2. Introduction to Risk Assessments
The purpose of a risk assessment is to identify risks, analyse vulnerabilities, and assess
risk that could or are likely to happen.
According to ‘https://kirkpatrickprice.com/blog/how-a-risk-assessment-can-save-your-
business/’ the five steps on how to perform a risk assessment is:
• Conduct Risk Assessment Survey
• Identify Risks
• Assess Risk Importance and Risk Likelihood
• Create a Risk Management Action Plan
• Implement a Risk Management Plan
3. Pros/Cons of Risk Assessments
It is important to create a risk assessment because it highlights and indicates risks and
problems that could occur.
Some pros about doing a risk assessment are:
• Get a clear picture of where your issues and benefits lie.
• Identifying potential threats.
• Understanding the outcome and impact of those threats.
Some cons about risk assessments are:
• Risk assessment is a process that does not result in a fixed final answer. It is impossible
to determine the true magnitude and extent of any actual contamination at a site.
4. Why are risk assessments useful?
Risk assessments are very important as they form
an integral part of an occupational health and
safety management plan.
Risk assessments help to create awareness of
hazards and risk and makes it easy to identify who
may be at risk.
Example of a Risk Assessment:
