Chemical Process Quantitative Risk Analysis (CPQRA)

The Chemical Process Quantitative Risk Analysis (CPQRA) is the process of hazard identification, followed by numerical evaluation of incident consequences and frequencies, and their combination into an overall measure of risk when applied to the chemical process industry. Ordinarily applied to episodic events. Related to Probabilistic Risk Assessment (PRA) used in the nuclear industry. (Source: www.aiche.org/ccps/)

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