Safety and Risk Management Report

Running Head: MANAGEMENT
0
[TYPE THE COMPANY NAME]
Safety and Risk
Management
Report
Student
9/7/2019

MANAGEMENT
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Executive summary
Safety means securing and protecting people from any mishappening, which can create
negative impact on them. In this assignment a brief description of safety and risk management
has been provided so that readers can get in-depth information about management. Through the
assignment it can be analyzed that hazards cannot be eliminated from the system, however its
impact can be reduced through preventive measures. In this report along with the importance
safety and risk assessment , focus has also been placed on “2017 Washington Derailment Case”
so that its major causes can also be analyzed.

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Contents
Introduction............................................................................................................................................3
Safety Management...............................................................................................................................3
Risk Analysis and Management............................................................................................................3
Importance of Safety and Risk management.........................................................................................4
Train Accidents..................................................................................................................................4
2017 Washington Derailment Accident.................................................................................................4
Safety Measures Breached.....................................................................................................................5
Aftermath of the incident.......................................................................................................................6
Policy and development.........................................................................................................................7
Conclusion.............................................................................................................................................9
Bibliography........................................................................................................................................10

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Introduction
Safety means saving the people working in a particular environment from risk or hazards,
which can and cannot be forecasted, before time. To tackle such hazards, organizations practice
safety, and risk management through risk can be identified and its degree so timely action and
the decision can take up to prevent such hazards. Despite management accidents and disasters do
occurs. Its prevalence can be observed through the medium of the "2017 Washington
Derailment" case study ( Lele, 2012). In this assignment, a brief discussion and information
about Safety and Risk management have been described following the case study.
Safety Management
Safety is a cohesive part Safety management system is a comprehensive management
technique prepared to the management and monitor the safety aspect of the workplace. It
comprises of various policy and plans and procedure which secure and safe the personnel from
hazards and unforeseen contingencies. The companies adopt SMS, which majorly operates in
aviation, petroleum, chemical and electrical. However, the safety culture in an organization
arises from responsibility and leadership which is placed over the leaders to understand its
concept. A leader promotes the safety culture in the company through regular inspection, by
understanding the concept of an accident. Through identifying the issue and efficient practices of
safety culture leaders conduct safety management (Miller, 2011).
Risk Analysis and Management
Risk management is a procedure of detecting, assessing and monitoring the hazards,
which can create an impact on the profitability of the company. However, risk can be positive as