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SEVERITY LEVELS RATING 0 1 2 3 4 PHYSICAL INJURY No Injury Minor Injury Serious Injury Single Fatality Multiple Fatalities DAMAGE TO THE ENVIRONMENT No Effect Minor Effect Contained Effect Major Effect Massive Effect DAMAGE TO ASSETS No Damage Minor Damage < US $50K Substantial Damage < US $250K Major Damage < US $1M Catastrophic Damage > _ US $1M POTENTIAL INCREASED COST OR REVENUE LOSS No Increased Cost Or Lost Revenue Minor Loss < US $50K Substantial Loss < US $250K Major Loss < US $1M Massive Loss > _ US $1M DAMAGE TO CORPORATE REPUTATION No Implication Limited Localized Implication Regional Implication National Implication International Implication A UNKNOWN BUT POSSIBLE IN THE AVIATION INDUSTRY B KNOWN IN THE AVIATION INDUSTRY C OCCURRED IN THE COMPANY D REPORTED >3X/YR WITHIN THE COMPANY E REPORTED >3X/YR AT A PARTICULAR LOCATION LIKELIHOOD LEVELS ACCEPTABLE ACCEPTABLE WITH MITIGATION UNACCEPTABLE SAFETY MANAGEMENT SYSTEM FOUR PILLARS OF SAFETY MANAGEMENT: • Safety Policy – Clearly defined policies, procedures, and organizational structure. • Safety Risk Management – Formal system of hazard identification, risk assessment, resource allocation, and system monitoring. • Safety Assurance – Continuous quality improvement of processes and products. • Safety Promotion – Continuous communication of safety values and practices that support a sound safety culture. CHARACTERISTICS OF A SYSTEMS APPROACH TO SAFETY MANAGEMENT: • Assign responsibility and authority to individuals tasked with the accomplishment of safety action. • Provide clear instructions to members of the organization. • Establish interfaces between individuals and organizations to facilitate safety action. • Establish measurements of processes and products of the system. • Establish organizational controls to ensure system output accomplishes the intended objective. RISK ASSESSMENT MATRIX
