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Assessing risks

Assessing risks
Assessing risks

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?

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