ASQ RRD series webinar: Hazard Analysis Centered Risk Management
Presenter: Michelle Jirac
December 12, 2024
12:00 P.M. EST (US & Canada)
https://asq.webex.com/weblink/register/r974aa13cf6808b7a480fcf442196926a
In risk management, the selection of appropriate tools for analyzing, evaluating, and controlling risks is critical to ensuring safety, efficacy and compliance. While Failure Modes and Effects Analysis (FMEA) has traditionally been a cornerstone of the risk management process, hazard analysis offers a broader and more flexible framework. Unlike FMEAs, hazard analysis can serve as the primary document in a robust risk management system.
This presentation explores the benefits and challenges of using hazard analysis as the central tool, contrasting it with FMEA in terms of scope, adaptability, and efficiency. It examines how hazard analysis allows for a more holistic assessment of potential risks by focusing on overarching hazards rather than specific failure modes. Key points include the use of hazard analysis across different industries, how it can support regulatory and standard structures, and its potential to streamline decision-making by placing all the key information in one place.
By shifting the focus to hazard analysis, organizations can adopt a proactive, system-wide approach to risk management, ultimately enhancing safety and reducing business risks. The presentation will provide practical insights and real-world examples to illustrate the effectiveness of hazard analysis as the primary risk management document.