Applied Quantitative Risk Analysis (QRA)


Experienced Trainers

Online Education


Quality Course Material

Course Description

In the oil and gas industry, QRA is used extensively to evaluate overall risk associated with major hazards such as fires and explosions. It is also used to evaluate the benefits of engineering upgrades to safety systems. Traditionally, it has been the domain of specialist consultants, however, increased familiarisation with the techniques involved has resulted in engineering companies becoming more confident in using QRA to support their engineering activities and design decisions. The hazards that are analysed in a QRA are generally Major Accident Hazards.

The course is intended for those who have little or no knowledge of QRA or for those who wish to refresh and extend their knowledge. Its overall aim is to provide delegates with the skills to perform simple QRAs and be able to understand the processes used to perform such calculations.

The training course will expose participants to the principles of QRA, its use and the role it plays in the management of major accident hazards. It will equip delegates with the knowledge and skill necessary to undertake this vital risk analysis technique. The elements that make up QRA will be defined with practical industry example and exercises administered to allow appreciation of each element and its use.

Target Audience

  • Safety Managers and Supervisors
  • Technical and Process Safety Engineers
  • Graduates with science or engineering background
  • Anyone with interest in quantitative risk assessment technique

    Course Duration

    The training will be delivered over a period of 5 working days from Monday to Friday. This is necessary to ensure all topics and associated exercises are adequately covered at the appropriate level. Delegates are therefore required to attend the entire duration of the program to gain full appreciation of the topics and to equip them such that they are able to confidently apply the knowledge and make value-adding contribution on projects.

      Learning Outcomes

      Upon completion, delegates will acquire in-depth knowledge of :


      The principles, purpose and scope of QRA;


      The stages required to perform a QRA;


      The relevance and significance of the calculated risk indices;


      The evaluation of risk reduction measures;


      The conclusions drawn from the QRA;


      The role of QRA in the decision-making process;


      And to undertake simple QRA work.


      Available on Request

      Applied Quantitative Risk Analysis (QRA)

      Course Tutor


      Tayo Olusanya

      Tayo Olusanya


      Tayo Olusanya (C.Eng., MIChemE, PPSE) – Over 20 yrs. experience with more than 18 yrs. in process safety engineering in upstream, midstream, and downstream sectors of the energy industry.

      More Info

      He has been delivering process safety engineering training courses since 2012 including Hazard Identification, BowTie Risk Management and Quantitative Risk Assessment. He has trained delegates in Nigeria, Ghana, and in Europe. He is currently a volunteer competency assessor with IChemE UK for Professional Process Safety Engineering (PPSE) Registration His career has seen him work and consulted for some of the largest and most reputable energy companies in the world locally and internationally where he led multinational teams of process safety engineers and delivered complex process safety engineering work scopes on multi-billion-dollar projects (Concept, FEED, Detailed Design, Hook up & commissioning), and major brown field upgrades. He has written over 25 regulator approved Safety Cases for major hazard installations, chaired numerous process safety workshops (HAZOPs, Design reviews HAZIDs, Bowties, LOPAs) and completed many process and technical safety studies.’

      ““The trainer is very knowledgeable and his ability to disseminate information is stellar”

      –HSE Coordinator, First Independent Power Ltd


      Applied Quantitative Risk Analysis (QRA)



      5 Day - Intensive Training Event


      Price - $1,000



      Course Syllabus

      Hazard Identification
      • Identification and tabulation of hazardous events
      Frequency Analysis
      • Leak, ignition, accident event frequencies etc.
      Consequence Analysis
      • Fire, explosion, smoke, flammable gas, toxic gas
      • Fatalities: immediate, muster, Temporary Refuge, evacuation
      Risk Analysis
      • Risk to personnel & plant

      Phone (UK)

      +44 (0) 122 495 3173

      Phone (Nigeria)

      +234 (0) 818 711 8286 +234 (0) 908 2200 116


      Lagos Office

      287A, Corporation Drive, Dolphin Estate, Ikoyi, Lagos, Nigeria

      Aberdeen office

      7 Albert Street, Aberdeen AB25 1XX

      Contact Form Demo (#2)