Rolling stock risk management is an important part of the railway industry. It helps to ensure that trains and other rolling stock are always safe to operate, by identifying any potential risks or hazards. This can include anything from ensuring proper maintenance to inspecting for faulty parts or components.
Risk management also helps to investigate and analyse any incidents that may occur on the railway network, allowing for corrective action to be taken quickly and effectively. By having a robust risk management system in place, railways can prevent major accidents and improve safety standards for passengers and staff alike.
In addition, proper risk management can help reduce costs associated with equipment repairs or replacements as well as increasing operational efficiency overall.
Managing compliance to regulations is a critical component of managing risk on rolling stock projects. Without ensuring that all stakeholders are adhering to safety guidelines and other industry-specific regulations, the risk of potential accidents increases significantly.
Pride Solutions Derby assists Rolling Stock maintainers, operators and owners in assessing, defining, mitigating and controlling risks for projects across the board. Ensuring compliance to all applicable Railway Group Standards, BS ENs, ISOs, TSIs & Legislations.
