Hazard analysis

A hazard analysis is used as the first step in a process used to assess risk. The result of a hazard analysis is the identification of different types of hazards. A hazard is a potential condition and exists or not (probability is 1 or 0). It may, in single existence or in combination with other hazards (sometimes called events) and conditions, become an actual Functional Failure or Accident (Mishap). The way this exactly happens in one particular sequence is called a scenario. This scenario has a probability (between 1 and 0) of occurrence. Often a system has many potential failure scenarios. It also is assigned a classification, based on the worst case severity of the end condition. Risk is the combination of probability and severity. Preliminary risk levels can be provided in the hazard analysis. The validation, more precise prediction (verification) and acceptance of risk is determined in the risk assessment (analysis). The main goal of both is to provide the best selection of means of controlling or eliminating the risk. The term is used in several engineering specialties, including avionics, food safety, occupational safety and health, process safety, reliability engineering. A hazard is defined as a "Condition, event, or circumstance that could lead to or contribute to an unplanned or undesirable event." Seldom does a single hazard cause an accident or a functional failure. More often an accident or operational failure occurs as the result of a sequence of causes. A hazard analysis will consider system state, for example operating environment, as well as failures or malfunctions. While in some cases, safety or reliability risk can be eliminated, in most cases a certain degree of risk must be accepted. In order to quantify expected costs before the fact, the potential consequences and the probability of occurrence must be considered. Assessment of risk is made by combining the severity of consequence with the likelihood of occurrence in a matrix. Risks that fall into the "unacceptable" category (e.g.