Podcast
Questions and Answers
What is considered an essential business practice for risk management?
What is considered an essential business practice for risk management?
Under what circumstance should a risk assessment be carried out?
Under what circumstance should a risk assessment be carried out?
How often should formal risk assessments be reviewed?
How often should formal risk assessments be reviewed?
Who is responsible for identifying potential hazards in the workplace?
Who is responsible for identifying potential hazards in the workplace?
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What should be done before authorizing a new procedure with safety significance?
What should be done before authorizing a new procedure with safety significance?
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What does ALARP stand for in the context of risk management?
What does ALARP stand for in the context of risk management?
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What factor can fundamentally affect an initial risk assessment?
What factor can fundamentally affect an initial risk assessment?
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Who decides whether new equipment has safety significance?
Who decides whether new equipment has safety significance?
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What is the primary objective of the hazard identification and risk assessment process?
What is the primary objective of the hazard identification and risk assessment process?
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What does the term 'duty of care' refer to in the context of risk management?
What does the term 'duty of care' refer to in the context of risk management?
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Which document should contractors and suppliers provide to the safety department for risk assessment?
Which document should contractors and suppliers provide to the safety department for risk assessment?
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What can be concluded about hazards in the workplace?
What can be concluded about hazards in the workplace?
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Which of the following regulations is NOT mentioned as a legal obligation for ST?
Which of the following regulations is NOT mentioned as a legal obligation for ST?
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What could be a consequence of not having a comprehensive hazard identification program?
What could be a consequence of not having a comprehensive hazard identification program?
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Which of these is a standard that ST follows for Occupational Health and Safety Management?
Which of these is a standard that ST follows for Occupational Health and Safety Management?
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What is essential for conducting effective risk assessments according to ST?
What is essential for conducting effective risk assessments according to ST?
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How does ST determine what constitutes an acceptable level of risk?
How does ST determine what constitutes an acceptable level of risk?
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Which aspect is NOT included in ST's obligation for hazard management?
Which aspect is NOT included in ST's obligation for hazard management?
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What does safety primarily aim to limit?
What does safety primarily aim to limit?
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Which step follows hazard identification in the risk management process?
Which step follows hazard identification in the risk management process?
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What should be done if a risk is found to be unacceptable?
What should be done if a risk is found to be unacceptable?
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What is the main objective of risk management?
What is the main objective of risk management?
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Who is responsible for risk management duties?
Who is responsible for risk management duties?
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What must be evaluated after determining the probability of occurrence?
What must be evaluated after determining the probability of occurrence?
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What type of risks are subject to mitigation efforts?
What type of risks are subject to mitigation efforts?
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What is one potential consequence of failing to manage risks effectively?
What is one potential consequence of failing to manage risks effectively?
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Study Notes
General Safety Risk Management
- Safety is defined as a condition where risks of harm or damage are kept at an acceptable level.
- Safety hazards may be detected after incidents or through proactive identification in formal safety management programs.
- Risk assessment involves understanding risks to determine their acceptability; unacceptable risks must be mitigated.
- A systematic approach to risk management aims to minimize human loss, property damage, and other financial or environmental impacts.
Risk Management Process
- Key steps include initiation of the safety program, hazard identification, risk assessment of occurrence probabilities and severity, and evaluation of risk acceptability.
- Action must be taken to bring risks to an acceptable level if deemed unacceptable.
Roles and Responsibilities
- All departments, including contractors, are responsible for safe workplace practices and must take practical measures against hazards.
- Contractors and suppliers must identify and communicate hazards related to machinery or substances used at work, ensuring safety data and equipment maintenance manuals are provided.
Hazard Identification
- Identifying hazards is crucial due to the diverse risks associated with ST's operations.
- ST is committed to mitigating risks as much as possible; however, complete elimination may not be feasible.
- Acceptable risk levels are determined by regulatory requirements and company policies.
Regulatory Obligations
- ST has legal duties derived from multiple sources, including ICAO Regulations, GACA regulations, and international safety standards (ISO 14001, ISO 45001).
- Compliance with local, national, and international health, safety, and environmental regulations is obligatory for safety management.
Duty of Care
- ST has a moral duty to minimize harm to employees and others affected by its operations.
- Hazards can't be eliminated entirely; control measures are enforced to reduce risks to the lowest possible levels.
Business Imperative
- Failure to conduct hazard identification leads to unmanaged risks, resulting in potential accidents and financial losses.
- Comprehensive risk management is essential for both safety and economic viability.
Policy Implementation
- Formal hazard identification and risk assessment are mandatory for all ST activities, referred to collectively as "Risk Assessment."
- Risk assessments must be conducted when there are significant operational changes, new equipment introductions, or every two years.
- Regular reviews of risk assessments ensure procedures remain safe and align with best practices.
Management of Change
- New procedures or significant environmental changes necessitate fresh risk assessments.
- Priority is given to hazards based on the worst possible consequences, with department managers responsible for risk management in consultation with safety teams.
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Description
This quiz explores the fundamentals of safety risk management, focusing on the identification and assessment of safety hazards. Understanding how to proactively manage risks is essential for maintaining a safe environment. Test your knowledge on best practices and strategies in safety management.