Risk Assessment Tool
Component Description: This tool is a proactive risk management tool designed to target and mitigate risks for a specific flight. Each risk has a weighted value that is automatically totaled. The total is color-coded and determines the next mitigation action. This tool allows you to progressively see the risk profile of a flight in its planning stages. The following categories are automatically subtotaled: Pilot Qualification and Training, Operating Environment, and Equipment. A Flight Department may change, after a realistic assessment, any item currently used in the tool. Over time, this tool will become unique to each operator and can become a part of its complete SMS.
SMS Requirement: Risk assessment and mitigation processes analyze and eliminate, or mitigate to an acceptable level, risks that could threaten the safety of flight. Risk assessment tools are only part of the SMS and should not be considered the whole system. Risk assessment and management must be fully integrated into all operations and maintenance activities.