Professional Documents
Culture Documents
AHM 621
RISK MANAGEMENT SYSTEM
FOR GROUND OPERATIONS
1. RISK MANAGEMENT
1.1 A risk management system for operational risks that is
formulated, driven, and enforced at the corporate level and
that is implemented at all stations shall be in place. The risk
management system shall have policies and procedures that
require:
(i) hazard identification;
(ii) risk assessment (identification, prioritisation, analysis);
(iii) risk control;
(iv) measurement;
(v) Follow-up and reporting.
In addition to the policies and procedures outlined above, the
risk management system must contain an organisational
framework and an infrastructure that effectively provides for
management of the company's exposure to risk in its daily
operations. The framework and infrastructure should be
comprised of:
1. An organizational chart that identifies all positions in the
organization that have supervisory responsibility for
managing operational risks;
2. Job descriptions for supervisory positions outlining the
risk management responsibilities and accountabilities for
each (example: . . . is responsible for managing the
company's exposure to operational risks . . . ).
3. A document describing:
(a) Risk management roles and responsibilities for all
positions in the company that deal with operational
risks;
(b) Company's philosophy on managing risk, i.e. level
of acceptable risk;
(c) Common language for identifying, prioritising, analysing, measuring and controlling risks;
(d) The kinds of internal communications to be disseminated on what risk management culture
means in the company;
(e) A process for conducting a periodic risk management review.
One of the reasons for implementing a formal framework for
a risk management system is to ensure that senior management is driving the system, roles are defined, accountabilities
are assigned, and employees understand what risk management means, how they fit into the picture, and how their
actions contribute to the company's overall exposure to risk.
1.2 A process shall be in place at the corporate level for
conducting a routine, periodic risk management review of all
of its operational risks at all stations. In addition, it shall be
ensured that formal risk assessments are performed more
frequently in response to significant events, initiatives or
hazardous conditions that could affect the safety or security
of ground handling operations, to include, at a minimum:
(i) the introduction of new operations;
(ii) significant changes to the internal and/or external business environment;
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