Risk Assessment Presentation 1
Risk Assessment Presentation 1
Risk Assessment Presentation 1
Module 1
Principles of risk assessment
Consequence - severity
What could go wrong?
What is the worst that could happen?
Likelihood
How often must it be done?
How many people do it?
Is everyone doing it competent and trained?
How likely?
How bad?
4 8 12 16
3 6 9 12
2 4 6 8
1 2 3 4
4 8 12 16
3 6 9 12
2 4 6 8
1 2 3 4
4 8 12 16
Tolerable Significant Unacceptable Unacceptable
3 6 9 12
Insignificant Tolerable Significant Unacceptable
2 4 6 8
Insignificant Tolerable Tolerable Significant
1 2 3 4
Insignificant Insignificant Insignificant Tolerable
Monitoring
Live nature of assessments
Possible modification to procedures
Review
Identifies changes to procedures
Possible modification to assessment