Identify Risk and Apply Risk Management Process
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IDENTIFY RISK AND APPLY RISK MANAGEMENT PROCESS
The organization I have selected in this report is a bus organization named Lion King Coaches. The bus organization has three buses which operate between Tullamarine airport and Melbourne CBD.

Task 1
Lionking Express Coaches is committed to operating in a way that ensures there is minimum risk of injury to workers, passengers and the general public. Management is responsible for the safety of the organization and promote a climate in which all persons are at low risk and ensure that controls are in place to reduce risks so far as reasonable practicable.

Lionking Express Coaches is committed to compliance with relevant parts of the Bus Safety Act 2009, Transport Integration Act 2010 and Bus Safety Regulations 2010.

Lionking Express Coaches is committed to continually improve safety performance levels by:
Avoid and minimize the risk of harm to persons arising from the transport system by developing transport infrastructure and transport system user behavior.

Manage and maintain safety of bus services by continuous improvement in bus safety management.
A safety culture among persons who participating in the provision of bus services.
Promote forms of transport and use of forms of energy which have the greatest benefit for and least neglect the impact on health and wellbeing.
Making manger and supervisors responsible for implementing the relevant section of the Management Information System and Maintenance Management System.

The above mentioned safety initiatives has been added to develop a safety policy for Lionking Express Coaches and these five points are the main objectives of BSA 2009.

Lionking Express Coaches has an effective risk management procedure in the work place which mainly reflects on six factors:
1) Determining the objectives of the organization
2) Identifying exposures to loss
3) Measuring those same exposures
4) Selecting alternatives
5) Implementing a solution
6) Monitoring the results.
These six steps help the organization in providing consistent risk management techniques across the organization. Specific standards to identify a risk or hazard have been developed by our bus organization. These standards allow them to identify which type of hazard or risk is and degree of that hazard or risk. After identifying the degree of that hazard or risk their safety committee identify how to eliminate that hazard or risk or if it is not possible they try to find other way to engineering particular risk.

All the information is taken and stored as formal information for future use.
Task-2
Risk involved with following area in bus organization.
Example
Commercial relationship
Risk from other competitors
Economic circumstances and scenarios
Increase in fuel prices or spare parts of buses
Human behavior
Mischievous passengers
Individual activities
Lack of Bus drivers responsibilities
Legislation
Change in bus safety act
Management activities and control
Poor management polices
Natural events
Natural disorders like tsunami or earthquake
Political circumstances
Increase in bus ticket prices
Technology
Change in bus technology
Following are the risk evaluated from individual activities and the table also contains the likelihood and consequences of risk. These risks are maintenance related risks.

RISK DESCRIPTION
CONSEQUENCES
LIKELYHOOD
RANKING
Run out of fuel
No injuries
Insignificant
Breakdown of bus on crossing
Injury/broken bones/single fatality
Could be major
High
Leakage of oil
Possible slippage/injury/broken bones
Moderate
High
Bus break down during the trip
Injury may occur to passengers while waiting for bus to be fixed
Minor
Breakdown of wheel
Numerous fatalities and/or serious injuries
Fundamental
Extreme
Puncture of wheel
Injury may occur to passengers while waiting for bus to be fixed
Moderate
Break fail
Numerous fatalities and/or serious injuries
Fundamental
Extreme
Unexpected noise out of bus engine
Injuries or ailments not requiring medical treatment
Insignificant
Breakdown of bus automatic doors
Number of light injuries not requiring medical treatment
Minor
Breakdown of bus air-condition system
Injuries or ailments not requiring medical treatment
Insignificant
Broken bus floor
Number of light injuries not requiring medical treatment
Minor
Bus sits with broken cover
Injuries or ailments not requiring medical treatment
insignificant
Risk discussed with a bus driver of the company:
The above mentioned risks are discussed with the companies bus driver to minimize them. The bus driver has been train to make him learn about his responsibilities. According to the bus organization polices the Bus driver is responsible for safety of passengers travelling in their bus. He has to drive responsibly and take care of the physical safety of the boarders. He has to responsibly stop at all designated places or bus-stops and receive/drop all the boarders. He must not ignore any riders and take special notice while riders are boarding on or off the bus to avoid injuries. He must be equipped with first aid solutions in case of any accident happen inside the bus. He must coordinate with the transport manager and depot manager during his shift.

Task 3
The above mentioned maintenance related risks are explained with the control

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