Introduction: The Role of Risk Management in Aviation SMS
Aviation risk management tools are essential for managing exposure within Safety Management Systems (SMS), ensuring safety aligns with operational demands. The Federal Aviation Administration reports that 70% of incidents stem from unaddressed risks, costing the industry $1.2 billion annually, per IATA.
Beyond risk analysis, these tools must address all four SMS pillars—Safety Policy, Safety Risk Management (SRM), Safety Assurance (SA), and Safety Promotion—to maintain an Acceptable Level of Safety (ALoS) under ICAO Annex 19 and FAA Part 5. SMS Pro’s aviation SMS software delivers comprehensive risk management with 78 modules, including offline auditing, automated workflows, and visual analytics.