Exposure
Exposure in the Safety Management System is an integrated part of a risk assessment and risk analysis. A risk assessment involves several steps and forms the backbone of an overall risk oversight plan. Included in a risk assessment is one or several risk analyses to determine the defining characteristics of each hazard and to assign risk level scores based on the analysis. Key components of a risk analysis are likelihood, severity and exposure. Likelihood is a definition of times between intervals of an active hazard, severity is a defined outcome of the occurrence, and exposure is the variable, defined as common cause variation or special cause variation and a assigned a function, or weight score, between 0 to 1. If the exposure is zero, the hazard does not exist or has been eliminated. When the exposure is one, the impact of a hazard is inevitable. When common cause variations are treated as special cause variations, the risk analysis has taken the wrong turn at the fork in the ...