Cryogenic Storage & LNG Equipment worked example

Cryogenic Supplier Risk with severity of failure if this cryogenic supplier slips of 3 score: a worked example

Suppose severity of failure if this cryogenic supplier slips falls to 3 score. This page works the full calculation at that level so you can see exactly which result moves and by how much. Score risk from suppliers of cryogenic vessels, relief devices, vacuum-jacketed pipe, vaporizers, controls, or LNG equipment packages.

The inputs for this scenario

  • Severity of failure if this cryogenic supplier slips: 3 score (the input this scenario stresses; the baseline uses 6)
  • Likelihood of a defect or delay from this supplier: 4 score (held at the documented default)
  • Ability of incoming inspection to catch the problem: 3 score (held at the documented default)

Working through the calculation

  • The calculation starts from the formula this tool documents: Cryogenic supplier risk score = supplier impact severity × supplier issue occurrence × supplier control detection.
  • Cryogenic supplier risk score works out to 3.35 score at these inputs, and this is the headline figure for the scenario.
  • Supplier impact severity works out to 3 score at these inputs.
  • Supplier issue occurrence works out to 4 score at these inputs.
  • Supplier control detection works out to 3 score at these inputs.

How this compares with the baseline

  • Against the tool's baseline example, where severity of failure if this cryogenic supplier slips sits at 6 score and the headline result is 4.55 score, this scenario comes in 26.37% below the baseline at 3.35 score.
  • It multiplies a supplier's failure severity, defect occurrence, and your detection capability into a single risk priority score for cryogenic and LNG components. When the numbers land here, the stressed input is the lever to work; the walkthrough above shows exactly how much each output recovers as it climbs back toward the baseline.

Results at a glance

  • Cryogenic supplier risk score: 3.35 score (headline result)
  • Supplier impact severity: 3 score
  • Supplier issue occurrence: 4 score
  • Supplier control detection: 3 score

Run it with your numbers

  • To rerun this with your own numbers, open the live Cryogenic Supplier Risk calculator, set severity of failure if this cryogenic supplier slips to your actual value, and adjust the remaining inputs to match your operation.

Last reviewed 2026-05-12.