Guide for Measuring Financial Benefits of Airport Safety Management Systems

Airport sponsors are responsible for the safe operations of their airports. As the requirement for a safety management system (SMS) approaches, there is no quantitative data addressing the financial benefits and starting points in the implementation of an SMS. The lack of available information of financial benefits may create a reluctance to implement an SMS by airport sponsors. Addressing the scope of SMS financial benefits may enable sponsors to assess its financial capabilities to develop its SMS. Currently unknown variables to the industry include, but are not limited to: (1) What relevant data and activities are already being collected or performed? (2) How to identify the cost benefits of SMS key performance indicators? (3) How do airport sponsors prioritize its financial benefits and develop a successful SMS implementation? The objective of this research is to develop a guide for airport sponsors to identify the financial benefits of the implementation of an SMS.

Language

  • English

Project

  • Status: Proposed
  • Funding: $400000
  • Contract Numbers:

    Project 04-33

  • Sponsor Organizations:

    Airport Cooperative Research Program

    Transportation Research Board
    500 Fifth Street, NW
    Washington, DC    20001

    Federal Aviation Administration

    800 Independence Avenue, SW
    Washington, DC  United States  20591
  • Project Managers:

    McDonald III, Edward

  • Start Date: 20230308
  • Expected Completion Date: 0
  • Actual Completion Date: 0

Subject/Index Terms

Filing Info

  • Accession Number: 01854713
  • Record Type: Research project
  • Source Agency: Transportation Research Board
  • Contract Numbers: Project 04-33
  • Files: TRB, RIP
  • Created Date: Aug 16 2022 2:07PM