Table of Contents
SECTION 1: INTRODUCTION.......................................................................................4
1.1 Methodology......................................................................................................4
1.2 Objective of the Risk Management Process....................................................4
1.3. Scope................................................................................................................5
SECTION 2: DEFINITIONS AND REFERENCE PUBLICATIONS.................................6
2.1 Definitions..........................................................................................................6
2.2 Reference Publications.....................................................................................6
SECTION 3: RISK MANAGEMENT DECISION PROCESS..........................................8
3.1 Steps..................................................................................................................8
3.2 Benefits..............................................................................................................9
3.3 Decisions...........................................................................................................9
3.4 Introduction to The Risk Communication Process.........................................9
3.4.1 Dialogue..........................................................................................................9
3.4.2 Mix of Stakeholders......................................................................................10
SECTION 4: INITIATION.............................................................................................11
4.1 General.............................................................................................................11
4.2 Defining the Problem or Opportunity and the Associated Risk Issues.......11
4.3 The Risk Management Team..........................................................................12
4.4 Identifying Potential Stakeholders.................................................................12
4.4.1 Definition of Stakeholder.......................................................................12
4.4.2 List of Stakeholders...............................................................................13
4.5 Risk Communication Considerations............................................................13
4.6 Documentation Requirements........................................................................14
SECTION 5: PRELIMINARY ANALYSIS.....................................................................15
5.1 General.............................................................................................................15
5.2 Defining the Scope of the Decision(S)...........................................................16
5.3 Identifying Hazards Using Risk Scenarios....................................................16
5.3.1 Risk Scenarios........................................................................................16
5.3.2 Types of Hazard......................................................................................18
5.3.3 Types of Loss.........................................................................................18
5.3.4 Hazard Identification..............................................................................18
5.3.5 Identification of Risk Scenarios.............................................................19
5.4 Risk Communication Considerations............................................................21
SECTION 6: RISK ESTIMATION.................................................................................22
6.1 General.............................................................................................................22
6.2 Defining Methods for Estimation Frequency And Consequences...............23
6.2.1 Third-Party Review.................................................................................24
6.2.2 Validation................................................................................................24
6.3 Estimating Frequency of Risk Scenarios......................................................25
6.4 Estimating Consequences of Risk Scenarios...............................................26
6.4.1 Measuring Consequences.....................................................................26
6.4.2 Presenting Frequency and Consequence Estimates...........................26
6.5 Risk Communication Considerations............................................................28
Q850 Documentation Report
Management Review of Victoria Harbour Navigation Acitivities
Q850 DOCUMENTATION REPORT
MANAGEMENT REVIEW OF VICTORIA HARBOUR
NAVIGATION ACTIVITIES