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:: Volume 10, Issue 42 (Fall_2014 2014) ::
QEER 2014, 10(42): 135-159 Back to browse issues page
Comparing two Different Views to the Application of FMEA Method for Risk Assessment: A Case Study of Iran’s Gas Refinery
Shamsi Ghasemi Mrs *1, Kazem Yavari Mr2, Rahim Mahmoudvand Mr2, Bahram Sahabi Mr2
1- modares university , sh_ghasemi@modares.ac.ir
2- modares university
Abstract:   (4235 Views)

Risk assessment that usually is applied to identify, control and reduce the hazardous consequences, is the main stage of risk management and for doings it, different methods in different area has been introduced and applied well. Researchers in the field, have categorized risk assessment approaches into two approaches deterministic and probabilistic. Nevertheless, our reviews indicate that many of risk assessment methods have been introduced and applied by researchers as a probabilistic method, while, others just called those method in a deterministic type. In this paper, FMEA which is a well known risk assessment method in the area of industrial processes, has been studied and investigated sense of belonging to both the deterministic and probabilistic class. Finally, an empirical study has done in the area of gas industry, which demonstrates the importance of two approaches in risk assessment of this area. Empirical results show that, the results of probabilistic approach are more reliable than deterministic approach.

Keywords: Risk assessment methods, Deterministic approach, Probabilistic approach, FMEA method, Gas refinery.
Full-Text [PDF 491 kb]   (2315 Downloads)    
Type of Study: paper | Subject: Energy Economic
Received: 2013/05/16 | Accepted: 2014/04/29 | Published: 2015/01/7
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ghasemi S, yavari K, mahmoudvand R, sahabi B. Comparing two Different Views to the Application of FMEA Method for Risk Assessment: A Case Study of Iran’s Gas Refinery. QEER. 2014; 10 (42) :135-159
URL: http://iiesj.ir/article-1-137-en.html


Volume 10, Issue 42 (Fall_2014 2014) Back to browse issues page
فصلنامه مطالعات اقتصاد انرژی Quarterly Energy Economics Review
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