Risk Management

The thinking behind Aviation Risk Management

Risk in aviation requires management. An operator can eliminate risk by not flying their aircraft; alternatively, they can take serious risks on a daily basis - both of which are clearly not options! Operators therefore have to manage the risks they face to a point where they are as low as reasonably practical (ALARP).

This is what PRISM software helps you to do. In doing so, PRISM also meets all the aviation regulatory requirements for Quality Management and Safety Management Systems making PRISM an Integrated Quality, Safety and Risk Management Tool.

How is ALARP defined?

ALARP is commonly defined in Risk Management as the point where limited decreases in Risk can only be gained through major and unacceptable increases in investment.

ALARP

As Risk reduction measures are introduced into an organisation, so the investment required increases. Initially, relatively small investment produces significant reductions in Risk. The lines are however not linear as the graph opposite shows. Therefore there comes a point at which further investment is not practical given the limited reduction in Risk it achieves. This is ALARP.

The area defined by the green circle on the graph is where an operator should be with regard to risk management and control. Some risks will not be able to be reduced to a low level and will remain a medium risk (in the orange area on the graph). These have to be identified and more closely monitored in order that they do not escalate.

Why automate risk management?

To achieve successful results, risk management takes a significant amount of time and resources if carried out in the conventional way. In addition to complex reporting, report tracking, evaluation, recording and rectification procedure requirements, all necessitating expensive manpower, the system also has to be regularly evaluated (Risk Assessed) by costly professional consultants if it is to be in any way effective.

Automating the system can remove a significant element of the resources required (along with their associated costs). Manpower requirements are reduced to a minimum, management time is significantly reduced, and Consultants are no longer required to carry out expensive Risk Assessments. Add to that the efficiency of a web based automated system, where staff are automatically notified by the system if they are required to either be informed of important risk information changes or take some form of action, it can easily be seen that an automated Quality and Safety Management System has tremendous advantages over the conventional paperwork system.

For the average aviation operator all this comes at less than the cost of one mid level employee per year. If ever there was a case for automation, this must be it.

Why PRISM?

PRISM gives you real-time risk management and allows you to reveal hidden facts about your operations.

PRISM is unique in its ability to proactively alert operators to risk automatically.

Where alternative software products wait for the management team to run trends on the data that they have stored in the hope that trends will allow them to recognise an increasing risk or problem before it becomes an expensive accident, PRISM allows that same trending to take place but it also monitors every report entered into the system as it is risk assessed.

Therefore, if there is any increase in the level of risk associated with any hazardous event and its relevant threats, PRISM automatically notifies management rather than waiting for them to run trends themselves, which may prove too late.

In short, PRISM alerts users and reveals risk information and associated trends that your management team may not otherwise see.

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See PRISM features at a glance