1Master - Plants

Risk ManagementRisk Management Hazard Identification:

Process to identify workplace activities, conditions and/or acts that have the potential to injure workers or create property damage.

Risk Assessment:

Process to identify which workplace activities, conditions and/or acts present a “significant” risk. The level of risk helps to determine:

– Control implementation timeframe

– Resources dedicated to mitigation of the risk

Risk Control:

Process to determine means to control “significant” risks to an acceptable level

2Master - Plants

What is Risk AssessmentWhat is Risk Assessment

Consequence HOW BAD COULD IT BE IF SOMETHING HAPPENS ?

(With existing controls working)

3 Consequence Factors: Direct Impact (C1) Public Outrage (C2) Legislative/Liability (C3)

Likelihood HOW OFTEN IS THERE EXPOSURE ?

Risk (C1+C2+C3) X Likelihood

3Master - Plants

Inputs into Evaluating RiskInputs into Evaluating Risk

Recognition

Quality of Prevention System

Ease Of Detection

Exposure to Aspect of Activity

Ease Of Recovery

Quantity

Toxicity

Failure Scenarios

Intuition

Number Of People

Cost

Training

4Master - Plants

Evaluating ConsequenceEvaluating Consequence

Total Consequence = C1 + C2 + C3

Potential Consequence

Direct Loss (C1) Public Outrage (C2) Legislative / Liability (C3)

Extremely Harmful (10)

Major / Catastrophic Massive Outrage $100,000 fine and over Jail Time Facility Shut Down

Very Harmful (8)

Serious Threat to Life Negative Publicity (Public &/or Government)

$25,000 to $99,999 fine Potential Jail Time Partial Shutdown

Harmful (5) Limited Danger to People Localized Public Concern $10,000 to $24,999 fine Possible Partial Shutdown

Slightly Harmful (2)

Minor Disturbance $1,000 to $9,999 fine Incidental Violation

None (0) No Legislative Requirement

5Master - Plants

Evaluating LikelihoodEvaluating Likelihood

10 Highly LikelyActivity associated with the aspect currently occurring & occurs

continuously

8 LikelyActivity associated with the aspect occurs frequently (from once per shift to once per week)

5 UnlikelyActivity associated with the aspect occurs infrequently (from once

per week to once per month)

1 Highly UnlikelyActivity associated with the aspect has never occurred at this

location and is unlikely to occur (once per year at most)

6Master - Plants

Risk AssessmentRisk Assessment

Consequence (C1+C2+C3)

Slightly Hrmful

(1-6)

Harmful

(7-15)

Moderately Harmful (16-24)

Extremely Harmful (25-30)

Highly Unlikely

1 Trivial Risk

Tolerable Risk

Moderate Risk

Moderate Risk

Unlikely 5

Trivial Risk Moderate

Risk Moderate

Risk Substantial

Risk

Likely 8

Tolerable Risk

Moderate Risk

Substantial Risk

Intolerable Risk

Lik

elih

oo

d

Highly Likely

10

Moderate Risk

Substantial Risk

Intolerable Risk

Intolerable Risk