This study develops a Road Safety Index (RSI) for commercial bus with the aim of determining whether the
proposed index can be beneficial to the stakeholders for the purpose of mitigating road accident and promoting road
safety. Five risk factors which include drivers, Vehicle, Task, Hazard/Risk and Road, where three critical factors out of
these factors, were identified as high contributing factors (Drivers, Vehicle and Road) were selected for the construction
of RSI. Drivers risk perceptions data were collected using survey instrument with sample size (n= 465) to test the
model and the data fits the model perfectly. The main benefits of this approach and the subsequent development of
RSI are: (1) Enable organisations to justify the investment on road safety by providing a measurement and evaluation
mechanism. (2) The index provides a balanced view of the impact of the three critical (DVR) risk factors that the
management can improve upon.