On successful completion of this module, students will be able to:1. Evaluate a fault tree & event tree;2. Determine the frequency of a loss event;3. Determine the source terms of a loss event;4. Determine the probability of the consequences;5. Model the impact of consequences;6. Determine the hazard zone of a loss event;7. Determine the risk of a loss event;8. Conduct a case study in quantified risk analysis on an industrial process.