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Risk Assessment. What is it? Careful assessment of what might cause harm to people Consideration of precautions (are they adequate?) Significance of hazard.

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Presentation on theme: "Risk Assessment. What is it? Careful assessment of what might cause harm to people Consideration of precautions (are they adequate?) Significance of hazard."— Presentation transcript:

1 Risk Assessment

2 What is it? Careful assessment of what might cause harm to people Consideration of precautions (are they adequate?) Significance of hazard Whether the risk is minimized through precautions

3 Steps to determining risk Identify hazards Determine who might be harmed and how Evaluate risks and current precautions Record findings (report) Review, revise, and publish findings

4 The Law Often there are legal and financial ramifications if proper risk assessment follow up hasn’t been carried out This can hurt the community, individuals, and the business

5 Questions to Ask Can the risk be eliminated? Can it be minimized? What is the cost of either of the options? What is the cost of failure of the options?


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