This project has consisted in conducting a quantitative risk assessment of the different productlogistic lanes at Novo Nordisk in order to show compliance with authorities’ requirements. Alane is defined as a combination of parameters/scenarios, for example the transportation mode(airfreight, sea freight or truck), the type of product shipped, the equipment used, and so on. Therisk assessment has been conducted following the major steps in the ISO 31000 [ISO 31000:20018],which are: establishment of the context, hazard identification, risk analysis and risk evaluation.The last step, which is risk treatment is out of the scope of this study. Then, the main objective ofthis project is to construct a final framework that integrates all the phases previously mentionedand facilitates a rigorous picture of the existing risks to the authorities. In order to reach this goal,several procedures involving data processing, statistics and risk management have been developed.Thus, the study starts by reviewing existing literature and methods, with the purpose of findingthose that can be relevant for the project development. Then, the data used is introduced anddescribed, followed by a thorough explanation of the steps generated to clean and process it.Once the data is ready for its use, the methodology followed for conducting the risk assessmentis explained in detail. For the hazard identification part, a silent brainstorming was conductedby the author of this project and two experienced members in risk management from the DTUManagement engineering department. In the risk analysis phase, fault trees, cause-consequencediagrams and statistical procedures like correlation analysis and distribution fitting were used.Then, in order to evaluate risk, a methodology derived from societal risk evaluation was developed.Even though risk matrices were also considered for this purpose, they were dismissed due tothe several problems and inaccuracies that they present. The results obtained from the riskassessment showed that Novo Nordisk has an excellent set-up for its transportation processesand that the amount of risk identified in the different logistic lanes is acceptable. Finally, it hasbeen concluded that the initial objectives were satisfied and the new methodology validated bythe use of existing risk analysis theory and the amount of data used

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