Safety and Risk Management in Railway Industry

Running head: SAFETY AND RISK MANAGEMENT
SAFETY AND RISK MANAGEMENT
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SAFETY AND RISK MANAGEMENT1
Executive Summary
Railway industry is considered as most important part for people’s transportation facility. It
generates results of majority monetary and communal expansion. In recent times, several
countries for example Australia have been facing weighty financial, social and political hassles
to increase operation as well as safety provisions. Furthermore, in Australia, although there is
major assumption in numerous eminent undertakings, the magnitudes of railway network has not
renovated significantly. The following paper has offered inclusive insights regarding the
importance of safety and risk in railways as well as the way safety breaches has caused train
accident recently.

SAFETY AND RISK MANAGEMENT2
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Safety Breaches related to Richmond Train Crash......................................................................3
Changes to policies after Richmond Train Crash........................................................................5
Conclusion.......................................................................................................................................7
References........................................................................................................................................8