Global Joint Conference on Industrial Engineering and Its Application Areas, 14 - 15 August 2020, pp.1-11
Risk management has been applied in a wide range of industries to ensure safety. As part of the risk management process, risks are assessed by using risk management tools and techniques. Many of those techniques were developed long ago to analyse individual system components. In complex systems, however, accidents emerge from system interactions. Hence, traditional risk management methods have become inadequate to analyse risks in complex systems. The Functional Resonance Analysis Method (FRAM) was recently developed to address the limitations of traditional risk management methods. This study provides an example of the use of FRAM to demonstrate its use and to highlight its potential value in safety risk management.