Fundamentals of Risk Management for Process Industry Engineers

Fundamentals of Risk Management for Process Industry Engineers outlines foundational principles of human-centered, sociotechnical risk management, and how they can be applied to deliver real improvements in risk identification, understanding, analysis, control, communication, and governance. To maximize sustainable competitiveness requires the identification and optimization of the range of risks that can impact a business. Hence, understanding the foundational principles of sociotechnical risk management is required to design and execute effective risk identification, optimization, and management strategies.

• Covers the foundations of risk management
• Explains how risk management and professional engineering practice are interrelated
• Describes the role and importance of humans in risk management activities
• Discusses the fundamentals surrounding how to identify, assess, treat, monitor, and review risks in high hazard industries
• Presents the range of operational risks faced by process companies, including safety and health, environmental and social risk, project risk, and supply chain risk

Maureen Hassall is Director and a Professor of the Minerals Industry Safety and Health Centre at the University of Queensland a leading-edge, multidisciplinary initiative that crosses the fields of industrial risk, systems safety and human factors. Maureen works collaboratively with a broad range of safety critical industries to develop better human-centred risk management approaches that improve companies’ operational performance and competitiveness. Her industry-focused research is motivated by almost twenty years of industry experience working in a number of different countries and in a variety of roles including specialist engineering, line management, organisational change and business performance improvement roles. Maureen also develops and delivers risk management and human factors training, education and advice to undergraduate and postgraduate students and well as directly to industry. In addition, she supervises Masters and PhD candidates undertaking industry focused human factors and operational risk related research.

Paul Lant is a Professor of Chemical Engineering at The University of Queensland. Paul has a long history of teaching and research at UQ, and he has held a variety of roles. He has led many new teaching initiatives and been a key player in establishing UQ Chemical Engineering as a world leader in chemical engineering education innovation. He has started several commercial ventures and has been a Director of several companies. Paul co-founded UQ R!SK with his colleague Dr Maureen Hassall in 2015. UQ R!SK is an interdisciplinary initiative to deliver practical, evidence-based outcomes that help hazardous industries address current and future risk challenges. The vision for UQ R!SK is to be a world leader in developing practical and innovative, human-centred operational risk management approaches that deliver real improvements in performance and sustainable competitiveness for hazardous industries.