It’s The Smart Phone Flying
The standard for accepting a risk level is a floating standard, where one enterprise may set the risk acceptance bar at one level, while another enterprise sets the bar at a more complex level or at a less complex level for the same hazard. Risk levels are referred to as levels of risk based upon a numerical or alphabetical scale. A risk matrix is applied for ranking events in the decision-making process to accept, reject, mitigate, eliminate or transfer a risk level. Applying a risk matrix is an industry wide accepted risk analysis standard. While the risk level identification are standard levels, data applied to establish each level may vary. This in itself establishes a floating risk level bar of identical hazards. In addition, an established risk level bar has little or no chance to be moved after a re-assessment. The nature of human factors is to take the path of least resistance and status quo is that path. A risk-matrix scale are arbitrary selected levels. It might b...