Hazard and operability analysis (HAZOP) is widely used to perform hazards analysis of chemical plants. It is labor-and knowledge-intensive and could benefit from automation. Toward that goal, a knowledge-based framework for automating HAZOP analysis (HAZOPExpert) was proposed. Recently, Dimitriadis et al. proposed a quantitative model-based approach that uses a dynamic model of the plant and a description of process disturbances and parameters for hazard evaluation. These two different approaches have their own merits and demerits. The qualitative analysis performed by HAZOPExpert is thorough and computationally efficient, but can lead to ambiguous conclusions. The quantitative approach can perform an exact analysis without ambiguities, but a complete analysis can be computationally prohibitive. Thus, these two frameworks appear to complement each other. This article presents an integrated approach for hazard identification and evaluation which overcomes the shortcomings of purely qualitative and quantitative methods. In the integrated framework, the overall features of a particular hazardous scenario are extracted by inexpensive qualitative analyses. If necessary, a detailed quantitative analysis is then performed and that too only on those parts of the plant identified by the qualitative analysis as hazardous. The results of this framework are compared to those of purely qualitative reasoning using an industrial case study.