Dynamic Risk Advisor: A Real-Time Risk Analysis Tool for Process Safety Management

Dynamic Risk Advisor is a risk management tool developed combining two risk assessment methods (Bowtie and LOPA). This tool is a web application that helps managers, supervisors, and crew members to identify vulnerabilities on operational safety barriers. As a web application, Dynamic Risk Advisor aggregates information from different management systems (e.g., IBM MAXIMO, DRAKE) and shows in real-time the process safety barrier health situation. Furthermore, using LOPA technique it is possible to calculate the hazardous scenario tolerability also in real time, once Dynamic Risk Advisor considers the number of active and degraded barriers.