Acceptance criteria for the risk of losses due to accidents

An acceptance criterion defines the highest accepted risk, as documented for example in a company s SHE policy. The risk is expressed as a combination of the frequency of the occurrence of losses due to accidents per unit of exposure in a specified activity and the consequences of such losses. 

In the range between the acceptance criterion and the goal, the risk should be as low as reasonably practicable (ALARP). 

Risk-acceptance criteria are used as a reference in evaluating the results of the risk analysis and in determining the needs of remedial actions. They therefore have to be available prior to the start of the analysis. There are many different types of risk acceptance criteria, see NORSOK standard Z-013 for an overview (Norsk Standard, 1996/97/98/99). Here we will use acceptance criteria related to the risk of fatality or injury to personnel. They must meet the same standards as those of the SHE performance indicators discussed in Section 11.1. In other words, they must be  

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According to Norwegian risk-analysis regulations, oil companies have to develop acceptance criteria for the risk of losses due to accidents. Risk analyses should be used to verify that new design solutions meet these criteria. Norskoil applies the following acceptance criteria for the Ymer platform ... 

SHE objective and goals and acceptance criteria for the risk of losses due to accidents. 

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