Question: Assignment Instructions: SMS (Safety Management Systems) Analysis Tool Write a paper in which you discuss: (1) SMS analysis tools; (2) measuring SMS effectiveness quantitatively; and

Assignment Instructions: SMS (Safety Management Systems) Analysis Tool

Write a paper in which you discuss: (1) SMS analysis tools; (2) measuring SMS effectiveness quantitatively; and (3) how the use of risk management tools can improve the safety of aviation operations. As part of the paper, thoroughly address each of the following questions/topics. Wherever possible, give examples and explain your reasoning.

Distinguish between failure mode effects analysis and the fault tree analysis, and explain when each is used.
Distinguish between gap analysis and the Monte Carlo analysis.
Describe probabilistic risk assessment.
Describe the steps in data mining, and tell why data preparation is important in data mining.

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