FAA’s SRM Risk Assessment Element
The FAA’s SRM Risk Assessment element is the 4th component in the Safety Risk Management Process. This process is outlined in the Advisory Circular and is based on the 4 Pillars of SMS.
The FAA's SRM Risk Assessment will naturally result from the SRM Risk Analysis component. Once a thorough risk analysis has been performed, responsible managers should have a good idea of the chances of a risk occurring, as well as potential damages/injuries.