Risk Graph

Definition:
A Risk Graph is a semi-quantitative risk assessment (SQRA) tool used to assess risks and estimate required SIL levels by mapping severity, frequency, and exposure factors. It is a common approach along with a LOPA, and a bit easier. Thus it can perform both the H&RA and SIL Selection portions of the Functional Safety Lifecycle.

Don’t confuse it with a Risk Matrix!

Key Points:

  • Simpler and faster than quantitative risk assessment (QRA).
  • Frequently used early in a project’s hazard assessments.
  • Often used in machinery safety and the EU Machinery Directive

Example:
High-consequence, high-frequency events map to a SIL 3 requirement using a Risk Graph.

See Also: H&RA, risk matrix, LOPA, SQRA

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