Integrated Operations
RISK ASSESSMENT AND MANAGEMENT
The latest amendment to ISM code came into effect from 1st July 2010. One of the amendments relates to requirement for the company to assess...
- Category
- Integrated Operations
- Course Code
- RAM
- Training Mode
- Asynchronous Class (Online Training - Module Only)
Course Overview
- The latest amendment to ISM code came into effect from 1st July 2010. One of the amendments relates to requirement for the company to assess all identical risks & establish safe guards. This is a new auditable requirement which is likely to be verified during audits onboard vessel and ashore in offices.
- It can be said that the development and implementation of a documented safety management system is an exercise in risk management. The drafting or amendment of written procedures involves looking at the company’s activities and operations, identifying what could go wrong, and deciding what should be done to prevent it.
- Risk Assessment/ Management is now a proven technology to address larger hazards in a structured manner, and to ensure cost-effective reduction of risks to appropriate levels
