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Enhancing Risk Management at the Finnish Transport Agency: Strategies for the Future

The Finnish Transport Agency has made significant strides in risk management by addressing both safety and security issues through a newly formed top-level group. A comprehensive risk classification has been developed, encompassing strategic, safety, process, project, financial, personnel, operational, data security, and legal risks. Ongoing efforts include integrating safety, security, and risk management into a cohesive management system and preparing plans for exceptional situations. Despite progress, some vulnerabilities remain uncontrolled, prompting a focus on defining acceptable risk levels and collaborative contracts with industry partners.

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Enhancing Risk Management at the Finnish Transport Agency: Strategies for the Future

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  1. Enterprise Risk Management

  2. What has been done regarding risk management in the past • Agency level safety an security issues have been led by a top level group • Data security security issues have been handled somewhat separately • Risks have been systematically identified • Responsibilities have been defined • Control measures have been planned • Analysis and reporting is done regularly • We still have vulnerabilities that are not in sufficient control The Finnish Transport Agency

  3. What is being done now (1/2) New classification of risks • Strategic risks • Safety risks • Process risks • Project risks • Financial risks • Personnel risks • Operational risks • Data security risks • Legal risks The Finnish Transport Agency

  4. What is being done now (2/2) • New top level group to lead safety and security issues • Development of FTA’s Integrated Management System • Integration of all safety, security and risk issues into the management process • Contracts with key partners from the industry • Identification of key focuses (eg. extreme weather, cyber, installations, etc.) • Plans prepared for exceptional situations in advance • Definition of acceptable risk levels The Finnish Transport Agency

  5. Safety and security management vs. risk management The objective of safety and security management -> minimize threats and negative impacts on people, the environment and property The objective of risk management -> to keep business running The Finnish Transport Agency

  6. Thank you for your attention! Jan Juslén Director, Research and Development Programs Finnish Transport Agency jan.juslen@fta.fi The Finnish Transport Agency

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