As Low As Reasonably Practicable definition
As Low As Reasonably Practicable or “ALARP” means, in relation to a risk, that it has been demonstrated that the cost of any further risk reduction, where the cost includes the loss of defence capability as well as financial or other resource costs, is grossly disproportionate to the benefit obtained from that risk reduction.
As Low As Reasonably Practicable means the point where the economic/health and safety costs required to reduce the environmental impacts and risks of the activity any further would be grossly disproportionate to the environmental benefit gained. This principle arises from the recognition that infinite time, effort and money could be spent on the attempt of reducing a risk to zero, which is not feasible and may result in little net benefit to the environment.6
As Low As Reasonably Practicable. (“ALARP”) means the principle, in Risk Management, of reducing “the risk of Incidents as much as reasonably practicable to the point where the cost of further risk reduction would be grossly disproportionate to the benefits of such reduction”. As laid down in the Exploitation Regulations, the “reasonable practicability of risk reduction measures shall be kept under review in the light of new knowledge and technology developments and Good Industry Practice, Best Available Techniques and Best Environmental Practices”.
Examples of As Low As Reasonably Practicable in a sentence
The purpose is to establish a process to identify HSSE Hazards and to reduce the Risks to As Low As Reasonably Practicable (ALARP).
The contractor shall reduce noise exposure to As Low As Reasonably Practicable.
Such security management system shall be in line with existing industry best practice and shall state (i) the security-related guidelines and procedures to lower existing risks to As Low As Reasonably Practicable (ALARP), and (ii) all security procedures and instructions to be implemented at Site.