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- (72c) The Benefits of a Risk-Based Approach to Facility Siting
API RP 752 outlines three basic facility siting assessment approaches that can be utilized: a consequence based approach, a quantified risk assessment approach, and a spacing tables approach. This presentation summarizes the key elements of API RP 752, and demonstrates how a risk-based approach to facility siting can provide the best understanding of onsite risks, and can enable the most cost-effective resolution of facility siting issues.