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Module 2

Risk is defined as the likelihood of a hazardous event occurring combined with the severity of the consequences. A risk assessment involves identifying hazards, evaluating the likelihood and severity of risks, and determining how to reduce risks. The risk assessment process includes identifying hazards, estimating risks, evaluating risks, recording findings, and reviewing assessments regularly. Conducting proper risk assessments helps protect workers and ensures a safe work environment.

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Islam Rabany
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© © All Rights Reserved
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
512 views

Module 2

Risk is defined as the likelihood of a hazardous event occurring combined with the severity of the consequences. A risk assessment involves identifying hazards, evaluating the likelihood and severity of risks, and determining how to reduce risks. The risk assessment process includes identifying hazards, estimating risks, evaluating risks, recording findings, and reviewing assessments regularly. Conducting proper risk assessments helps protect workers and ensures a safe work environment.

Uploaded by

Islam Rabany
Copyright
© © All Rights Reserved
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Assessing risks

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Assessing risks
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What is risk?
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What do we really mean by risk?


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To ensure a safe work environment, you


need to understand the definition
of risk.

To define risk, we first


need to take a look at a
few basic terms…
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A hazard is anything that has the


potential to cause harm
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For a hazard to cause harm, a


hazardous event must happen
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For a hazard to cause harm, a


hazardous event must happen
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For a hazard to cause harm, a


hazardous event must happen
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The likelihood is the chance that the


hazardous event will occur
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Consequence is the outcome of the


hazardous event
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Risk is the combination of the


likelihood of a hazardous event occurring,
and the consequence of the event

Risk = Likelihood x Consequence


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What is a risk assessment?


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A risk assessment is a careful examination


of anything in your work environment that
could cause injury or ill health
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A risk assessment helps to protect:


• you
• your workforce and others
• your business
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How are risk assessments


carried out?
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2. Identify the risks


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2. Identify the risks


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2. Identify the risks


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2. Identify the risks


• What are the hazards?
• Who might be harmed?
• How might they be
harmed?
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3. Estimate the risk

You need to consider two things:


• how likely is it that something
could go wrong?
• how serious would the
outcome be?
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4. Evaluate the risk

Now that you’ve


estimated the risk,
what are you going
to do about it?
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4. Evaluate the risk

6-9 Unacceptable
Take immediate action
3-4 Tolerable
Look to improve
1-2 Acceptable
No further action, but
ensure controls are
maintained
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4. Evaluate the risk


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4. Evaluate the risk

Likelihood:
5 – Very likely
4 – Likely
3 – Fairly likely
2 – Unlikely
1 – Very unlikely
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4. Evaluate the risk

Consequence:
5 – Catastrophic
4 – Major
3 – Moderate
2 – Minor
1 – Insignificant
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4. Evaluate the risk


17-25 Unacceptable
Stop activity and make
immediate improvements
10-16 Tolerable
Look to improve within
specified timescale
5-9 Adequate
Look to improve at next review
1-4 Acceptable
No further action, but ensure
controls are maintained
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4. Evaluate the risk


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5. Record your findings


• the location, activity and
equipment being assessed
• hazards and risk levels
• risk controls
• assessor’s details
• date and time
• review date
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6. Review your findings


When changes occur (personnel, equipment
or activities), you should review your risk
assessments.
It’s a legal requirement
to review assessments
regularly
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Tips to improve your risk assessment:

• Make sure it’s suitable and sufficient


• Better data helps make better judgements
• Involve the people it’s likely to affect
• Conditions may vary from site to site
• Consider “on the spot” assessments
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Put risk assessment into practice


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Key learning points:


• What is risk?
• What is a risk assessment?
• How are risk assessments
carried out?
Assessing risks

Key learning points:

• What is risk?
• What is a risk assessment?
• How are risk assessments
carried out?
Assessing risks

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