Introduction

The aim of these chapters is to provide a common understanding of risk concepts and associated terms; present key applications of risk assessment in the marine and offshore industries; provide an overview of commonly used risk assessment techniques in the marine and offshore industries along with specific references to standards that describe these in detail; provide best practices for setting up, conducting, and lifecycle management of risk assessments; and, provide an understanding of Class’s approach to risk assessments with respect to process, submittals, and review criteria.