Hazard Identification (HAZID)
Hazard Identification (HAZID) can be applied at scoping phase and/or conceptual design phase of any new project to help steer the project in the right direction. At this stage, owners would be interested in knowing required investments and impact on environment and communities.
Factors like investment capital, labor & contractual issues, logistics, financing tools, government & regulatory codes, environment & wildlife etc. can all come into play to affect the development. Hence, HAZID would be a perfect assessment tool at the project early stages to help chose the best available alternatives that will eventually reduce the risks as the project/development progresses.