Risk based rulemaking and design - Proceed with caution

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dc.contributor.author Zachariadis, P en
dc.contributor.author Psaraftis, HN en
dc.contributor.author Kontovas, CA en
dc.date.accessioned 2014-03-01T02:51:10Z
dc.date.available 2014-03-01T02:51:10Z
dc.date.issued 2007 en
dc.identifier.uri http://hdl.handle.net/123456789/35419
dc.relation.uri http://www.scopus.com/inward/record.url?eid=2-s2.0-56149113789&partnerID=40&md5=f5496e9f759ed30f70eebafc37cd4b2b en
dc.subject.other Design en
dc.subject.other Laws and legislation en
dc.subject.other Oxygenators en
dc.subject.other Risk assessment en
dc.subject.other Ships en
dc.subject.other Acceptable risks en
dc.subject.other Classification societies en
dc.subject.other Cut corners en
dc.subject.other Design approaches en
dc.subject.other First principles en
dc.subject.other Formal Safety assessments en
dc.subject.other Future researches en
dc.subject.other Regulatory frameworks en
dc.subject.other Risk based en
dc.subject.other Risk based approaches en
dc.subject.other Risk models en
dc.subject.other Safety levels en
dc.subject.other To many en
dc.subject.other Risk perception en
dc.title Risk based rulemaking and design - Proceed with caution en
heal.type conferenceItem en
heal.publicationDate 2007 en
heal.abstract The trend towards a risk based regulatory framework at IMO and within classification societies is expanding while some voices claim that a full ship risk based scantlings design approach can be immediately implementable. This paper attempts to clarify some widely used, but confusing to many, notions such as Risk Based Rulemaking vs. Risk Based Design, and IMO's Goal Based Standards Traditional Approach vs. Safety Level Approach, and the implications of their use, or misuse, to future ship rulemaking, design and safety. The paper elaborates on some identified weaknesses of Formal Safety Assessment and the risk based approach which must be corrected. It further cautions on the over eagerness of some rule makers and designers to drop all prescriptive rule formulations and haphazardly adopt risk based formulations borrowed from other industries which may not be appropriate for ships. A reliable risk based approach involves avoidance to cut corners and thus avoidance on relying on a large number of arbitrary assumptions. To be applied properly, the risk based approach requires a significant amount of future research in order to reliably link from first principles the ship risk model with the desired acceptable Risk or Safety level. © 2007: The Royal Institution of Naval Architects. en
heal.journalName RINA, Royal Institution of Naval Architects International Conference - Developments in Classification and International Regulations - Papers en
dc.identifier.spage 77 en
dc.identifier.epage 86 en

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