Quantitative Risk Analysis

We understand that there is a need for you to identify, assess and quantify the likelihood and consequence of associated failure events.

As well as being able to analyse potentially large numbers of alternative risk management options, including new water sources, storage and transfers as well as operational measures.

We have led the UK water industry in the application of systems analysis and quantitative risk analysis to water systems by providing:

  • Sophisticated system models that take account of the full range of operational constraints.
  • Optimisation technology to automatically identify operational responses to the broad scope of potential failure events across a range of different starting conditions and failure durations.
  • Impact assessment of multiple scheme combinations, and visualisation of the large results sets involved.

The outcome of the analysis is identification of the least-cost envelope for minimisation of supply interruptions across a range of target risk levels, under an auditable and objective approach.