"ALARP" stands for "as low as reasonably practicable." This concept involves balancing a risk against the effort, time, and cost required to mitigate it. Essentially, ALARP defines the extent to which we anticipate workplace risks to be managed
Objective
The objective of an ALARP Demonstration Study is to collate the recommendations and results from all other studies, to determine if these results are in compliance with suitable international, national and company standards. The initial part of the ALARP demonstration will be a review of the design documentation
The study shall also include a review of the impact to risk after implementation of the RRM. This is partially undertaken in the QRA, the findings of which is summarised here. Additional impacts from other RRM are discussed in order to conclude if the risks are As Low As Reasonably Practicable.
If deemed necessary, suitable cost benefit analysis is undertaken in conjunction with the QRA (Quantitative Risk Assessment). The exact tool is agreed on a case by case basis.