7.7 Risk Evaluation (Step 5)
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Fig. 7.7 Probability pathway from causes to consequences in an accident scenario by combining
fault and event tree analysis. E = environment, P = people, PR = property, Sp = failure of
preventative safeguard, Sm = failure of mitigative safeguard, PF = process failure, EI = external
influence, H = human error
Other approaches can also be used to estimate and evaluate risks, such as
risk indices for specific effects or plotting F-N curves. 5 For any approach used,
evaluation of risks should be based on criteria that are as consistent and transparent
as possible.
5 An F-N curve is a plot of cumulative frequency versus consequences (often expressed as the
number of fatalities) (CCPS, 2020).
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