Value of a Statistical Life (VOSL) is a way to express the social cost of a fatality so safety decisions can be supported by cost–benefit analysis..

Let me unpack that statement with you.

A few years ago – around the time the Health & Safety at Work Act was coming into effect here in New Zealand – a friend and I met for a beer. He..

Consequence modelling is used to determine the worst-case scenarios that could occur due to a loss of containment of hazardous materials. This is..