Which of the following is NOT required for an effective safety and health management system?

An effective safety and health management system focuses on a variety of critical components that directly impact the safety and well-being of employees and the organization as a whole. One of the key elements is defining the safety and health policy, which outlines the organization's commitment to providing a safe working environment and sets the framework for all subsequent actions.

Having a policy implementation plan is also crucial as it details how the safety and health policy will be executed, ensuring that everyone understands their roles and responsibilities. Additionally, monitoring and evaluating system performance is necessary to ensure that the safety and health measures are being properly followed, assess their effectiveness, and identify any areas for improvement.

While regular budget reviews might be a good management practice, they do not directly contribute to the establishment or effectiveness of a safety and health management system. Thus, they are not a requirement for such a system, which is why this choice is not necessary for its effectiveness.