Risk Management Is Safety, Discuss
City University of London
Risk Management is Safety. Discuss
Kurt Scerri
MSc Air Safety Management• Risk Management •Coursework A
Introduction
Risk and safety have continuously been important concerns in the aviation industry.
Current Industry conditions of constant growth and demand in air travel , lack of airport capacity and experienced and qualified personnel have all contributed towards increased pressures on the system components of today’s aviation world. These pressures amongst others take the form of Risk and if not properly controlled can become the main cause of aviation accidents.
This paper shall offer an insight into the relationship between Risk and Safety and how Managing Risk has effectively created an integrated process that provides hazard identification, assessment and mitigation against these identified threats contributing directly towards an operational increase in today’s airline’s safety standards.
1•Definition of Risk
ICAO defines risk as ‘The likelihood of injury to personnel, damage to equipment or structures, loss of material, or reduction of ability to perform a prescribed function, measured in terms of probability and severity ‘ .
In simpler terms we may say that risk from an aviation perspective is an evaluation of the efficiency (or deficiency) of hazard identification for the preservation of the value of the useful resources used. Although one may understand that only one kind of risk exists, various studies have identified different kinds of risks. Sage and White in their study (Sage and White, 1980) identified 4 types of risk: * Real Risk to an individual * Statistical Risk which may be determined by quantitative data collection related to Aviation incidents and Accidents * Predicted Risk which may be predicted methodically from
Risk Management is Safety. Discuss
Kurt Scerri
MSc Air Safety Management• Risk Management •Coursework A
Introduction
Risk and safety have continuously been important concerns in the aviation industry.
Current Industry conditions of constant growth and demand in air travel , lack of airport capacity and experienced and qualified personnel have all contributed towards increased pressures on the system components of today’s aviation world. These pressures amongst others take the form of Risk and if not properly controlled can become the main cause of aviation accidents.
This paper shall offer an insight into the relationship between Risk and Safety and how Managing Risk has effectively created an integrated process that provides hazard identification, assessment and mitigation against these identified threats contributing directly towards an operational increase in today’s airline’s safety standards.
1•Definition of Risk
ICAO defines risk as ‘The likelihood of injury to personnel, damage to equipment or structures, loss of material, or reduction of ability to perform a prescribed function, measured in terms of probability and severity ‘ .
In simpler terms we may say that risk from an aviation perspective is an evaluation of the efficiency (or deficiency) of hazard identification for the preservation of the value of the useful resources used. Although one may understand that only one kind of risk exists, various studies have identified different kinds of risks. Sage and White in their study (Sage and White, 1980) identified 4 types of risk: * Real Risk to an individual * Statistical Risk which may be determined by quantitative data collection related to Aviation incidents and Accidents * Predicted Risk which may be predicted methodically from