Risk Assessment


Major Hazard Installation Risk Assessment
ISHECON cc is registered by the Department of Labour as an Approved Inspection Authority for conducting MHI Risk Assessments. We conduct quantitative risk assessments using ICI / UK HSE methodologies and criteria. We use internationally validated consequence and risk modelling software (PHAST RISK) and have access to international failure data and software for fault tree analysis. Assessments can be conducted for existing or new potential MHI installations and for residential / commercial developments in the vicinity of existing declared MHI's. A risk assessment begins with identification of the hazards at a site. Thereafter, the consequences, severity and likelihood can be quantified. These are combined to provide an estimate of risk, which can be compared to international standards on tolerable risk. ISHECON cc is able to facilitate the MHI notification process where it is required.

Explosives Risk Assessment
The Explosives Regulations require that all Explosives License applications be accompanied by a Risk Assessment conducted by a Department of Labour Approved Inspection Authority. ISHECON cc has temporary Explosives AIA status and conducts qualitative and quantitative risk assessments using proven techniques as per SANS 31000 – Risk Management – principles and guidelines.


Integrated SHE Risk Assessment
There is a strong business trend to integrate the management systems for safety, health and environmental management. One of the first steps to setting up the objectives and targets of such a system is to determine the magnitude of the hazards and the environmental aspects and impacts. These elements can be evaluated in terms of risk in order to identify opportunities and prioritize actions etc. This can all be conveniently done with an Integrated SHE Risk Assessment. This assessment identifies SHE elements using an ISHECON cc checklist during a site visit, after which the consequences, severity and likelihood of each can be estimated. This estimation can be qualitative or quantitative in nature, and the risks can be compared to each other or to suitable criteria.