenarios and the general principles for their management was undertaken.
This tutorial is drawn from Broadleaf’s long experience with project range analysis, also referred to as quantitative risk analysis or probabilistic risk analysis. It describes some key lessons about project range analysis, and what constitutes good practice. The material covers the analysis of both costs and schedules; the same principles apply to both.