In this episode of the podcast "Risk! Engineers Talk Governance," due diligence engineers Richard Robinson and Gaye Francis discuss the topic of design analysis versus risk analysis. They explore the difference between ALARP (as low as reasonably practicable) and SFAIRP (so far as reasonably practicable) and how the interpretation of these concepts has caused confusion and problems in various industries. 

They also discuss the importance of safety in design and the need for a retrospective design review to ensure that all reasonable practical precautions are in place. The conversation also touches on the role of AI in consequence modelling and design review, as well as the need for quality assurance and independent checks in governance processes. 

The episode concludes with a reminder that there is no one-size-fits-all approach to risk analysis and that different tools and techniques can provide different insights into due diligence issues.

If you’d like to learn more about Richard & Gaye, visit www.r2a.com.au. 

Please submit any feedback or topic ideas to [email protected] – we’d love to hear from you.