Page 530 - Corrosion Engineering Principles and Practice
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496 C h a p t e r 1 2 C o r r o s i o n a s a R i s k 497
However, there are several problems with this approach, which
are less apparent:
• Many judgments are required on likelihood and consequence
and unless properly recorded the basis for risk decisions will
be lost.
• Judgments must be consistent among different team members,
a condition difficult to achieve whether qualitative or
quantitative definitions are used.
• Where multiple outcomes are possible (e.g., the consequence
of a fall on a slippery deck can range from nothing to a broken
neck), it can be difficult to select the correct consequence for
the risk categorization.
• A risk matrix looks at hazards one at a time rather than in
accumulation, whereas risk decisions should really be based
on the total risk of an activity. Potentially many smaller risks
can accumulate into an undesirably high total risk, but each
smaller one on its own might not warrant risk reduction. As a
consequence, risk matrix has the potential to underestimate
total risk by ignoring accumulation.
12.5.4 Fault Tree Analysis
Fault tree analysis (FTA) provides a logical representation of many
events and component failures that may combine to cause one critical
event (e.g., pipeline explosion). It uses logic gates to show how basic
events may combine to cause the critical top event. The top event would
normally be a major hazard such as “pipeline SCC” as in the example
shown in Fig. 12.10. The most commonly used tree symbols and gates
used in the construction of fault trees are illustrated in Fig. 12.11 and
briefly described here [12]:
• Fault event (rectangle): System-level fault or undesired event.
• Conditional event (ellipse): Specific condition or restriction
applied to a logic gate (mostly used with inhibit gate).
• Basic event (circle): Lowest event of examination which has the
capability of causing a fault to occur.
• Undeveloped event (diamond): Failure which is at the lowest
event of examination by the fault tree, but can be further
expanded.
• Transfer (triangle): The transfer function is used to signify a
connection between two or more sections of the fault tree.
• AND gate: The output occurs only if all inputs exist (multiply
probabilities on the input, therefore decreasing resulting
probability).

