A mature Safety Management System (SMS) will contain a Hazard Identification Element that identifies hazards that adversely affect safety. These HAZARD ID processes also provide practical and objective mechanisms to assess the risk presented by those identified hazards and implement ways to eliminate or mitigate the associated risks those hazards may pose to the worker, environment, and business. The result of this SMS Element is achieving an acceptable level of safety while balancing the allocation of resources between production and protection.
From a resource allocation perspective, the concept of a “safety space” is instrumental in describing how this balance is achieved.
What is the “Safety Space?”
