Operational risk management measurement

Article 3(37) of REACH defines exposure scenarios as the set of conditions, including operational conditions and risk management measures, that describe how the substance is manufactured or used during its life-cycle and how the manufacturer or importer controls, or recommends downstream users to control, exposures of humans and the environment [...] . 

The chemical safety assessment has to consider the manufacture or preparation of the substance as well as all identified uses. An identified use is a use of a substance or preparation containing it that is intended by a person involved in the supply chain or that is made known to him in writing by an immediate downstream user. The assessment shall consider all stages of the life cycle of the substance resulting from its manufacture and identified uses. The assessment has to be based on a comparison of the potential adverse effects of the substance with the known or reasonably foreseeable exposure of man or the environment, taking into account implemented and recommended risk management measures and operational conditions. 

In situation one, the organization to which the safety professional gives counsel has OSHA incident and lost-workday case rates (DART rates) three times that of its industry averages. Much needs to be done to bring operational risks down to acceptable levels. Leading indicators selected would be for the basics of an operational risk management system and a measurement system could be established with suitable and attainable goals. 

This premise—If the risk assessment process is not done well or not at all, the appropriate preventive measures are unlikely to be identified or put in place—applies to all aspects of operational risk management—occupational safety, occupational health, environmental matters, product safety, all aspects of transportation safety, safety of the public, health physics, system safety, fire protection engineering, property damage and business interruption avoidance, and the like. 

In Chapter 25, Measurement of Safety Performance, it is said that precise and certain measures of safety, health, and environmental performance are difficult to obtain. Nevertheless, audits can be highly effective measures of the quality of operational risk management in place if they are well conceived and well done. It is suggested that the observation made by Kase and Wiese (1990) concerning the purpose of a safety audit be kept in mind ... 

Audits are highly recommended as performance measures. For the not-large operation, particularly, operational risk management audits should be one of the several measures selected to evaluate performance. 

When these standards are met, the registrant proceeds to document the conclusions of the CSA in a CSR which is submitted to ECHA. The final exposure scenario(s), which define the operational conditions and risk-management measures required to ensure the safe use of the substance, are communicated to downstream users through the Safety Data Sheet (SDS). 

Beyond playing a significant role as a measurement tool, audits provide the opportunity to share a set of fresh perspectives on areas where requirements have yet to be codified (e.g., process control procedures, management information systems, and maintenance programs). Audits also serve to indicate ongoing efforts to reexamine and reevaluate operations to further reduce operational risks and consequent liabilities (including property damage and business interruption). 

Therefore, in this approach, we develop Risk Model III as a reformulation of Risk Model II by employing the mean-absolute deviation (MAD), in place of variance, as the measure of operational risk imposed by the recourse costs to handle the same three factors of uncertainty (prices, demands, and yields). To the best of our knowledge, this is the first such application of MAD, a widely-used metric in the area of system identification and process control, for risk management in refinery planning. 

New measures and procedures to manage operational risk with applications to the planning of gas commercialization in Asia. Computers el Chemical Engineering,... 

European eco-labeling of paper products, and in the existing European eco-labeling for cleaners under Regulation 1980/2000/EC. In addition, the EU Commission made further recommendations on risk reduction measures for EDTA. First, it asked EU Member States to establish Environmental Quality Standards (EQS) for EDTA, and the national pollution reduction measures to achieve those EQS in 2015 should be included in the river basin management plans in line with the provisions of Directive 2000/60/EC. Second, EU Member States should specify in IPPC permits measures on EDTA to operate to BAT by October 2007, taking into account local circumstances. Further, as BAT is developed, this should be incorporated into the permits. 

Risk Management Plans should be established prior to cutover in order to define the fallback measures to be taken in the event that the system fails to perform within the operational environment. Risk management strategies may include parallel running of manual or legacy systems, interim manual systems or fallback to the previous versions. Whenever possible, a phased cutover from manual or legacy systems is recommended. 

Function with Cross-Reference to Specification Document Subfunction GxP Relevant (Y/N) Short Justification Potential Impact Cause OP (Operation) iT (Design) impact Recognition (S—Source) (K—Knock-on Effect) Level of Risk Without Risk Management Risk Management Design Enhancement Test Thoroughness Operationai Measures (e.g., SOPs)... 

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