Blog posts tagged in Risk Management

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?

Last modified on

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?

Last modified on

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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