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Showing posts with the label Risk management

Risk Categorization

  Risk Categorization -     The completion of the initial Preliminary Hazard List (PHL) permits categorization of the planned facility  into risk categories. Categorizing is based on several factors, such as number of people exposed, type and  degree of inherent hazard of operation,  vulnerability, and cost. Inputs include whether or not the facility is “one of a kind” or a standard design  and how it impacts the rest of the installation. For example, the failure or destruction of a facility used to  house emergency power or one through which communication lines run may shut down an entire airport or  region. The designation should reflect the local concern for operational safety and health risks presented by  the facility and its mission. It is critical that the appropriate risk categorization be applied in each instance.  Initial Risk  Categorization  Facility’s Mission  Energy Sources  ! Type  ...