TR 118:2024

Risk management framework for railway assets


This TR provides an overview on the risk management processes in the context of safety, operational performance, and life cycle supportability of railway assets in Singapore. It also gives provisions on risk assessment processes that can be applied for the purpose of compliance or conformance to the mentioned risk governance in the local context. References to Singapore standards and international standards are included as sources for detailed information.

This document does not cover risk matrices that define the risk acceptance criteria for the mentioned risk domains as these criteria are established, approved for use and periodically reviewed by authorities of the respective risk governance frameworks based on the stakeholders’ risk appetite.




Status Current
Edition 2024
No. of Pages 16
ICS Classification 03.100.01 Company organization and management in general
45.020 Railway engineering in general
Committee Transportation Standards Committee
Available for Purchase Global
Adoption -