A Quantitative Risk Assessment (QRA) study is an invaluable method for making informed risk-based process safety planning decisions, as well as being fundamental to any facility siting decision-making. Evaluating the risk levels of a process due to potential Loss of Containment scenarios (LOCs) is the main purpose of a QRA.
Join us on Wednesday, November 5 and Thursday, November 6, 2025, for this live instructor-led course facilitated by Ram Goyal and gain a foundational understanding of risk quantification principles, techniques, and practices as they apply in the chemical, petrochemical, oil, gas, and process industries, where the inadvertent release of flammable and/or toxic substances can potentially cause harm to people, the environment, or facilities.
Learners will be introduced to the key components of QRA, such as estimating the frequencies or rates of events with potential for hazardous outcomes, release rates, flammable material pools, vapor cloud dispersion, and subsequent harm from fires, explosions, or toxic vapors. They will gain a clear understanding of what the current industry’s best practices are in determining (un)acceptability of the risk, computed both in terms of Individual Risk and Societal Risk, and how to reduce an identified risk to a level As Low As Reasonably Practicable (the ALARP principle).
Our instructor, Ram Goyal, is an experienced process safety consultant who is well known for his contributions to QRA-based decision making and the author of “Management of Change” Chapter 9 in the UK IChemE book Process Safety Management and Human Factors. Prior to joining ioMosaic Corporation, Mr. Goyal held roles at two national oil companies in the Middle East, a major US oil firm, a large engineering company in Houston, and a state-owned enterprise in the UK.
The course is delivered virtually and provides a dynamic learning environment anywhere without sacrificing effectiveness. Learners interact and collaborate in real-time. They can ask questions, talk to the instructor, and take part in group discussions. Your team gets the training they need without incurring the costs of travel and time away from the office.
Earn CEUs: 1.2 | PDHs: 12
Wednesday, November 5, 2025 9:00 am – 4:00 pm CST Thursday, November 6, 2025 9:00 am – 4:00 pm CST
This course is suited for site management, engineering, risk management, and process safety professionals seeking a quantitative risk analysis method for evaluating and reducing risk to an acceptable or tolerable level.
To ensure a smooth Microsoft Teams session, you will need a reliable and stable internet connection with sufficient bandwidth, ideally achieved by using a wired Ethernet connection instead of Wi-Fi whenever possible.
Top instructors with extensive industry, technical and litigation experience. Clear, practical recommendations on how to get and stay compliant.
Consultant
A seasoned leader in engineering project management and safety standards, specializing in Quantitative Risk Assessment (QRA). Read more...
Email: ruth.l.tx@iomosaic.com
Thank you for your interest in ioMosaic events.
Contact: Lisa Ruth Email: ruth.l.tx@iomosaic.com Tel: 713.490.5220
Top instructors with extensive global, industry, technical and litigation experience. You will receive clear, practical and real world recommendations on how to get and stay compliant with local and worldwide regulations.