Abstract
A systemic approach has been adopted to construct a model for a safety management system (SMS). It has been applied to the case of fire safety for an oil and gas organization as an illustration, although the approach is general. The essential purpose has been not merely to identify functions but to create a "structure" for a SMS, within which necessary "process" or action takes place. Fire loss may be seen as a "systemic" failure, not a result of a single "cause". The approach aims to help to maintain fire risk within an acceptable range in an oil and gas organization's operations in a coherent way. The concept of "viability" of a safety management system is introduced and given a probabilistic interpretation. It is hoped that this approach will lead not only to more effective management of fire safety in an oil and gas organization, but also to more effective management of safety, health and the environment for any organization.
Volume
Vol. 28, No. 3
Page
412-425
Year
2003
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Risk Categories
Hazard Risks
Business Areas
Fire and Allied Lines
Practice Areas
Risk Management
Publications
Geneva Papers on Risk & Insurance Issues and Practice