VelocityEHS Operational Risk software provides a single view of risk and controls so you can eliminate spreadsheets and versioning headaches. Watch any potential risks at a glance and dissolve risk silos by bringing together risks from across your business in a single easy to understand view. Even better, our software allows you enter data once and then choose the level of analysis you want to perform, from pictorial, qualitative, LOPA or quantitative with fault & event tree support, cutting analysis costs dramatically. All risk data is available via reporting and dashboards showing at a glance the performance of every element of your risk & assurance process, enhancing transparency, collaboration, decision making confidence, regulatory compliance & continuous improvement.
Qualitative Risk Analysis
What is Qualitative Risk Analysis?
Qualitative Risk Analysis is a risk management technique used to evaluate and prioritize risks based on their potential impact and probability of occurrence. Unlike quantitative risk analysis, which involves the use of numerical values and statistical models, qualitative risk analysis relies on subjective judgments and qualitative data.
Explore Our Qualitative Risk Analysis Capabilities
Qualitative Risk Analysis is part of our Operational Risk Solution. To see the full set of features, click here.
Integrated hazard & risk identification with fully customizable visualizations & analysis
At-a-glance performance dashboards for organizational visibility & transparency
Generate bowties, LOPA, PLL, and Cost-Benefit Analysis automatically in a single platform
Easy bowtie analysis switching between qualitative & quantitative mode
Common library of causes, controls, consequences, and other factors drawn from all models into one place
Wide range of auto calculated risk ratings, including Initial, Inherent, Current and Proposed
View data through a variety of built in safety case reports, or export to Excel
Integrated hazard & risk identification with fully customizable visualizations & analysis
At-a-glance performance dashboards for organizational visibility & transparency
Generate bowties, LOPA, PLL, and Cost-Benefit Analysis automatically in a single platform
Easy bowtie analysis switching between qualitative & quantitative mode
Common library of causes, controls, consequences, and other factors drawn from all models into one place
Wide range of auto calculated risk ratings, including Initial, Inherent, Current and Proposed
View data through a variety of built in safety case reports, or export to Excel
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Partner with the most trusted name in the industry
Stress less and achieve more with VelocityEHS at your side. Our products and services are among the most recognized by industry associations and professionals for overall excellence and ease of use.
