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ERTMS

ERTMS is a solution for Europe to overcome the integration challenge for its rail sector.

Review: Rasmussen’s 1997 paper – Risk management in a dynamic society: A modeling problem

The article by Rasmussen (1997) begins with an introduction that risk management is treated differently across all relevant hierarchical levels of a socio-technical system. However, due to the dynamics of the system, treating risk-related decision-making in isolation does not enable us to recognize when we cross the boundary of safe operation. Thus, when assessing risks in a complex socio-technical system, we have to include the layers of legislation, management, work planners and system operators. As a result, we need to touch upon risk models of the disciplines varying from economics, organizational theories and cognitive psychology to engineering.

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