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DEFINITION OF RISK RISK MANAGEMENT

Risk management is a systematic approach to


A probability or threat of damage, injury,
manage workplace hazards.
liability, loss, or any other negative occur-
rence that is caused by external or internal
vulnerabilities, and that may be avoided

IMPORTANCES OF RISK GOALS OF RISK ASSESSMENT


ASSESSMENT
-Risks, threats, and known vulnerabilities can be
-Figure the main part of a good
occupational health and safety identified and documented for the organizations
management plant production, infrastructure, and assets.
-helps to build awareness on hazards -Compliancy with new information security laws,
and risks mandates, and regulations can be achieved by first
conducting a risk and vulnerability assessment.
RISK ASSESSMENT PROCESS HAZARDS INDENTIFICATION
Step 1 : Identify the hazards -By looking back at any accidents and ill-
Step 2 : Decide who might be health records to identify hazards occurred
Harmed and how -By taking into account of non-routine
Step 3: Evaluate the risks and operations such as maintenance ,cleaning
decide on control measure operations or changes in production cycle
Step 4: Review assessment and
update as necessary

IDENTIFICATION OF SERIOUS METHODS OF HAZARD CONTROL


HAZARDS -remove the hazard from the workplace or
-Product information / manufacturer substitute (replace) hazardous materials or
documentation machines with less hazardous ones.
-Legislated requirements or applicable Includes designs or modifications to plants,
standards equipment, ventilation systems, and processes
-Information from reputable organizations. that reduce the source of exposure.

IMPORTANCE OF REVIEWING AND RISK ASSESSMENT DOCUMENTATION


MONITORING ASSESSMENT -Level of risk involved
-Legislated requirements
-To ensure control methods are effective -Requirements of any management systems
-To ensure that any changes in the work- that may be in place
place have not introduced new hazards or
changed hazards that were once ranked as
lower priority to a higher priority.

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