Risk Assessment Using FEPs

D-03 RISK ASSESSMENT USING FEPS Abstract 1 An increasingly popular ingredient of risk assessment studies is the FEP. FEP is an acronym for Feature Event and Process. FEPs are all relevant factors that describe the current state and future evolution of a project its environment and related activities. They are used as input for scenario development and subsequent consequence analysis regarding health safety and environment (HSE). FEPs offer the potential of the risk assessment to be complete in the sense that all factors including those that originate in a context beyond the project boundaries are taken into account during the