NCJ Number
111407
Journal
Security Management Volume: 32 Issue: 5 Dated: (May 1988) Pages: 45-46
Date Published
1988
Length
2 pages
Annotation
By carrying out a risk analysis audit (RAA), a facility can effectively measure the scope of the management problem of hazardous materials storage and transportation and suggest recommendations.
Abstract
Hazardous materials, either stored or in transit, affect surrounding areas as well as their immediate locations. The purpose of an RAA is to help corporate management develop sound attitudes about risk exposure, recognize exposures to loss, and seek further clarification about risk from specialists in the loss-prevention field, if necessary. To accomplish this, a study of the facility's situation and consultation with division heads to gather input is necessary. This entails (1) researching all hazardous materials the facility uses, (2) listing what the materials are and what safety effects there are, (3) explaining hazardous materials that affect all persons working at the facility, and (4) estimating the amount of monetary loss the facility would sustain due to a fire, explosion, implosion, or gas leak caused by hazardous materials. Management must be prepared to work with the Occupational Safety and Health Administration (OSHA) and local fire departments to deal with hazardous materials and still keep the facility's operating costs to a minimum. OSHA has established precise specifications, safeguards, and destinations to be used when shipping hazardous materials.