Abu Dhabi - UAE
+603 2380 4560 SynergenOG Sdn Bhd
+65 861 84 148 Synergen Oil & Gas Pte. Ltd
0097126772666 GHRDC - SynergenOG
+62 2150 897100 PT. SynergenOG Indonesia
+44 1224 618460 Synergen Oil & Gas UK Limited
+673-233 9270 SynergenOG (B) Sdn. Bhd.

Is risk management qualitative or quantitative?

Can be qualitative or quantitative depending on the tools used. HAZID and HAZOP is more qualitative analysis as the objective is more to identify any potential risks, determine the risk reduction measures and prioritise the action/risk reduction measure using the risk matrix.
While other tools such as LOPA is more quantitative, a series of data is required for the risk analysis/management that allows us to quantify the analysis and the results.

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