Risk Engineering is the premier source of advanced engineering risk expertise in the world. We help you manage risk of damage, failure, economic loss, business loss, life loss, and injuries that arise from natural disasters including earthquakes, hurricanes, tropical storms, volcanoes, ocean waves, and climate changes. Having these results in a useful, understandable format, you can make more informed decisions on ways to alleviate risk to your property or facility. We can help you compare ways of mitigating undesired consequences and make the best decision given your unique set of circumstances.
Risk Engineering is a small business in the true sense of the term, but we have established consulting relationships with scientific and engineering experts in both academia and the engineering field. We pride ourselves in making use of some of the most highly regarded risk consultants in the world. Today’s engineering problems are very complex and are becoming more and more probabilistic in nature. Probabilistic and statistical analysis of engineering problems is our forte, and in many applications we have pioneered techniques that are now considered as requirements for risk analysis.
We have managed risk analysis studies for a number of high-profile projects. These projects include nuclear power stations, offshore platforms, high-level waste repositories, bridges, dams, and more (see our separate list of projects). For all of these facilities the consequences of failure would be extreme, and owners have entrusted us to make interpretations that they know will form the basis of sound decision-making.
To support our analyses we use well-tested software that has gone through numerous quality assurance exercises. Our software is used to make multi-billion dollar decisions on retrofit, design and risk transfer. You can be assured that results reflect the most accurate results available.
For many larger projects we act as Project Manager, partnering with other consultants and organizations who provide complementary scientific and engineering expertise. We have good relationships with experts in a number of technical fields, having worked on a diverse set of challenges for a number of years. We can effectively served as the primary point-of-contact between the facility owner/manager and a comprehensive risk assessment.
In additional to site evaluations, Risk Engineering has a strong history of developing policy recommendations regarding seismic and risk issues for facilities in the US. Our work with the Electric Power Research Institute in the 1980s led to a resolution of the "Charleston earthquake issue" whereby nuclear plants were not automatically required to upgrade seismic designs. In 2001 we developed revised seismic design standards for nuclear plants under a project funded by the US Nuclear Regulatory Commission; these standards will replace the previous seismic design spectrum (Reg. Guide 1.60). We played a major role in supporting the "SSHAC" study regarding the use of experts in seismic hazard projects, presenting example studies and test cases, and writing parts of the SSHAC report.