What is a Risk Management Plan?
Risk management plans (RMPs) are designed to protect the community around a site by preventing catastrophic accidental releases of the most hazardous substances used in industrial processes. The RMP includes many common-sense provisions that are part of accepted engineering practice: standard operating procedures, safety reviews, preventative maintenance, operator training, accident investigation, risk assessment, emergency response, and management of change. The RMP is a written plan that summarizes the implementation of the risk management program and contains elements such as an executive summary, registration information, an off-site consequence analysis, the five-year accident history, prevention program information, emergency response program information, a certification, information on persons involved with the risk management program, a profile of the neighborhood, insurance carrier data, and characterization of the EHS inventory.