Railway safety is a very complicated subject, which is determined by numerous aspects including human error. Many of the railway risk assessment techniques currently used are comparatively mature tools. However, in many circumstances, the application of these tools may not give satisfactory results because the risk data are incomplete or there is a high level of uncertainty involved in the risk data. This article presents a risk assessment methodology for conducting systematic risk assessment using fuzzy reasoning approach and fuzzy analytical hierarchy decision-making process. In this method, qualitative descriptors are employed to describe frequency of occurrence, consequence severity, weight factor, and risk level. The proposed risk assessment method can evaluate both qualitative and quantitative risk data, and information associated with railway operation efficiently and effectively. The outcomes of risk assessment are represented as the risk degrees and the defined risk categories of risk levels (RLs) with a belief of percentage, which provide very useful risk information to decision makers. This will provide railway risk analysts, managers, and engineers with a method and tool to improve their safety management and set safety standards. A case study of risk assessment of shunting at Waterloo depot is used to illustrate the application of the proposed methodology. by railway maintenance work in the past ten years, brought about through either a major injury or an injury that rendered them unable to work for over three days. This shows the dangerous nature of the railway industry and demonstrates the need for increased awareness and better safety management [2, 4, 7]. Many accidents and incidents occurred in the railway depots over the years, demanding improvement in safety management. To assess how this can be effectively achieved, knowledge on the nature and causes of these accidents is fundamental. Therefore, risk analysis plays a central role in the railway safety and health management framework. The most common hazards in the railway depots identified by the railway industry over the years [2-4, 6, 8-10] provide very useful information for risk analysis, for example, derailment hazards, collision hazards, fire hazards, electrocution hazards, falls hazards, train strike hazards, slip/trip hazards, platform train interface JRRT106