You have been asked to write a risk management system for a new company. The company is setting up interstate rail passenger operations in Australia. The company’s operation will include a fleet of second-hand locomotives and passenger carriages, a major maintenance facility and offices and passenger
handling facilities at capital city railway stations. The trains will operate scheduled services and all facilities, infrastructure, equipment and track access will be leased. Based on your readings and study in this Unit, describe the features of the RMS you would develop, the business risk issues, including rail safety, OHS and regulatory compliance risks, you might have to consider. Your paper (2000 words approx) should include the key headings and summary explanation for each, contained in the RMS you would propose for the new company.