AEROSPACE PERFORMANCE FACTOR OPTIMIZATION

This paper illustrates a possible optimization enhancement for the APF (Aerospace Performance Factor). The APF is an approach to measure safety performance. It is a tool that visually assesses safety and its evolution over time, for the purpose of aiding the decision makers to take the most effective safety measures. Given a specific situation, the optimized APF calculates the best areas where investment is effective and, in the same time, budget considerate. This is possible by using the already implemented What-if function. This function simulates what would happen to the APF index in a scenario where a certain hypothetical decision reduces a certain contributing factor. The tool works symmetrically with mitigating factors by artificially increasing the percentage. Assuming enough data is included in the APF, the optimization returns the contribution/mitigation factor/s with the best ratio between cost and effect on the APF index.