What does ALARP mean in General?

This page is about the meanings of the acronym/abbreviation/shorthand ALARP in the Business field in general and in the General terminology in particular.

As Low As Reasonably Practicable

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What does ALARP mean?

ALARP stands for "as low as reasonably practicable", and is a term often used in the milieu of safety-critical and safety-involved systems. The ALARP principle is that the residual risk shall be as low as reasonably practicable. It has particular connotations as a route to reduce risks SFAIRP in UK Health and Safety law. For a risk to be ALARP it must be possible to demonstrate that the cost involved in reducing the risk further would be grossly disproportionate to the benefit gained. The ALARP principle arises from the fact that infinite time, effort and money could be spent on the attempt of reducing a risk to zero. It should not be understood as simply a quantitive measure of benefit against detriment. It is more a best common practice of judgement of the balance of risk and societal benefit.

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"ALARP." Abbreviations.com. STANDS4 LLC, 2017. Web. 23 Oct. 2017. <http://www.abbreviations.com/term/543811>.