Definition(s)
CBA
Cost-benefit Analysis.
Source: DHS Risk Lexicon, U.S. Department of Homeland Security, 2010 Edition. September 2010 Regulatory Guidance
Cost Benefit Analysis (CBA)
An analysis which evaluates the costs to be made versus the benefits obtained to reduce risk associated with an activity.
Source: International Association of Drilling Contractors, Appendix 2 to Health, Safety and Environment Case Guidelines for Offshore Drilling Contractors, Issue 3.3.2, February 2010. IADC Guidelines
CBA
Cost Benefit Analysis.
Source: ISO 17776:2000, Petroleum and natural gas industries – Offshore production installations – Guidelines on tools and techniques for hazard identification and risk assessment. Global Standards
Source: NOPSEMA Guidance Note: ALARP, N-04300-GN0166, Australia, Revision 4, December 2012. Regulatory Guidance
Source: NOPSEMA Guidance Note: Noise Management—Principles of Assessment and Control, N-09000-GN0401, Australia, Revision 3, December 2011. Regulatory Guidance