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VULNERABILITY
ASSESSMENT AND
ANALYSIS (VAA)
What is VAA?
Decision
support
methodology
to help identify
and prioritize
defects for
elimination.
What is VAA?
Identifies critical
equipment
and/or systems
What is VAA?
Identifies key
vulnerabilities to
deliver safe and
reliability
operations
What is VAA?
Establishes a prioritized defect
list for subsequent functional
review and remediation
What is VAA?
How does VAA work?
Based on a
Hazop style
brainstormin
g approach
How does VAA work?
Involves small
groups of
engineering and
operating staff,
plus individual
interviews
How does VAA work?
Produces a
substantial
amount of
information
What’s the purpose of VAA?
To analyze,
categorize,
and prioritize
vulnerabilities
And then what happens?
More
detailed
information is
obtained in
subsequent
studies
FMEA
Fault Trees
SIL
Level of Protection
Analysis
Why?
To validate the
risk issues
raised in the
qualitative
Hazop review
An over-arching methodology
VAA can be
used on any
process during
any phase
An integrated approach
When
vulnerabilities
are discovered
that are not
immediately
manageable
…the action
items flow into
the appropriate
secondary
methodology
Classical Hazop
methodology
Team of senior
representatives
e.g. design,
project, operating
staff
Understanding of
the process
under study,
condition of
equipment &
consequences of
failure
VAA is a blend
Typical output
Methodology
1) Pre-Assessment
2) Facilitated Assessment & Analysis
3) Post Assessment Phase
Pre-Assessment
- Identifying the VAA objectives
- Determining measures of success
- Finalizing what elements of the
methodology will be included
- Ensuring access to information
- Developing an assessment schedule
Pre-Assessment
Objectives and
measures of
success must
be tailored to
the organization
and its needs
Possible objectives could include:
- Identify all critical vulnerabilities
- Identify and rank all key assets based on
a common “vulnerability maturity
matrix”
- Develop the business case for making
vulnerability reduction investments
- Enhance awareness / make VAA an
integral part of business strategy
Facilitated
Assessment
and Analysis
VAA Facilitation Workflow
Facilitated Assessment and Analysis
VAA starts with the
fullest description
of the system /
process and then
questions every
part of it
Post Assessment
- Ranking vulnerabilities by risk category
- Prioritizing assessment recommendations
- Developing an action plan
- Capturing lessons learned and best
practices
- Conducting periodic assessments to
report progress
Post Assessment
Risk mitigation
activities that are
low cost or result in
cost savings
should get special
attention
Post Assessment
Other
vulnerabilities
might require
further assessment
using quantitative
methods in order
to identify
appropriate risk
reduction actions
Deliverables
The VAA process
delivers a
comprehensive
report
documenting the
study, resulting
assessment and
identified actions
Deliverables
A typical report may include:
- Visual representation of vulnerabilities
and criticalities
- Identification of vulnerabilities by
system or area
- Vulnerability by category
- Prioritized action list
- Action by type
Summary
VAA is an over-
arching
methodology
designed to expose
and discover
vulnerabilities across
a wide segment of
possible impacts
Summary
FMEA, Risk
Assessment, and
RCM have a
purpose
But that purpose is
best served after the
VAA
When VAA
comes 1st it
delivers focus
more broadly on
consequences
from all parts of
the system or
process
About ARMS Reliability
Since 1995, ARMS Reliability has been at the forefront
of proactive asset management strategies for a range
of blue chip companies throughout the world
Through a unique blend of consulting, education and
software solutions, we enable our clients to make
better decisions to improve asset reliability.
www.armsreliability.com

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Vulnerability Assessment & Analysis (VAA) Overview