Medium Complexity Methods

The FTA (fault tree analysis) is a scientific method for detailed fault analysis. It serves the systematic identification and documentation of possible causes for errors or misconduct. Found causes are broken down as precisely as possible to get a comprehensive fault analysis.

The Monte Carlo simulation is one of the stochastic simulation methods in which random numbers are used within certain ranges for the calculation of the scenarios. To estimate risks or decisions under uncertainty, stochastic and dynamic methods are almost exclusively used today. With the help of Monte Carlo simulation, the impact of different decisions and their probability of occurrence can be estimated using synthetic data. It is a calculation method to simulate extreme cases, but also to secure everyday decisions. This makes it usable for a wide variety of industries.

The preliminary hazard analysis (PHA) is a semi-quantitative risk analysis methods that is used to identify potential hazards and the corresponding top events (risks). The PHA sheet identifies as well the required measures and follow-up actions to control the hazard sources. The PHA should consider hazardous components, facilities, safety-related equipment, and environmental constraints.

The Seatrack Web system consists of three main parts: forcing in the form of forecasted flow and wind felds, an oil drift model and a graphical user interface. The oil drift model PADM has been jointly developed by the Swedish Meteorological and Hydrological Institute (SMHI) and the Danish Maritime Safety Administration (DAMSA). It is executed whenever a Seatrack Web user requests a simulation. The graphical user interface has been developed at SMHI and is based on open source GIS-server technology, i.e. the user interacts with georeferenced data in a map. The SeaTrack Web tool can be used to analyze the consequences of oil spill drift to a particular sea area, Where does the oil spill drift to in the sea area. The method is selected based on the cooperation with the OpenRisk Project.

The SWOT analysis is an instrument of strategic corporate management with which strengths and weaknesses of the company or its supply chain, as well as the opportunities and threats in the environment, can be uncovered. The resulting findings can be used to identify risks by comparing the requirements of the market with the potential of the company or supply chain. Finally, identified weaknesses are to be regarded as risks, whereby these can be both strategic and operational in nature.