Risk Management Services

"Risk management" is commonly defined as the systematic identification, analysis, assessment, treatment, monitoring and communication of risks associated with a particular scenario. It is now widely recognised across most fields and disciplines, not just engineering, that risk management enables more effective decision making by contributing a greater quantitative insight into risks and their impacts.

PhysElec provides quantitative risk management services in the field of lightning protection. Lightning strikes to earth can be hazardous to structures, services and people. Hence, to provide improved safety and to reduce the risk of damage and loss due to lightning, various protection measures may be required.

With our detailed knowledge and understanding of all relevant international standards and considerable experience in this field, PhysElec will carry out a risk assessment to calculate the probability of loss. Using a proven, systematic approach, PhysElec will make recommendations with regard to effective protection measures and techniques to bring the risk of loss below a "tolerable" level.