Aviation Safety Management

       Performance Objective .  determine and analyze the severity and  likelihood of potential events associated with identified hazards, and will identify risk factors  associated with unacceptable levels of severity or likelihood.       Design Expectations. (1) Safety risk analysis process will include:       (a) Existing safety risk controls,       (b) Triggering mechanisms, and       (c) Safety risk of reasonably likely outcomes from the existence of a hazard.             1. Likelihood, and             2. Severity.           Risk Analysis and Assessment. Process 2.2.1 and 2.2.2. The risk analysis and risk assessment components of the  SMS Framework use a conventional breakdown of risk by its two components:       likelihood of occurrence of an injurious mishap and  ...