Module 3 Flashcards
1
Q
What is risk?
A
Likelihood x consequence
2
Q
How do you control risk?
A
Reduce the likelihood of the hazardous event
Reduce the consequence of the hazardous event
Reduce both likelihood and consequence
3
Q
How do we decide which risk control to use?
A
Hierarchy of risk control
4
Q
Categorise risk options
A
Eliminate the hazard
Reduce the hazard
Prevent people from coming into contact with the hazard
Safe systems of work
PPE
5
Q
How far do you need to go to reduce the risk?
A
So far as is reasonably practical
6
Q
How do you balance the risk?
A
Benefits of risk reduction
Against
Time, cost, effort and inconvenience
