Application of Cost Justification Index of Safety Control Measures (J) In William Fine s Method in the Iranian Studies: A Systematic Review

In the current study, we examined how to use William Fine method, as one of the risk assessment methods in the cost justification index for the control measures, in risk assessment studies in Iran. The present study was aimed to provide a better understanding of the benefits and limitations of this method and to develop a platform for improving the cost factor table in this method. A literature review was done using the PRISMA database toolkit. The purpose of the study was to evaluate the risk using William Fine s method, so general keywords including safety, risk assessment, William Fine were searched in Persian databases and their English equivalents in English databases. The results were analyzed qualitatively. A total of 357 related articles were observed however, 30 qualified studies were included in the systematic review process. A majority of previous studies only applied William Fine s method to rank the risk score whereas the cost justification index of control measures only calculated the risk score in a limited number of studies. William Fine s method has a high score in evaluating corrective strategies in economics and engineering, due to utilizing the cost justification index. One of the strengths of William Fine s method is the cost justification index. The cost index table uses relatively outdated numbers which may causes for limited application of justification index in the studies.