Element 3 Managing Risk - Risk Assessment - Part 1


Dear All,

Greetings, Element 3 Managing Risk – Understanding People And Processes today this session is Part 1 of Risk Assessment we have divided this element in two parts. Today we talk of first 3 parts and later in next video will take Fire steps and Special cases.

 

1.     Introduction to Key Words and Phrases

2.     Risk Profiling

3.     The Purpose of Risk Assessment

4.     The Five Steps of Risk Assessment

5.     Special Cases and Vulnerable Workers

Summary

          A hazard is something with the potential to cause harm.
• Risk is the likelihood that a hazard will cause harm in combination with the severity of injury, damage or loss that might foreseeably occur.
  Risk assessment (profiling) is the process used, at a strategic level, to recognise the range of risks that threaten an organisation along with the likelihood and probably impacts of those risks. Risk assessment (profiling) takes into consideration the risk management controls that are already in place so that their effectiveness can be assessed, and further risk management controls identified and prioritised.
 Risk assessment is the formalised process of identifying hazards associated with work activities and locations, evaluating risk and then either eliminating or controlling that risk to an acceptable level.
 
The main objective of risk assessment is the prevention of accidents and ill health.

 

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