Formal Safety Assessment (FSA) is a comprehensive methodology used to evaluate safety risks and identify cost-effective risk control measures. The approach integrates hazard identification, risk analysis, and risk mitigation evaluation into a structured decision-making framework.

FSA provides organizations with a systematic basis for improving safety performance while balancing operational efficiency and risk reduction priorities.

PNA Risk Management applies both qualitative and quantitative risk evaluation techniques to assess safety barriers, operational practices, and engineering controls. Our studies identify areas where additional safeguards or design improvements can significantly reduce the likelihood or consequences of major accidents.

The outcome of a Formal Safety Assessment enables decision-makers to prioritize investments in safety improvements while ensuring alignment with industry best practices and regulatory expectations.