27054 Evaluate Risk in an Aviation Environment

Guidance Information

1Resources may include but are not limited to –Standards Australia/Standards New Zealand. 2009. AS/NZS ISO 31000:2009 Risk Management – principles and guidelines. Sydney and Wellington: Standards Australia and Standards New Zealand.

2All references to the CAA refer specifically to the Civil Aviation Authority of New Zealand.

3Industry standards are those set in place by the CAA.

4Industry texts may include but are not limited to – ICAO Safety Management Manual, CAA Rules, CAA Advisory Circulars, operator exposition, AS/NZS ISO 31000:2009.

Outcomes and performance criteria

Outcome 1

Explain risk evaluation in an aviation environment.

Performance criteria

1.1Risk evaluation is defined in accordance with industry standards and texts.

1.2The purpose of risk evaluation is explained in accordance with industry standards and texts.

1.3Risk evaluation is explained in relation to the overall risk management process in accordance with industry standards and texts.

Outcome 2

Evaluate risk in an aviation environment.

Performance criteria

2.1Techniques and tools for risk evaluation are identified and utilised in accordance with industry standards and texts.

Rangetechniques and tools include but are not limited to – cost-benefit analysis, further stakeholder consultation.

2.2The risk level for each identified risk is compared with the risk criteria to determine if the risk acceptable, in accordance with industry standards and texts.

2.3Each identified risk is determined as to whether it is at a tolerable level, taking into account the risk appetite in accordance with industry standards and texts.

2.4Each identified risk which is not at a tolerable level is determined as to whether risk treatment is necessary in accordance with industry standards and texts.

2.5Whether risk requires further analysis is determined so any decision to not carry out risk treatment is an informed one.

2.6The risks are prioritised for risk treatment implementation in accordance with industry standards and texts.

Status information and last date for assessment for superseded versions

This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.

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