Safety Risk Management a Risk

Safety Risk Management A risk management plan is a step-by-step program that serves as a blueprint for a proactive approach to risk management. By tackling the topic in a structured manner, one can tick off each task with confidence and demonstrate an organization's professional commitment to safety. A program of this type is extremely valuable as it can serve as a deterrent to being sued and is evidence of a company's intent to manage responsibly if they are sued.

Additionally, it can help one to prioritize projects and make more efficient use of labor and funding (Designing a Risk Management Program for Mountain Biking, 2006). A good risk management program for a commercial fixed-based maintenance facility should: Identify the risk. All procedures and process should be evaluated for potential risks. All identified risks should be recorded and categorized based upon which part of the maintenance process they affect. Analyze the risk. All identified risks should be evaluated in order to determine how significant the risk is.

Risks should then be ranked as to their severity and the probability of them happening. Thus how likely is the risk to take place and if it does how sever are its effects going to be on daily maintenance operations? The list should then be broken down into levels of risk. Those at the top will be categorized as high risk, those in the middle as medium risk and those at the bottom as low risk.

Those risks that are highly probable and severe should end up at the top of the list while those that are not likely and have low severity will be at the bottom. Mitigate the risk. After risks have been identified and classified then each should be looked at in the context of what can be done to prevent the risk from happening. This is the action that will be taken to offset the risk from occurring. Those with a high risk level should be looked at first.

The ultimate goal is to know exactly what to look for in order to make sure that this particular risk never occurs. Another part of the plan though, is to have a plan in place that can be implemented if the risk does take place. Monitor the risk to assess if there are any changes. This step is important because when a plan is implemented it is often very hard to account for every risk that might be present.

So for this reason it is important to constantly be re-evaluating the maintenance shop in order to identify new risks or to tweak particulars in regards to already identified risks. Things change and thus the risk management plan should constantly be evaluated in order to make sure that it is as up-to-date as possible. Respond to the risk. If new risks are identified or changes found then these need to be addressed so that everyone knows what is going on.

Any changes or updates that need to occur should be done right away in order to minimize the risk as much as possible (Johnston, 2011). Another thing that a good risk management program should include is a good communication plan. If things are identified as risks and procedures are.