📄 Abstract
This study evaluates the cost-benefit performance of safety risk management measures in urban public transport systems. Drawing on a mixed research design, the paper combines expert-based risk scoring with passenger survey data from 367 respondents. The analysis focuses on eight risk groups: safety policy and governance, technical operating procedures, training procedures, employee competency assessment, staff operational errors, passenger unsafe behaviour, external traffic participant behaviour, and infrastructure-management environment. Risk priority numbers, expected annual losses, control costs, residual risk, net benefits and benefit-cost ratios are calculated to identify economically efficient safety interventions. The findings show that external traffic behaviour, technical procedures and passenger unsafe behaviour generate the highest safety-economic burden. Targeted procedural, behavioural and stop-zone interventions produce stronger economic returns than broad infrastructure-heavy measures.
🏷️ Keywords
📚 How to Cite:
Hai Binh NGUYEN , EVALUATING THE COST-BENEFIT OF SAFETY RISK MANAGEMENT MEASURES IN URBAN PUBLIC TRANSPORT SYSTEMS , Volume 13 , Issue 6, June 2026, EPRA International Journal of Economics, Business and Management Studies (EBMS) , Pages: 182 - 187 , DOI: https://doi.org/10.36713/epra30632