Blog posts tagged in Risk Management

 Sofema Online www.sofemaonline.com looks at the essential elements of a functioning EASA Part 145 Organisation

Risk management

Risk Management is primarily comprised of two elements.

>> Hazard identification

>> Risk Assessment (and mitigation)

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Sofema Online (SOL)  www.sofemaonline.com considers the contents of the following online course: SMS for Accountable Managers, Nominated Post Holders and Key Executives

Introduction

This is a high-level SMS course specifically designed for executives and the leadership team who need to demonstrate a broad level of knowledge across the whole SMS Ecosystem.

The course covers a wide range of SMS-related subjects and attempts to answer key questions

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Sofema Online (SOL) www.sofemaonline.com considers the Role of Software in support of Aviation Risk Management.

Introduction

Aviation Risk Management Software is used to identify, assess, and support the mitigation of potential risks. Effective use of software can help ensure that they maintain a high level of safety by identifying potential risks.

Software can be used to automate tasks, provide real-time data and analytics, simplify reporting and provide guidance on how to mitigate them.

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Sofema Online (SOL) www.sofemaonline.com considers the role of Bow Tie Analysis within an effective Aviation Safety Management System.

Introduction

Bow Tie Analysis is a risk management technique that is commonly used in various industries to identify potential hazards and assess the risks associated with them. It is a visual representation of the cause-and-effect relationship between different factors that can lead to an undesired event, along with the controls that can be implemented to prevent or mitigate the consequences of that event.

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Sofema Online (SOL) www.sofemaonline.com considers the various challenges faced by the organization related to the effectiveness of the risk assessment process.

Introduction

Driven by ICAO, SMS provides an approach that encourages proactive behaviour to support the development of barriers to inhibit potential exposures.

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Review by Sofema Online (SOL) www.sofemaonline.com looking at the process which drives Safety Risk Management (SRM).

Introduction related to general principles of safety risk management:

» All system operations represent some degree of risk.
» Recognize that human interaction with elements of the system entails some element of risk.
» Keep hazards in proper perspective.

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The purpose of the Fatigue Risk Management System (FRMS) is to serve to reduce, as far as practicably reasonable, workplace fatigue and its associated risks, to ensure a safe and error-free work environment for employees, contractors, and clients.

Driven by ICAO EASA, FAA & Transport Canada are promoting effective FRMS within the maintenance environment.

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Sofema Online (SOL) www.sofemaonline.com looks at typical descriptors for Defenses that reduce or mitigate the risk related to a particular hazard.

Introduction

Consider the Term “As Low as Reasonably Practicable” (ALARP). Not all risks are manageable to the extent that they are either no longer a factor or they are economically impractical to mitigate means the cost outweighs the benefit.

Hazard Identification / Risk Assessment is carried out in order to identify the hazards in the organizational systems and operational environment. It also supports the risk assessment where we consider the probability of occurrence and the severity of the hazard effects are analyzed and where the magnitude of the risk and its acceptability are determined.

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Sofema Online (SOL) www.sofemaonline.com takes a detailed look at the Aviation Safety Management Risk Management Landscape.

Introduction – What is Risk Management

Risk Management, being a central component of the SMS, plays a vital role in addressing the risk in practical terms.

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Sofema Online (SOL) www.sofemaonline.com considers the value of developing a “Risk-Based” audit approach

Introduction

Risk-based audits allow businesses to adapt more easily to changing conditions by providing a consistent and comprehensive approach to risk management.

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Sofema Aviation Services (SAS) www.sassofia.com considers the importance of managing the risks in a systematic and controlled way using a Risk Register as the Fundamental Tool.

Hazard identification is the foundation of the risk management process in an SMS and may be conducted reactively, proactively, and even predictably. A Hazard is something with the potential to cause harm, and a risk is the potential outcome of a hazard.

What is the difference between a Safety System Hazard Register and a Risk Register?

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Sofema Aviation Services (SAS) www.sassofia.com Considers the importance of managing the risks in a systematic and controlled way, using a Risk Register as the Fundamental Tool.

Hazard identification is the foundation of the risk management process in an SMS and may be conducted reactively, proactively, and even predictably. A Hazard is something with the potential to cause harm, and a risk is the potential outcome of a hazard.

What is the difference between a Safety System Hazard Register and a Risk Register?

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Sofema Aviation Services (SAS) www.sassofia.com Considers the importance of managing the risks in a systematic and controlled way using a Risk Register as the Fundamental Tool.

Hazard identification is the foundation of the risk management process in an SMS and may be conducted reactively, proactively, and even predictably. A Hazard is something with the potential to cause harm, and a risk is the potential outcome of a hazard.

What is the difference between a Safety System Hazard Register and a Risk Register?

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Sofema Aviation Services (SAS) www.sassofia.com Considers the importance of managing the risks in a systematic and controlled way using a Risk Register as the Fundamental Tool.

Hazard identification is the foundation of the risk management process in an SMS and may be conducted reactively, proactively and even predictably. A Hazard is something with the potential to cause harm, and risk is the potential outcome of a hazard.

What is the difference between a Safety System Hazard Register and a Risk Register?

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Sofema Online www.sofemaonline.com (SOL) considers the fundamental aspects of Aviation Business Risk Management

 
Introduction

Risk management is a decision-making process that is designed to:

       »  Identify hazards in a controlled and systematic way
       »  Assess the degree of risk, and determine the best course of action. Key terms are:

Important Note: Absolute safety is not possible simply because complete freedom from all hazardous conditions is not possible.

Therefore, safety is a relative term that implies a level of risk that is both perceived and accepted.

 

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Posted by on in Regulatory

Sofema Online www.sofemaonline.com (SOL) considers the fundamental aspects of Aviation Business Risk Management.

Introduction

EASA is increasingly focusing on the introduction of Performance (Risk) Based Regulation (PBR) as a complement to a Prescriptive (Compliance Based) Regulation. With the goal of ensuring the best allocation of resources to both understand the risk facing the business together with the development of appropriate mitigations.

Risk Management should be considered a top-down process aimed at both understanding the scope of risks that the company faces and developing appropriate mitigations.

Risk management is essential to the ongoing well-being of the organisation and needs to be integrated into the basic operations of the organisation at all levels.

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Sofema Aviation Services (www.sassofia.com) considers key aspects related to Safety Management System (SMS) Root Cause processes.

Introduction

To fully engage with the RCA process and achieve effective risk analysis and assessment, requires that we first identify a process by which we can identify and report on hazards. 

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Steve Bentley CEO of Sofema (www.sassofia.com) looks at the challenges and obligations related to the auditing of SMS systems.

SMS is a business system just like any other, so as part of our Compliance Auditing obligations we will be looking at the following elements as suitable for our auditing activities.

a) Management
b) Documentation
c) Competence
d) Training

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