ALARP (As Low As Reasonably Practicable) is a term used in the health and safety system by the regulation and management of safety-critical and safety-involved systems. An ALARP is as satisfying requirement to keep the risk level as low as possible which the risk is the combination of the frequency (likelihood) and consequence of a specified hazardous event. (Refer to the SFAIRP (so far as is reasonably practicable))
Reference Definition by Hse.gov.uk: The ALARP stands for As Low As Reasonably Practicable. Using reasonably practicable allows us to set goals for duty-holders, rather than being prescriptive. This is the level to which risks should be controlled. Thus, determining that risks have been reduced to ALARP involves an assessment of the risk to be avoided, of the sacrifice (in money, time and trouble) involved in taking measures to avoid that risk, and a comparison of the two. (Also Refer to the SFAIRP (so far as is reasonably practicable))
Related Definitions in the Project: The HSE Management; Project Management
