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The BSO line stands for Basic Safety Objective. Once the level of risk is reduced to

               the BSO it is not mandated to use resources to reduce risk to zero.
               The  BSL  line  is  a  Basic  Safety  Limit  ,  above  which  risks  are  intolerable,  which  is

               subjected to change depending upon any change in technology, resources etc , and
               hence  the  BSO.  This  is  very  similar  to  current  regulatory  thresholds.  The  area  in

               between the BSO and BSL is the ALARP region as described above.
               These approaches lead to the possibility of early mitigation measures and marshalling

               resources more effectively during development and inform decisions throughout the

               entire  process.  Action  plans  resulting  from  such  measures  are  driven  by  the
               expressions SFAIRP and ALARP.



               All potential additional risk controls which could be employed to further minimise the

               consequences  associated  with  each  outcome  should  be  identified  using  structured
               expert judgement and brainstorming. Where a number of controls are proposed, they

               should be assessed in combinations rather than individually in order to determine the
               lowest  residual  risk  that  can  be  achieved  within  the  bounds  of  reasonable

               practicability.

               Risk Rating System




               To  determine  the  relative  significance  of  risks  a  risk  assessment  matrix  is  used.  A
               typical general representation of same is presented below.



































                                           Table1- Risk Rating Matrix
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