What If Analysis Workflow

Hazards Analysis: What-If Analysis

This workflow describes the process for conducting a What-If analysis by:

  • Defining the what ifs, causes, consequences, and safeguards in the analysis.
  • Assessing the unmitigated and mitigated risks
In the following workflow diagram, the blue text in a shape indicates that the corresponding description has been provided in the sections that follow the diagram. For more information, refer to the Interpreting the Workflow Diagrams topic in the APM Product Workflows documentation.
Note: For information on the personas associated with a APM module, refer to the APM Product Workflows documentation.
Create What-If AnalysisForm Hazards Analysis TeamDefine System/Node and Link Assets(s)Define What-IfDefine Cause and Link AssetAssess Mitigated RiskDefine Safeguard (or Layer of Protection)Assess Unmitigated RiskDefine ConsequenceCreate RecommendationAsset Strategy ManagementCreate New or Link Existing LOPALOPA

Create What-If Analysis

Persona: Analyst

Create a Hazards Analysis (of type What-If) to record the details of the What-If analysis. This is to analyze the potential causes of a hazard.

Form Hazards Analysis Team

Persona: Analyst

Form a multi-disciplinary team that will perform the Hazards Analysis. Assign the Facilitator role to one of the team members, and the Owner role to another.

Define What-If

Persona: Analyst

Create a What-If record to store the details of a process that can potentially deviate from normal conditions, which could result in a hazard.

Define Consequence

Persona: Analyst

Create a Consequence record to store the details of the impact of the hazard.

Assess Unmitigated Risk

Persona: Analyst

Before a safeguard is defined, assess the severity and frequency of the consequence for each aspect defined in a risk matrix. By default, these aspects are Safety, Health, Environment, and Financial. Depending on the Risk Matrix associated with the site, these aspects may vary. You can refer to the failure rate data of the piece of equipment or trip reports to assess the unmitigated risk.

Create Recommendation

Persona: Analyst

Create a Strategic Recommendation to provide suggestions about how to mitigate the risk. You can also promote the Recommendation to Asset Strategy Management (ASM).

Asset Strategy Management

Persona: Analyst

Asset Strategy Management defines the health monitoring requirements for an asset, or asset class, based on understanding the underlying failure modes and effects, in combination with the criticality of the asset. This process identifies candidate failure modes where health monitoring offers a significant reduction in risk. This workflow assumes that the Strategy has been approved, an Action has been created for each Risk where a health indicator is the identified mitigation, and the Actions are not yet implemented.

Go to the Asset Strategy Management workflow.

Define Safeguard (or Layer of Protection)

Persona: Analyst

Create a Safeguard record to store the details of the safeguard that will mitigate the risk, and specify if the safeguard is an Independent Protection Layer. If the Safeguard is a safety instrumented function (SIS), you must link the Instrumented Function to the Safeguard. The protective instrument loops installed on the instrumented function can mitigate the risk. The SIS Management module allows you to assess the SIL value for the instrumented function. You can link a Safeguard to assets (i.e., Equipment and Functional Locations). APM creates an Asset Group for all the assets that are linked to a System/Node and to the Causes and Safeguards in the System/Node.

Assess Mitigated Risk

Persona: Analyst

After a safeguard is put into use, assess the severity and frequency of the consequence for each aspect defined in a risk matrix. By default, these aspects are Safety, Health, Environment, and Financial. Depending on the Risk Matrix associated with the site, these aspects may vary.

LOPA

Persona: Analyst

Go to the LOPA workflow.