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Risk Management

Risk Management. Speculative risk Pure risk Everyday life Business risk Occupational safety and health is ONE business risk. Risk Management for OSH Hazard Risk Control. Identify the hazard Assess the risk Control the risk Avoid Retain and / or Reduce Transfer. Likelihood.

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Risk Management

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  1. Risk Management Speculative risk Pure risk Everyday life Business risk Occupational safety and health is ONE business risk

  2. Risk Management for OSH Hazard Risk Control Identify the hazard Assess the risk Controlthe risk • Avoid • Retain and / or Reduce • Transfer Likelihood Severity

  3. Hazard Identification Consult Managers, supervisors, representatives, employees, others Records of accidents and previous audits

  4. RISK ASSESSMENT Legal requirement 2005 Act, General Application Regulations 2007 and other Regulations Basis of Safety Statement

  5. Risk Financial Physical Choice In all cases: • Likelihood (probability) and consequences In OSH cases: • Hazard and exposure

  6. Risk Assessment Hazard: Filing cabinet Risk: of catching fingers in a drawer Likelihood/ frequency:few employees LOW Severity: minor injury to finger MINOR LOW risk Controls ?????

  7. Risk Assessment – Low RISK Hazard: Filing cabinet Risk: of catching fingers in a drawer of tipping over Controls Planned Preventive Maintenance Staff education Store bottom up Likelihood / frequency:few employees LOW Severity: minor injury to finger MINOR

  8. Risk Assessment – High RISK Hazard: Noise level 90dBA Risk: of exposure to high levels of noise Likelihood / frequency: dozens of employees, daily exposure, constant noise HIGH Severity: Hearing loss SERIOUS SERIOUS risk Controls Comply with law Training Health Surveillance

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