The document discusses risk control, which is the third step of hazard management and involves dealing with identified hazards. It explains that there is generally a hierarchy of controls ranging from eliminating hazards to providing protective equipment, and that lower levels of control accept higher risks. It also notes that managers and supervisors should be responsible for implementing and reviewing the effectiveness of controls in their workplaces, and that control measures and responsibilities should be recorded.

1. Risks and Controls
pegasus.cc.ucf.edu/~inspgen/RisksControls.htm
Risk control
The third step of the hazard management process, risk control, involves dealing with the hazard.
There will be situations where a combination of control measures will need to be used to control
hazards and risks.
There is generally a hierarchy of controls. In simple terms, this is a priority order of control
measures ranging from elimination of the hazards and associated risks to providing people with
protective equipment. Obviously it is better to eliminate the hazard if possible. Note that the
lower the level of control implemented, the higher is the level of risk that is accepted.

2. Where a decision has been made to implement a control measure, someone has to be
responsible for this and for reviewing its effectiveness. Due to the level of responsibility and
authority allocated to managers and supervisors, they should be responsible for the controls
implemented in their workplaces.
The control measure and the person responsible should be recorded on your hazard control log.
The control measures then need to be

3. Link for basic terms in easy
language
evaluated.http://www.managementstudyguide.com/security-analysis-and-portfolio-
management.htm