Risk Assessment Services

Risk assessment is a step in a risk management procedure. Risk assessment is the determination of quantitative or qualitative value of risk related to a concrete situation and a recognized threat (also called hazard). Quantitative risk assessment requires calculations of two components of risk; the magnitude of the potential loss, and the probability that the loss will occur. \r\rwe carry out risk assessment for existing as well as proposed units using most prevalent and relevant methodologies that involve the steps of identifying hazards associated with the operations and selecting worst case scenario for consequences estimation. Adopting reputed software models for consequences estimation. We suggest risk reduction measures for effective implementation which is based on effective frequency of occurrence.