RISK ASSESSMENT METHODOLOGY

The followings need to be considered prior to and while conducting the risk assessment:
1. Area of survey ranging from well sites, flowlines, processings, pipelines, storages
2. Define Location
3. Define the context.
It could be Activities, Equipment or Facilities.
4. Looking for the Potentials Hazard or HSE issues.
5. Assess the risk with the following Risk Assessment Guideline
6. Identify risk control measures in place.
7. Provide recommendations (if any) to mitigate the risk with the principle of
ALARP (As Low As Reasonably Practicable).
8. Provide Estimated Cost for following up the recommendations
9. Provide estimated time frame for completion recommendations.
10. Provide Department or personnel in-charge for completing the recommendations.
11. Fill in the form attached.
12. Provide report on regular basis to the management of the status.
Risk Assessment Guideline
The risk assessment is conducted by a Team consists of personnel from various
departments. The Team assesses risks of potential hazards that appear during the survey.
Risk ranking is made based on a matrix below. (The matrix was developed by DNV
Technica).

CONSEQUENCES

RISK MATRIX
A

PROBABILITY
C
D

HIGH RISK

II
MEDIUM RISK
III
IV

LOW RISK

Probability definition:
Probability category
A
B
C
D
E

Definition
Possibility of repeated incidents
Possibility of isolated incidents
Possibility of occurring some times
Not likely to occur
Practically impossible

Consequence definition:
Consequen
ce
Category
I

II

III

IV

Health/Safety
Fatalities,
serious impact
on public
Very serious
injury to
personnel/
impact on public
Serious injury to
personnel/limite
d impact on
public
Medical
treatment for
personnel/no
impact on public

Consideration
Public
Environmental
Disruption
Impact
Large
Major/extended
community
duration/full
scale respond
Medium
Serious/significan
Community
t resource
commitment

Financial
Impact
Corporate

Region

Small
community

Serious/little
resources
commitment

Affiliate

Minor

Moderate/limited
response of short
duration

Div/site