1. Refers to a level of risk that is neither negligibly low nor intolerably high, for which further investment of resources for risk reduction is not justifiable. ALARP Principle Risk should be reduced to As Low As Reasonably Practicable (ALARP) level considering the cost effectiveness of the risk control options. [1]
2. Describes the approach to health and safety management required by the UK Health & Safety at Work Act. [10]
3.ALARP ( As Low As Reasonably Practicable) refers to a level of risk that is neither negligibly low nor intolerably high, for which further
investment of resources for risk reduction is not justifiable.[12]
Sources
1. IACS International Association of Classification Societies LTD
10. ARF Document The exact reference is not provided.
12. MSC/Circ.1023-MEPC/Circ.392 Formal Safety Assessment
