WEEK 3 PART 2

A method of risk assessment that produces numerical estimates and error ranges, providing a precise understanding of risk levels.

A risk assessment approach using subjective judgments and expert opinions to assess risk levels.

A tool used to evaluate and categorize risk based on the probability of occurrence and the severity of the consequence.

How likely an event is to happen, ranging from 'rare' to 'certain'.

The severity of the impact if an event occurs, ranging from 'insignificant' to 'catastrophic'.

Levels of risk determined by combining probability and consequence, categorized as low, medium, high, or extreme.

Provides detailed and precise risk estimates with a higher level of certainty.

Offers a quick and cost-effective way to assess risks, suitable for a wider range of scenarios.

A mathematical formula that calculates risk by multiplying the probability of an event occurring with the severity of its consequences.

The severity of the outcome if an unwanted event occurs. It describes how bad the result could be.

A systematic process for identifying, analyzing, and evaluating potential risks in a situation.

Classifying risks based on their relative severity using terms like 'low,' 'medium,' or 'high.'

Using numerical values to quantify and compare the level of risk associated with different hazards.

A specific situation that could potentially lead to an unwanted event or hazard.

A structured approach used to analyze and assess risks in a systematic and organized way.

Select the method that aligns best with the specific circumstances of the situation being assessed.

The likelihood of an event happening, often expressed as a percentage or fraction.

The impact or outcome of an event, measured by its severity.

The highest level of risk, indicating a high probability of a severe consequence.

A risk assessment conducted after an incident to prevent similar events from happening again.

Steps taken to address a risk identified during a risk assessment.

An event that almost resulted in an accident or injury but did not.

Designing a process to permanently eliminate or reduce hazards, minimizing the consequences of incidents.

Reducing the amount of a hazard present. Like using smaller containers to reduce the impact energy of a falling load.

Replacing a hazardous element with a less hazardous one. For example, using a lighter load instead of a heavy one.

Using a less hazardous form of a hazard. This could involve diluting chemicals or lowering process temperatures.

Simplifying operations to minimize errors. For instance, using a single-step restraint system instead of a multi-step one.

Systems added to a process to prevent or mitigate loss of containment, which occurs when hazardous energy is released unintentionally.

The unplanned release of hazardous energy, such as a chemical spill or explosion.

Inherently safer design focuses on preventing hazards from the start, while engineering controls are added on to mitigate risks. Inherently safer design is generally more effective.

Controls that rely on instructions, training, and procedures to reduce risk, such as safety guidelines or work permits.

Equipment worn by individuals to protect themselves from hazards, such as safety boots or respirators.

A system that ranks controls from most to least effective, with engineering controls being the most effective and PPE being the least effective.

PPE can be ineffective due to physical proximity to the worker, potential malfunctions, and worker error.

Engineering principles can contribute to all levels of the hierarchy of controls, not just engineering controls.

PPE is the least effective control because it relies on the worker to wear it properly and it may fail without warning.

Examples of engineering controls include load securing straps, temperature sensors triggering cooling, and automated safeguarding systems.

A source or situation that has the potential to cause harm or damage.

The chance of something bad happening, measured by the likelihood (probability) and severity (consequence) of an event.

Any source of energy that has the potential to cause harm, such as electrical, mechanical, thermal, or chemical energy.

The likelihood of an event occurring, expressed as a percentage or a fraction.

The most effective control measure, completely removing the hazard from the work environment.