An overview of Risk Management and Assessment Methods in Industrial Units
Authors
Iskandar MUDA
Professor, Department of Doctoral Program, Faculty Economic and Business, Universitas Sumatera Utara, Medan, Indonesia, 20222, Jl. Prof TM Hanafiah 12, USU Campus, Padang Bulan, Medan, Indonesia
Qurratul Aini
Universitas Muhammadiyah Yogyakarta, Indonesia
Toshbekov Bobur Bakhrom Ugli
Bachelor of Arts in International Relations, Webster University in Tashkent
Shadi Atallah
College of Engineering and IT, University of Dubai, Academic City, 14143, Dubai, UAE
Harikumar Pallathadka
PhD, Manipur International University, Imphal, Manipur, India
There are several methods of risk assessment in the world, which are usually used to identify, control and reduce the consequences of risks. According to several cases such as the purpose and level of use and the type of available information, risk assessors usually use one of the most appropriate risk assessment methods. In this research, the theory of risk assessment and management methods is presented first. Then, based on the mathematical model and the introduction of the bowtie risk management method, and by reviewing the previous works, their performance has been checked. Finally, the performance of the HAZOP method for risk management of an industrial example is presented.
