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Article
Next generation risk management
Article first published online: 17 JUN 2004
DOI: 10.1002/prs.680160204
Copyright © 1997 American Institute of Chemical Engineers
1547-5913/asset/cover.gif?v=1&s=ab12c5b8566b0ebf52f016d329be184ec5a893f1 "Process Safety Progress")
Additional Information
How to Cite
Schumacher, R., Pitblado, R. and Selmer-Olsen, S. (1997), Next generation risk management. Proc. Safety Prog., 16: 69–71. doi: 10.1002/prs.680160204
Publication History
- Issue published online: 17 JUN 2004
- Article first published online: 17 JUN 2004
- Abstract
- References
- Cited By
Abstract
The management of safety, quality and environmental issues covers a complex set of interrelated issues of concern to society and industry. Traditionally an engineering approach has been adopted for the management of risk; the development of technical standards, operations and requirements. Recently, industry leaders have begun to realize that real progress will be made only throgh effective risk management systems. This paper presents a few of the key requirements for improving risk management and risk analysis. By improving the way risk analysis is used for decision support, improving hazard identification exercise, while incorporating site specific properties of design, condition, operation and management into an analysis, it is possible to improve the value of current risk management techniques.