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520                                                    Part V Risk Assessment

                29.1.10  Emergency Preparedness
                Emergency preparedness  is  also  a  part  of  the  risk  assessment.  The  goal  of  emergency
                preparedness is to be prepared to take the most appropriate action to minimize its effects and
                to transfer personnel to safer place in the event that a hazard becomes a reality (NTS, 1998 &
                Wang, 2002). In the UK, it is not legal to operate an offshore installation without an accepted
                operational  safety  case,  which  is  a  written  submission  prepared  by  the  operator  for  the
                installation.
                29.1.11  Time-Variant Risk

                Risk, R(t), is a function of time, and may be denoted as the production of the time-variant
                probability, p(t) and time variant consequence, C(t):
                                                                                    (29.2)

                The time rate of change of risk may be written as:

                                                                                    (29.3)

                The above equation shows that the most significant measures to reduce risks are to reduce the
                probability  of  largest  consequence  events  and  to  reduce  the  consequence  of  the  highest
                probability events. In incremental form, the effect of risk reducing measures may be expressed
                as  :

                     dNt) =  {dP(t)X C(t) + p(t) x dC(t)j                           (29.4)
                Negative  value  of  dR(t)  means  the  overall  risk  level  has  been  reduced,  due  to  reduced
                probability, reduced consequence or a combination of both.

                29.2  Risk Estimation

                29.2.1  Risk to Personnel
                The risk to personnel is often expressed as fatality risk, sometimes also as risk in relation to
                personnel injury. An estimate of the personnel injured in accidents is often required as input to
                emergency preparedness analysis.
                Individual Risks
                The most common measure of fatality risk is the risk to individuals. PLL (Potential Loss of
                Life) is calculated according to Eq.(29.5) below:

                                                                                    (29.5)
                where,
                       f,.   = Annual frequency of accident scenario n with personnel consequence j
                       cnj   = Annual number of fatalities for scenario n with personnel consequencej
                       N    = Total number of accident scenarios in all event trees
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