RISK ASSESSMENT

WHAT IS RISK ASSESSMENT?

As global demand for water and waste water services rises rapidly, huge investment is required for the construction, refurbishment and optimisation of water networks. This critical infrastructure must be safeguarded against physical, technical and technological risks, as well as sabotage and terrorism. The general public and the environment must also be protected from potential harm caused by infrastructure technologies. To build long-term and sustainable infrastructure, investors and operators need to manage these risks and operate water networks efficiently using the latest technologies.

WHY IS RISK ASSESSMENT IMPORTANT? 

Solutions providers, technology vendors, financiers, insurers and operators must be aware of existing and potential risks to water infrastructure. By assessing and managing physical, technical, technological and HSE risks, stakeholders ensure long-term, sustainable, safe and optimised solutions for water and waste water treatment plants and networks, and desalination facilities.

TÜV SÜD HELPS TO MANAGE RISKS IN YOUR WATER INFRASTRUCTURE PROJECTS

TÜV SÜD is trusted for independence and impartiality. We ensure neutrality and transparency for your projects and add value to your enterprise. Our systemic and interdisciplinary approach covers all phases of the water lifecycle value chain, from planning through to construction, commissioning and maintenance. By applying early project-related integration across the entire value chain, we help you to manage risks from the onset. 
With our international expertise and local market knowledge, we customise solutions to your individual needs. In addition, our vast experience as a damage assessor and conflict mediator enables us to identify and mitigate all relevant risks.

WHAT DO RISK ASSESSMENT SERVICES INVOLVE?

TÜV SÜD assesses physical risks such as flooding, earthquakes, storms and other natural disasters, technical risks addressing the availability of the operational system and its components, and technological risks that arise from the adoption of new technologies such as smart water applications. We also assess health, safety and environment (HSE) risks for the protection of people and the environment.

• AS-IS ANALYSIS
  Applying our experience and best practices, we collaborate with clients to systematically develop a risk catalogue using risk analysis tools and methods. Our experts then perform an as-is analysis, such as screening or in-depth analysis, of your planned project or existing system.
• ASSESSMENT 
  The criteria of our assessment services are based on your priorities. We perform assessment based on the as-is analysis and compare findings with strategic goals. Our assessment can include Quantitative Risk Analysis (QRA), Fault Tree Analysis (FTA), Event Tree Analysis (ETA), Human Reliability Assessment (HRA), Reliability-Availability-Maintainability-Safety (RAMS) and HazardPro.
• DETERMINING RISK MITIGATION MEASURES
  We support you in evaluating, prioritising and determining the potential savings of risk mitigation measures. Our experts specify risk management systems and prepare Crisis and Disaster Management plans using modular emergency tools. We also recommend the implementation sequence and offer implementation consultancy.
• EVALUATION OF MEASURES
  Following implementation, new measures are evaluated to determine effectiveness. Our experts can audit and potentially certify the implemented management system. We also assess the new as-is status and system documentation.
• TECHNICAL AND ENVIRONMENTAL DUE DILIGENCE
  We assist you in detecting and evaluating technical and environmental risks in plants, networks, buildings and in the soil. Our experts undertake systematic consideration of the actual technological status, as well as the relevant environmental legislation and international standards. We also work with you to develop and evaluate risk mitigation and improvement strategies.

Download Infosheet