Risk Assessment considers the hazard presented in a task or activityv. This procedure explains how to do this and may also be applied with any tool used.
- Identifying Title & Scope & Risk Group of the task to be performed:
- Examples are HSE/Workshop/Equipment/Economical
- Choose and Fill out Risk Owner group and Responsible for action group
- Fill out other specified fields.
- Choose facilitators and participants for the current RA
- Select Matrix related to the RA: Risk Matrix may be customized to fit each customer needs.
- How to identify affected parties:
- Personal – Risk involving life and health.
- Asset – Risk related to the business, and its services, productions, operations, buildings, infrastructure. Other Economic and material values of the company.
- Environment – Risk related to the environment aspects
- Reputation – Risk that negatively impact company brand’s reputation and image in the marketplace.
- For each undesired event:
- Discuss what may cause event to occur.
- Estimate the Probability of the event occurring (using criteria)
- Identify all Consequences of the occurring event and its degree of severity.
- How to identify degree of severity:
- High: Potential for extreme consequences, significant associated probability of such consequences and/ or uncertainty.
- Moderate: Potential for moderate consequences.
- Low: No potential for serious consequences.
- Identify Risk = Consequence x Probability
- Assign action for Risk Reducing Measure (RRM): Human, Technological and Organizational.
- Apply Preventive measure (Probability – reducing measure).
- Apply Mitigation measure (Consequences – reducing measure)
- Evaluate Risk after Risk Reducing Measure are in place.
- Evaluate if Risk in acceptable or not. Acceptable – execute task. Not – review or replace task.
