Business Master — Risknowlogy Software

Manage Safety Compliance
Without the Spreadsheets

Risknowlogy's web-based platform for functional safety and risk — built for engineers who need structure, traceability, and audit-ready compliance.

From SIL calculations and HAZOP studies to lifecycle management and document control — Business Master replaces disconnected spreadsheets with one integrated, standards-aligned system.

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SIL & PFD calculations
FSM Audits
Lifecycle & document control
Verified failure rate database
IEC 61508 & IEC 61511 aligned

The Problem

Functional Safety Compliance Is Too Complex for Spreadsheets

Most engineering teams manage safety compliance across scattered files, disconnected tools, and manual processes. The result: version errors, audit gaps, and hours lost on tasks that should take minutes.

No single source of truth

Safety calculations, hazard studies, and lifecycle documents live in separate files across multiple team members. Auditors ask for evidence — and finding it takes days.

Version control is manual and error-prone

Without structured document control, teams work from outdated SIL calculations or superseded HAZOP reports. One wrong version used in an audit can invalidate months of work.

Compliance evidence is hard to demonstrate

IEC 61508 and IEC 61511 require traceable, structured evidence across the full safety lifecycle. Assembling that evidence from spreadsheets and email threads is time-consuming and unreliable.

Failure rate data is scattered and unverified

Engineers spend hours searching for device failure rates from inconsistent sources. Without verified data, PFD calculations carry hidden uncertainty — and auditors know it.

Reviews and approvals have no structure

Multi-level review workflows — verifier, validator, auditor, assessor — are tracked in email threads or shared drives. Nothing is enforced, nothing is auditable.

Requirements traceability breaks down

Safety requirements need to be verified at every lifecycle stage. Without a structured system, traceability gaps appear — and they surface at the worst possible moment: during an audit.

The Solution

One platform. Every module your team needs.

Business Master brings FSM management, PFD calculations, lifecycle management, document control, requirements tracking, and verified failure rate data into one structured, audit-ready system.

Platform Modules

Everything Your Team Needs — In One System

Business Master is modular. Use the modules that fit your project. Add more as your needs grow. All modules share the same data, users, and audit trail.

SIL Master Live
Hardware integrity analysis per IEC 61508. Build safety function architectures, drag and drop devices from your library or the QID, and verify PFD compliance — all in one structured workspace.
QID — Failure Rate Database Live
Failure rates, datasheets, certificates, and safety manuals — all verified by Risknowlogy. The only failure rate database independently verified by a functional safety certification body.
PHA — Process Hazard Analysis Coming Soon
HAZOP, LOPA, FMEA, Bowtie, and JHA — with guided workflows, team collaboration, and exportable reports.
Life Cycle Manager Live
Define product or project lifecycles, assign phases, set input and output documents, and assign tasks per phase. Ensures a structured, auditable process from start to finish.
Compliance Case Live
Demonstrate compliance with international standards using a structured checklist approach. Build your compliance case and keep it audit-ready at every stage.
Requirements Live
Track requirements across the full lifecycle. Verify at each stage, add test cases, and maintain full traceability — so nothing is missed and everything is provable.
Review Master Live
Structured document review and approval workflows. Supports verifiers, validators, auditors, and assessors — so every document reaches sign-off through a traceable process.
Document Control Live
Version control, verification, and compliance features for all project documents. Keep documentation organised, current, and traceable from first draft to final approval.
Checklist Library Live
100+ ready-to-use checklists for functional safety, business, and marketing. Free and paid. Add your own custom checklists to build a library tailored to your organisation.

Who Uses It

Built for Engineering Teams That Cannot Afford Compliance Gaps

Business Master is used by engineers, safety managers, and project leads where functional safety is not optional. If you work to IEC 61508 or IEC 61511 — or get audited against them — Business Master is built for you.

Oil & Gas Chemicals Petrochemicals Pharma Energy Manufacturing Water & Utilities
Functional Safety Engineers Run SIL calculations, HAZOP studies, and LOPA in one place — with full traceability and audit-ready outputs at every stage.
Engineering Managers Oversee team compliance, track lifecycle progress, and demonstrate to auditors and clients that safety processes are under control.
Safety Auditors & Assessors Access structured compliance evidence, review documented lifecycles, and verify requirements traceability — without chasing files.
EPCs & System Integrators Manage multiple projects in one system. Maintain consistent safety processes and deliver audit-ready documentation to every client.
OEMs & Equipment Manufacturers Structure IEC 61508 product development, manage FMEA and reliability data, and build a traceable compliance case for certification.
Certification Bodies & Auditors Review structured, traceable safety cases with complete lifecycle documentation — exactly what is needed for independent assessment.

Where Business Master Fits

Train. Certify. Operate.

Business Master is the operational layer of the Risknowlogy ecosystem. You build the knowledge, earn the certification, then use Business Master to manage compliance day to day.

Step 1

Train

Master IEC 61508, IEC 61511, HAZOP, SIL, and LOPA through expert-led courses in self-study, live online, or in-person format.

Explore courses →

Step 2

Certify

Earn internationally recognised certification — from Specialist to Master level. Demonstrate your competence and receive your Safety Passport®.

Explore certification →

Step 3

Operate

Use Business Master to manage your safety processes, calculations, and compliance documentation — structured, traceable, and audit-ready.

Explore Business Master →

Already trained and certified? Start with Business Master today.

Business Master works standalone for experienced teams. Request a demo and we will show you how it fits your current processes.

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Get Started

Ready to Replace the Spreadsheets?

Business Master is built for teams that cannot afford compliance gaps. Request a demo or reach out directly — we will show you how it fits your processes.

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See Business Master in Action

We will walk you through the modules relevant to your team — SIL calculations, HAZOP, lifecycle management, document control, or all of it. No sales pitch. Just the tool.

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Ask a Question

Not Sure If It Fits Your Situation?

Reach out via WhatsApp or Telegram. Describe your setup and we will tell you exactly how Business Master can help — or whether something else is the better fit.

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