1. Sensible Risk Management-The Pragmatic Approach Gerard Hand MSc CMIOSH MIIRSM President Elect IOSH North of Scotland Branch – 04.04.2012 “Sensible Risk Management – The Pragmatic Approach”

2. What is ‘Real’ Risk Two Types of Risk:  Pure Risk – These are risks that can only have a negative outcome and give rise to losses of some kind  Speculative Risk – These are risks that can have both positive and negative outcomes, producing gains as well as losses, e.g. investing in the stock market Health and safety tends to be exclusively Pure Risks e.g. they lead to accidents, fires or damage

3. Risk Assessment  Identifying the hazard, the hazardous event, the likelihood of the hazardous event occurring and what the consequence would be.  Assessing the acceptability or unacceptability of the risk  Implementing control measures to mitigate the risk as appropriate

4. Step 1 Identify the hazards Step 2 Decide who might be harmed and how Step 3 Evaluate the risks and decide on precautions Step 4 Record your findings and implement them Step 5 Review your assessment and update if necessary HSE – Five Steps to RA

5. make a list of the work tasks that are your responsibility identify the risks - what are the hazards, who might be harmed and how? estimate the risk evaluate the risk record your findings review your findings. IOSH Managing Safely

6. Evaluate the risks and decide on precautions FORESEEABLE or WORSE CASE SCENARIO?

7. How do we Assess? Need to know what is meant by:  Hazard / Consequence  Risk  Risk Control

8. Risk = Hazard / Consequence X Likelihood

9. BUT – You might die???????

10. North of Scotland Branch - Handicap Hurdle Horse One Form P.U.P.U

11. Horse Two Form P.0.0.P.

12. Horse Three Form 1.2.3.0

13. Horse Four Form 3.2.1.2.

14. Horse Five Form 1.1.1.1.

15. Normal Expectation for Horse 1

16. Normal Expectation for Horse 5

17. But Sometimes??? – The Result  1 st -Horse Number One 200/1  2 nd -Horse Number Five 2/1 fav

18. Always Bet on the Favourite  Risk Assessments should mirror the obvious choice.  No legal expectations to expect the unforeseeable

19. THANK YOU