The management of safety, quality and environmental issues covers a co
mplex set of interrelated issues of concern to society and industry. T
raditionally an engineering approach has been adopted for the manageme
nt of risk; the development of technical standards, operations and req
uirements. Recently, industry leaders have begun to realize that real
progress will be made only through effective risk management systems.
This paper presents a few of the key requirements for improving risk m
anagement and risk analysis. By improving the way risk? analysis is us
ed for decision support improving hazard identification exercise, whil
e incorporating site specific properties of design, condition, operati
on and management into an analysis it is possible to improve the value
of current risk management techniques.