How do you know if the level of fire protection at your facility is adequate or when fire preventive measures, such as equipment upgrades, would be more beneficial than installing fixed fire suppression? One approach is to utilize a Cost-Benefit Analysis.

In this paper, the author discusses two recent case histories where the cost-benefit analysis approach was utilized. In one case, this approach was utilized to identify an appropriate balance of fire prevention and suppression measures for a global corporation that processes metal ore using flammable and combustible liquids. In the second case, the cost-benefit approach was utilized to establish a corporate standard on fire suppression for a Liquefied Natural Gas (LNG) processing company.