To enhance risk management in the process industry, it’s crucial to implement quantitative risk analysis (QRA). This approach is vital for identifying safer and more cost-effective processes and operational improvements. QRA helps pinpoint specific areas in operations, engineering, or management systems where adjustments can be made to reduce risk, often revealing the most economical methods. The primary objective of QRA is to ensure that well-informed management actions, drawn from the findings of a QRA study, significantly contribute to enhancing safety in facilities handling hazardous chemicals. In line with this goal, the Quantitative Process Risk Analysis course has been meticulously designed to provide a comprehensive overview of the tools and techniques needed for conducting a quantitative analysis of the risks associated with potential episodic accident events, such as fires, explosions, and the release of acutely toxic materials. Additionally, the course covers decision-making techniques essential for effective risk management in the chemical process industry, including considerations of tolerable risk levels.