Safety risk management

Safety engineering and project management of safety oriented projects is somewhat of a world onto itself; the issues at stake are often profound.

Matthew Squair writes eloquently on this subject at his blog "Dark Matter". I found one of his papers, "Current theory and practice of risk safety management", to be a good primer to the subject.

Here's his idea of the theory of safety:

Put this in a risk management context, and you get something like this:

Squair offers several 'take away' conclusions and suggestions, but I like this one:

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