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5. Fifth Lesson: Principle of Risk-Based Design

  • 2025
  • OriginalPaper
  • Chapter
Published in:
Authors
Xingwei Zhen
Jan-Erik Vinnem
Published in
Ten Lessons on Risks
Publisher
Springer Nature Switzerland

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Abstract

This chapter delves into the critical examination of the need and challenges in implementing risk-based design in the offshore petroleum sector. It highlights the shift from prescriptive design to goal-based solutions, emphasizing the integration of risk assessment to optimize design processes. The text explores the trustworthiness of risk analysis and the challenges associated with increased costs and uncertainties. It also discusses the regulatory requirements and the relationship between risk-based design and risk analysis, including the use of event trees and consequence models. Practical considerations for design against fire loads, explosion loads, impact from collision, and impact from falling objects are thoroughly examined. The chapter concludes with recommendations for preliminary dimensioning accidental loads (DiAL) and the importance of sensitivity analysis in risk-based design.
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Risk-based thinking ensures these risks are identified, considered and controlled throughout the design and use of the quality management system.
—International Organization for Standardization (2015)

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previous chapter Fourth Lesson: Main Techniques for Risk Modelling
next chapter Sixth Lesson: Risk-Based Emergency Response Planning
Title
Fifth Lesson: Principle of Risk-Based Design
Authors
Xingwei Zhen
Jan-Erik Vinnem
Copyright Year
2025
Book
Ten Lessons on Risks

Print ISBN: 978-3-031-99063-2

Electronic ISBN: 978-3-031-99064-9

Copyright Year: 2025

DOI
https://doi.org/10.1007/978-3-031-99064-9_5
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