SlideShare a Scribd company logo
RISK MANAGEMENTRISK MANAGEMENTRISK MANAGEMENTRISK MANAGEMENT
RAJASHREE POLYFILRAJASHREE POLYFIL
(A DIV. OF CENTURY ENKA LTD.)
BY : PANNALAL SONIBY : PANNALAL SONI
GENERAL
Risk is the potential of losing something of value. (such as
health & wealth)
A probability or threat of damage, injury, liability, loss or any
other negative impact that is caused by external or internal
vulnerabilities (inability to withstand the effects) and that
may be avoided through sound preventive action.
In CompaniesIn Companies : Risk is "an uncertain event or condition: Risk is "an uncertain event or condition
that, if it occurs, has a positive or negative effect on athat, if it occurs, has a positive or negative effect on a
companies goal" and itcompanies goal" and it isis inherentinherent with any of our activity.with any of our activity.
SEQUENCE OF RISK MANAGEMENT
● RISK IDENTIFICATION
● RISK QUANTIFICATION/MAPING
● RISK CLASSIFICATION
● RISK PRIORITIZATION
● RISK MITIGATION
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk maping
● Risk Management Procedure
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence,
Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk maping
● Risk Management Procedure
1. Physical Hazards1. Physical Hazards
2. Mechanical Haz.2. Mechanical Haz.
3. Electrical Haz.3. Electrical Haz.
4. Chemical Haz.4. Chemical Haz.
5. Biological Haz.5. Biological Haz.
6. Human Hazards6. Human Hazards
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
7. Other Hazards7. Other Hazards
1. Physical Hazards1. Physical Hazards
2. Mechanical Haz.2. Mechanical Haz.
3. Electrical Haz.3. Electrical Haz.
4. Chemical Haz.4. Chemical Haz.
5. Biological Haz.5. Biological Haz.
6. Human Hazards6. Human Hazards
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
7. Other Hazards7. Other Hazards
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure
1. Injury1. Injury
2. Ilness2. Ilness
3. Diability3. Diability
4. Death4. Death
5. Fire5. Fire
6. Explosion6. Explosion
7. Toxicity7. Toxicity
8. Env. Damage8. Env. Damage
9. Health impairment9. Health impairment
10. Other10. Other
1. Injury1. Injury
2. Ilness2. Ilness
3. Diability3. Diability
4. Death4. Death
5. Fire5. Fire
6. Explosion6. Explosion
7. Toxicity7. Toxicity
8. Env. Damage8. Env. Damage
9. Health impairment9. Health impairment
10. Other10. Other
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
Easy ExampleEasy ExampleEasy ExampleEasy Example
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Easy ExampleEasy ExampleEasy ExampleEasy Example
RiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpactRiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Easy ExampleEasy ExampleEasy ExampleEasy Example
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
RiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpactRiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpact
Score Likelihood Definition
01 Rare Existing Control Very Strong to mitigate the risk
02 Unlikely Existing Controls robust and adequate to mitigate the risk
03 Possible Existing controls reasonable to mitigate the risk but may still require
improvement
04 Likely Existing Controls inadequate to mitigate the risk and required
improvement
05 Almost certain Existing Controls unsatisfactory to mitigate the risk
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Easy ExampleEasy ExampleEasy ExampleEasy Example
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
Score Impact Definition
01 Negligible 0% loss or almost negligible loss of business in terms of money
02 Low 1% to 2% loss of business in terms of money
03 Moderate Up to 10% loss of of business in terms of money
04 High Up to 25% loss of business in terms of money
05 Very High up to 50% loss of business in terms of money
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Easy ExampleEasy ExampleEasy ExampleEasy Example
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
1
2
3
4
5
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
1
2
3
4
5
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Impact or
Consequence
Impact or
Consequence
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
1 2 3 4 5
1
2
3
4
5
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
Impact or
Consequence
Impact or
Consequence
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
1 2 3 4 5
1 1 2 3 4 5
2 2 4 6 8 10
3 3 6 9 12 15
4 4 8 12 1616 2020
5 5 10 1515 2020 2525
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
Impact or
Consequence
Impact or
Consequence
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
1 2 3 4 5
1 1 2 3 4 5
2 2 4 6 8 10
3 3 6 9 12 15
4 4 8 12 1616 2020
5 5 10 1515 2020 2525
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
Impact or
Consequence
Impact or
Consequence
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
RISK MATRIXRISK MATRIXRISK MATRIXRISK MATRIX
BusinessBusiness
Risk AssessmenRisk Assessment
BusinessBusiness
Risk AssessmenRisk Assessment
SEQUENCE OF RISK MANAGEMENT
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
1 2 3 4 5
1 1 2 3 4 5
2 2 4 6 8 10
3 3 6 9 12 15
4 4 8 12 1616 2020
5 5 10 1515 2020 2525
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
Impact or
Consequence
Impact or
Consequence
Score Risk Definition
1 -31 -3 Insignificant Impact can be easily absorbed without requiring management effort
4 – 64 – 6 Minor Impact can be readily absorbed but some management effort is
required
8 – 108 – 10 Moderate Impact can not be managed under normal operating conditions,
requiring moderate level of resource and management inputs
12 – 1612 – 16 Major Impact requires a high level of management attention and resources to
rectify
20 – 2520 – 25 Catastrophic Disaster with potential to lead to business collapse and requiring
almost total management attention to rectify
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
RiskRisk =
Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact
RiskRisk =
Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact
Scor
e
Likeliho
od
Definition
Occupational Health Occupational Safety
01 Rare Not likely to occur more than five
years
Not likely to occur more than five years
02 Unlikely Once / twice in a year Once / twice in a year
03 Possible Once / twice in a month Once / twice in a month
04 Likely Once / twice in a week Once / twice in a week
05 Almost
certain
Once / twice or more in a day Once / twice or more in a day
SAFETYSAFETY
Risk AssessmenRisk Assessment
SAFETYSAFETY
Risk AssessmenRisk Assessment
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
RiskRisk =
Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact
RiskRisk =
Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact
Scor
e
Consequ
ences
Definition
Occupational Health Occupational Safety
05 Very High Illness causing loss of
life/permanent disease
Fatality / Permanent Disablement or
Heavy Property damage
04 High Illness causing time loss more than
10 days
Temporary disablement time lost more
than 10 days / Moderate Property
damage
03 Moderate Illness causing loss of time more
than 10 days but less than 48
hours
Temporary disablement time lost more
less than 10 days but more than 48
hours/ Low Property damage
02 Low Medical treatment & Loss of time Time lost less than 48 hours / Very low
SAFETYSAFETY
Risk AssessmenRisk Assessment
SAFETYSAFETY
Risk AssessmenRisk Assessment
1 2 3 4 5
1 1 2 3 4 5
2 2 4 6 8 10
3 3 6 9 12 15
4 4 8 12 1616 2020
5 5 10 1515 2020 2525
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
Impact or
Consequence
Impact or
Consequence
RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact
RISK MATRIXRISK MATRIXRISK MATRIXRISK MATRIX
SAFETYSAFETY
Risk AssessmenRisk Assessment
SAFETYSAFETY
Risk AssessmenRisk Assessment
SEQUENCE OF RISK MANAGEMENT
Quantification
of Risk
or
Risk evaluation
Quantification
of Risk
or
Risk evaluation
1 2 3 4 5
1 1 2 3 4 5
2 2 4 6 8 10
3 3 6 9 12 15
4 4 8 12 1616 2020
5 5 10 1515 2020 2525
Likelihood
or Frequency
of Occurrences
/Failure
Likelihood
or Frequency
of Occurrences
/Failure
Impact or
Consequence
Impact or
Consequence
Score Risk Definition
1 -31 -3 Insignificant Impact can be easily absorbed without requiring management effort
4 – 64 – 6 Minor Impact can be readily absorbed but some management effort is
required
8 – 108 – 10 Moderate Impact can not be managed under normal operating conditions,
requiring moderate level of resource and management inputs
12 – 1612 – 16 Major Impact requires a high level of management attention and resources to
rectify
20 – 2520 – 25 Catastrophic Disaster with potential to lead to business collapse and requiring
almost total management attention to rectify
Example – 3Example – 3Example – 3Example – 3
Legal RiskLegal Risk
AssessmentAssessment
Legal RiskLegal Risk
AssessmentAssessment
LEGAL RISK ASSESSMENT AND MANAGEMENT
Risk Rating Methodology (Quantification of Risk)
PROBABILITY / LIKELIHOOD RATING
SCORE LIKELYHOOD DEFINITION
1 Rare Existing Control robust and Very Strong to mitigate the risk
2 Unlikely Existing Controls adequate to mitigate the risk
3 Possible
4 Likely Existing Controls inadequate to mitigate the risk and required improvement
5 Almost certain Existing Controls unsatisfactory to mitigate the risk
Definition of Legal Risk :
The Risk which has a Legal issue as its source and it is a set of facts that are assessd under a set
of Legal Norms
Existing controls reasonable to mitigate the risk but may still require
improvement
IMPACT RATING
SCORE IMPACT DEFINITION
1 Negligible Almost negligible loss / Non compliance almost Ignored by Authorities
2 Low Verbal guidance / Direction to comply with
3 Moderate
4 High
5 Very High
Written Notice to Comply without penalty / Lost time Injury /Temporary
Disablement / bad Image amongst Govt. authority
Short term cessation of any particular activity / Show Cause Notice and Normal
Penalty or short term Imprisonment / Financial loss covered by Insurance
Closure Notice / Withdrawal of License /Long term Imprisonment / Very High
Penalty / Financial Loss never covered by Insurance
RISK MATRIX
RISK = PROBABILITY X IMPACT
Risk Matrix
IMPACT / CONSEQUENCES
1 2 3 4 5
PROBABILITY/LIKELYHOOD
5 5 10 15 20 25
4 4 8 12 16 20
3 3 6 9 12 15
2 2 4 6 8 10
1 1 2 3 4 5
CATEGORY OF RISK RISK SCORE DEFINITION ACTION REQUIRED
Insignificant/Very Low 1 to 5
Minor/Low 6 to 9 This Quarter
Moderate 10 to 12 This Month
Major/High 16 to 20 This week
Catastrophic 25 Immediate or today
Impact can be easily absorbed without requiring
management effort
Maintain Existing
Control
Impact can be readily absorbed but some management
effort is required
Impact can not be managed under normal operating
conditions, requiring moderate level of resource and
management inputs
Impact requires a high level of management attention and
resources to rectify
Disaster with potential to lead to business collapse and
requiring almost total management attention to rectify
Risk Matrix cum Action PlanRisk Matrix cum Action PlanRisk Matrix cum Action PlanRisk Matrix cum Action Plan
SEQUENCE OF RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
SEQUENCE OF RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Changes & Modification
2. Replacement
3. Avoidance
1. Changes & Modification
2. Replacement
3. Avoidance
SEQUENCE OF RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Management Procedure
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Awareness, Education & Training
2. Engineering Control
3. SOP, WI, PTW, LOTO etc.
4. Use of PPE
5. Good Housekeeping
6. Enforcement & Penalization
7. Motivation for Safety
8. Involvement
1. Awareness, Education & Training
2. Engineering Control
3. SOP, WI, PTW, LOTO etc.
4. Use of PPE
5. Good Housekeeping
6. Enforcement & Penalization
7. Motivation for Safety
8. Involvement
SEQUENCE OF RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Management Procedure
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Outsourcing1. Outsourcing
2. Contract2. Contract
3. Insurance3. Insurance
1. Outsourcing1. Outsourcing
2. Contract2. Contract
3. Insurance3. Insurance
SEQUENCE OF RISK MANAGEMENT
● Common Hazards at Shop Floor
● Risk associated with each Hazards
● Risk Assessment / Risk Maping
● Risk Management Procedure
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
1. Risk Elimination1. Risk Elimination
2. Risk Reduction2. Risk Reduction
3. Risk Transfer3. Risk Transfer
4. Risk Acceptance4. Risk Acceptance
Taking RiskTaking Risk
HUMAN RISKHUMAN RISK
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
1. Poor Hearing
2. Poor Vision
3. Colour blindness
4. Low weight
5. High weight
6. Illness
7. Sex
8. Individual difference
9. Poor Oxygen uptake
10. Allergic to workplace
11. Mentally retarded
1. Poor Hearing
2. Poor Vision
3. Colour blindness
4. Low weight
5. High weight
6. Illness
7. Sex
8. Individual difference
9. Poor Oxygen uptake
10. Allergic to workplace
11. Mentally retarded
HUMAN RISKHUMAN RISK
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
1. Poor Hearing
2. Poor Vision
3. Colour blindness
4. Low weight
5. High weight
6. Illness
7. Sex
8. Individual difference
9. Poor Oxygen uptake
10. Allergic to workplace
11. Mentally retarded
1. Poor Hearing
2. Poor Vision
3. Colour blindness
4. Low weight
5. High weight
6. Illness
7. Sex
8. Individual difference
9. Poor Oxygen uptake
10. Allergic to workplace
11. Mentally retarded
RMP :
Selection of
Suitable employee
RMP :
Selection of
Suitable employee
HUMAN RISKHUMAN RISK
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
HUMAN RISKHUMAN RISK
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
Tools to
Manage
Tools to
Manage
HUMAN RISKHUMAN RISK
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
a. Physiologicala. Physiological
b. Psychologicalb. Psychological
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
1. Egoist
2. No safety attitude
3. Fearful
4. Disloyal
5. Absent minded
6. Lazy
7. Crazy
8. Superior's attitude
9. Co-worker's attitude
10. Non cooperative
11. Facilities & Workplace
12. Awards/Rewards/Motivations
1. Awareness, Education & Training
2. Engineering Control
3. SOP, WI, PTW, LOTO etc.
4. Use of PPE
5. Good Housekeeping
6. Enforcement & Penalization
7. Motivation for Safety
8. Involvement
1. Awareness, Education & Training
2. Engineering Control
3. SOP, WI, PTW, LOTO etc.
4. Use of PPE
5. Good Housekeeping
6. Enforcement & Penalization
7. Motivation for Safety
8. Involvement
Tools to
Manage
Tools to
Manage

More Related Content

What's hot

Incident investigation and Root Cause Analysis
Incident investigation and Root Cause AnalysisIncident investigation and Root Cause Analysis
Incident investigation and Root Cause Analysis
Heatherawarens
 
SPE Process Safety Workshop PPT Slides
SPE Process Safety Workshop PPT SlidesSPE Process Safety Workshop PPT Slides
SPE Process Safety Workshop PPT Slides
idell bryan
 
Risk assessment and management
Risk assessment and managementRisk assessment and management
Risk assessment and management
TaekHyeun Kim
 
Risk Assessment Training | JCH Safety
Risk Assessment Training | JCH SafetyRisk Assessment Training | JCH Safety
Risk Assessment Training | JCH Safety
jchsafety
 
Iso 45001 hazard identification and risk assessment
Iso 45001 hazard identification and risk assessmentIso 45001 hazard identification and risk assessment
Iso 45001 hazard identification and risk assessment
Hpm India
 
HSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.pptHSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.ppt
GkMechanical
 
ISO 31000:2018 Risk Management System, Framework and Implementation
ISO 31000:2018 Risk Management System, Framework and ImplementationISO 31000:2018 Risk Management System, Framework and Implementation
ISO 31000:2018 Risk Management System, Framework and Implementation
Alvin Integrated Services [AIS]
 
Risk Assessment.ppt
Risk Assessment.pptRisk Assessment.ppt
Risk Assessment.ppt
CaptDevendra
 
Powerpoint Risk Assessment
Powerpoint Risk AssessmentPowerpoint Risk Assessment
Powerpoint Risk Assessment
Steve Bishop
 
ISO 31000 risk management process
ISO 31000 risk management processISO 31000 risk management process
ISO 31000 risk management process
Muizz Anibire
 
Major accident-identification-and-risk-assessment-ppt4816
Major accident-identification-and-risk-assessment-ppt4816Major accident-identification-and-risk-assessment-ppt4816
Major accident-identification-and-risk-assessment-ppt4816
duy nguyen
 
Health and safety management system csctp
Health and safety management system csctpHealth and safety management system csctp
Health and safety management system csctp
Heshantha Kosala Perera
 
Evolution of risk management Jim Joy
Evolution of risk management Jim JoyEvolution of risk management Jim Joy
Evolution of risk management Jim Joy
NSW Environment and Planning
 
BBS TRAINING.pptx
BBS TRAINING.pptxBBS TRAINING.pptx
BBS TRAINING.pptx
Mirza Saifullah Baig
 
Risk assessment and management
Risk assessment and managementRisk assessment and management
Risk assessment and management
Tanmoy Sinha
 
Introduction to Risk Management
Introduction to Risk ManagementIntroduction to Risk Management
Introduction to Risk Management
FAA Safety Team Central Florida
 
HIRA
HIRAHIRA
Risk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation SlideRisk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation Slide
SlideTeam
 
Risk assessment template media
Risk assessment template mediaRisk assessment template media
Risk assessment template media
Jade0livia
 
Safety leadership
Safety leadershipSafety leadership
Safety leadership
Terry Penney
 

What's hot (20)

Incident investigation and Root Cause Analysis
Incident investigation and Root Cause AnalysisIncident investigation and Root Cause Analysis
Incident investigation and Root Cause Analysis
 
SPE Process Safety Workshop PPT Slides
SPE Process Safety Workshop PPT SlidesSPE Process Safety Workshop PPT Slides
SPE Process Safety Workshop PPT Slides
 
Risk assessment and management
Risk assessment and managementRisk assessment and management
Risk assessment and management
 
Risk Assessment Training | JCH Safety
Risk Assessment Training | JCH SafetyRisk Assessment Training | JCH Safety
Risk Assessment Training | JCH Safety
 
Iso 45001 hazard identification and risk assessment
Iso 45001 hazard identification and risk assessmentIso 45001 hazard identification and risk assessment
Iso 45001 hazard identification and risk assessment
 
HSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.pptHSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.ppt
 
ISO 31000:2018 Risk Management System, Framework and Implementation
ISO 31000:2018 Risk Management System, Framework and ImplementationISO 31000:2018 Risk Management System, Framework and Implementation
ISO 31000:2018 Risk Management System, Framework and Implementation
 
Risk Assessment.ppt
Risk Assessment.pptRisk Assessment.ppt
Risk Assessment.ppt
 
Powerpoint Risk Assessment
Powerpoint Risk AssessmentPowerpoint Risk Assessment
Powerpoint Risk Assessment
 
ISO 31000 risk management process
ISO 31000 risk management processISO 31000 risk management process
ISO 31000 risk management process
 
Major accident-identification-and-risk-assessment-ppt4816
Major accident-identification-and-risk-assessment-ppt4816Major accident-identification-and-risk-assessment-ppt4816
Major accident-identification-and-risk-assessment-ppt4816
 
Health and safety management system csctp
Health and safety management system csctpHealth and safety management system csctp
Health and safety management system csctp
 
Evolution of risk management Jim Joy
Evolution of risk management Jim JoyEvolution of risk management Jim Joy
Evolution of risk management Jim Joy
 
BBS TRAINING.pptx
BBS TRAINING.pptxBBS TRAINING.pptx
BBS TRAINING.pptx
 
Risk assessment and management
Risk assessment and managementRisk assessment and management
Risk assessment and management
 
Introduction to Risk Management
Introduction to Risk ManagementIntroduction to Risk Management
Introduction to Risk Management
 
HIRA
HIRAHIRA
HIRA
 
Risk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation SlideRisk Identification PowerPoint Presentation Slide
Risk Identification PowerPoint Presentation Slide
 
Risk assessment template media
Risk assessment template mediaRisk assessment template media
Risk assessment template media
 
Safety leadership
Safety leadershipSafety leadership
Safety leadership
 

Viewers also liked

fire & gas detection system
fire & gas detection systemfire & gas detection system
fire & gas detection system
ismail ali mohamed
 
Fire Alarm, Smoke Detector and Automatic Sprinkle System
Fire Alarm, Smoke Detector and Automatic Sprinkle SystemFire Alarm, Smoke Detector and Automatic Sprinkle System
Fire Alarm, Smoke Detector and Automatic Sprinkle System
Khairul Azhar
 
Somke detector project presentation
Somke detector project presentationSomke detector project presentation
Somke detector project presentation
Rija Fatima
 
Dynamic risk assessment lrg
Dynamic risk assessment lrgDynamic risk assessment lrg
Dynamic risk assessment lrg
Lance Grindley
 
Lt 1040 sum sfc-500 series fire alarm panel
Lt 1040 sum sfc-500 series fire alarm panelLt 1040 sum sfc-500 series fire alarm panel
Lt 1040 sum sfc-500 series fire alarm panel
Carlo Caparachin
 
FLAG
FLAGFLAG
Sigma xl getting_started
Sigma xl getting_startedSigma xl getting_started
Sigma xl getting_started
Cynthia Cumby
 
Honeywell Gas Detection Product Book
Honeywell Gas Detection Product BookHoneywell Gas Detection Product Book
Honeywell Gas Detection Product Book
Thorne & Derrick International
 
Root cause analysis
Root cause analysisRoot cause analysis
Root cause analysis
Mohamed Mosaad Hasan
 
Performance based gas detection for hydrocarbon storage
Performance based gas detection for hydrocarbon storagePerformance based gas detection for hydrocarbon storage
Performance based gas detection for hydrocarbon storage
Kenexis
 
Advanced Root Cause Analysis
Advanced Root Cause AnalysisAdvanced Root Cause Analysis
Advanced Root Cause Analysis
Eric Sloof
 
Fire protection system, inspection and test
Fire protection system, inspection and testFire protection system, inspection and test
Fire protection system, inspection and test
Angkut Roongsaengjan
 
Risk Management by using FMEA
Risk Management by using FMEARisk Management by using FMEA
Risk Management by using FMEANukool Thanuanram
 
Fmea handout
Fmea handoutFmea handout
Fmea handout
Monchito Del Mundo
 
Six Sigma For Managers
Six Sigma For Managers   Six Sigma For Managers
Six Sigma For Managers
Yodhia Antariksa
 
Quality Risk management Application of FMEA
Quality Risk management  Application of FMEAQuality Risk management  Application of FMEA
Quality Risk management Application of FMEA
GMP EDUCATION : Not for Profit Organization
 
Failure Mode Effect Analysis (FMEA)
Failure Mode Effect Analysis (FMEA)Failure Mode Effect Analysis (FMEA)
Failure Mode Effect Analysis (FMEA)
DEEPAK SAHOO
 
Resume - Electrical Engineer (MEP) 9+ Years Exp
Resume - Electrical Engineer (MEP) 9+ Years ExpResume - Electrical Engineer (MEP) 9+ Years Exp
Resume - Electrical Engineer (MEP) 9+ Years Exp
Subhash +966535838322
 
Root cause analysis - tools and process
Root cause analysis - tools and processRoot cause analysis - tools and process
Root cause analysis - tools and process
Charles Cotter, PhD
 
design electrical engineer cv
design electrical engineer cvdesign electrical engineer cv
design electrical engineer cv
saryhasabadly
 

Viewers also liked (20)

fire & gas detection system
fire & gas detection systemfire & gas detection system
fire & gas detection system
 
Fire Alarm, Smoke Detector and Automatic Sprinkle System
Fire Alarm, Smoke Detector and Automatic Sprinkle SystemFire Alarm, Smoke Detector and Automatic Sprinkle System
Fire Alarm, Smoke Detector and Automatic Sprinkle System
 
Somke detector project presentation
Somke detector project presentationSomke detector project presentation
Somke detector project presentation
 
Dynamic risk assessment lrg
Dynamic risk assessment lrgDynamic risk assessment lrg
Dynamic risk assessment lrg
 
Lt 1040 sum sfc-500 series fire alarm panel
Lt 1040 sum sfc-500 series fire alarm panelLt 1040 sum sfc-500 series fire alarm panel
Lt 1040 sum sfc-500 series fire alarm panel
 
FLAG
FLAGFLAG
FLAG
 
Sigma xl getting_started
Sigma xl getting_startedSigma xl getting_started
Sigma xl getting_started
 
Honeywell Gas Detection Product Book
Honeywell Gas Detection Product BookHoneywell Gas Detection Product Book
Honeywell Gas Detection Product Book
 
Root cause analysis
Root cause analysisRoot cause analysis
Root cause analysis
 
Performance based gas detection for hydrocarbon storage
Performance based gas detection for hydrocarbon storagePerformance based gas detection for hydrocarbon storage
Performance based gas detection for hydrocarbon storage
 
Advanced Root Cause Analysis
Advanced Root Cause AnalysisAdvanced Root Cause Analysis
Advanced Root Cause Analysis
 
Fire protection system, inspection and test
Fire protection system, inspection and testFire protection system, inspection and test
Fire protection system, inspection and test
 
Risk Management by using FMEA
Risk Management by using FMEARisk Management by using FMEA
Risk Management by using FMEA
 
Fmea handout
Fmea handoutFmea handout
Fmea handout
 
Six Sigma For Managers
Six Sigma For Managers   Six Sigma For Managers
Six Sigma For Managers
 
Quality Risk management Application of FMEA
Quality Risk management  Application of FMEAQuality Risk management  Application of FMEA
Quality Risk management Application of FMEA
 
Failure Mode Effect Analysis (FMEA)
Failure Mode Effect Analysis (FMEA)Failure Mode Effect Analysis (FMEA)
Failure Mode Effect Analysis (FMEA)
 
Resume - Electrical Engineer (MEP) 9+ Years Exp
Resume - Electrical Engineer (MEP) 9+ Years ExpResume - Electrical Engineer (MEP) 9+ Years Exp
Resume - Electrical Engineer (MEP) 9+ Years Exp
 
Root cause analysis - tools and process
Root cause analysis - tools and processRoot cause analysis - tools and process
Root cause analysis - tools and process
 
design electrical engineer cv
design electrical engineer cvdesign electrical engineer cv
design electrical engineer cv
 

Similar to Risk assessment

Positioning project, programme and portfolio risk
Positioning project, programme and portfolio risk Positioning project, programme and portfolio risk
Positioning project, programme and portfolio risk
Dr David Hancock
 
Risk Management
Risk ManagementRisk Management
Risk Management
Krishna Deo Prasad
 
Risk Assessment.pptx
Risk Assessment.pptxRisk Assessment.pptx
Risk Assessment.pptx
Divyesh Jha
 
سيمينار إدارة المخاطر (1).pptx
سيمينار إدارة المخاطر (1).pptxسيمينار إدارة المخاطر (1).pptx
سيمينار إدارة المخاطر (1).pptx
AhmadHassanein
 
Safety presentation
Safety presentationSafety presentation
Safety presentation
MOHAMMAD ASIF
 
Risk analysis and risk mgt.
Risk analysis and risk mgt.Risk analysis and risk mgt.
Risk analysis and risk mgt.
ÄĥŸäń Pegason
 
Risk Management
Risk ManagementRisk Management
Risk Management
Lifelong Learning
 
Risk management intruduction part 2
Risk management intruduction part 2Risk management intruduction part 2
Risk management intruduction part 2
MEEQAT HOSPITAL
 
Risk Assessment and Job Safety Analysis
Risk Assessment and Job Safety AnalysisRisk Assessment and Job Safety Analysis
Risk Assessment and Job Safety Analysis
Gaurav Singh Rajput
 
Risk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RARisk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RA
Gaurav Singh Rajput
 
ppt erm.pdf
ppt erm.pdfppt erm.pdf
ppt erm.pdf
RJ231
 
Managing Risk and Uncertainty in Business.pptx
Managing Risk and Uncertainty in Business.pptxManaging Risk and Uncertainty in Business.pptx
Managing Risk and Uncertainty in Business.pptx
Tope Osanyintuyi
 
Risk Management Slide Powerpoint Template.pptx
Risk Management Slide Powerpoint Template.pptxRisk Management Slide Powerpoint Template.pptx
Risk Management Slide Powerpoint Template.pptx
ssuserb74260
 
module2.pdf
module2.pdfmodule2.pdf
module2.pdf
Muhammad Athar
 
Safety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety AnalysisSafety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety Analysis
C.P Prasanth
 
Calculation of Estimated Risk for Individual/Family
Calculation of Estimated Risk for Individual/FamilyCalculation of Estimated Risk for Individual/Family
Calculation of Estimated Risk for Individual/Family
mandalina landy
 
Quality risk management by talha usmani
Quality risk management by talha usmaniQuality risk management by talha usmani
Quality risk management by talha usmani
mtalhausmani
 
Manie information needed to evaluate risky investment.
Manie information needed to evaluate risky investment.Manie information needed to evaluate risky investment.
Manie information needed to evaluate risky investment.
mtlobrido
 
Various steps of risk assessment. md. anwar ibrahim miraz
Various steps of risk assessment. md. anwar ibrahim mirazVarious steps of risk assessment. md. anwar ibrahim miraz
Various steps of risk assessment. md. anwar ibrahim miraz
MDAnwarIbrahimMiraz
 
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.pptHIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
DEPEDTVRodolfoELayca
 

Similar to Risk assessment (20)

Positioning project, programme and portfolio risk
Positioning project, programme and portfolio risk Positioning project, programme and portfolio risk
Positioning project, programme and portfolio risk
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Risk Assessment.pptx
Risk Assessment.pptxRisk Assessment.pptx
Risk Assessment.pptx
 
سيمينار إدارة المخاطر (1).pptx
سيمينار إدارة المخاطر (1).pptxسيمينار إدارة المخاطر (1).pptx
سيمينار إدارة المخاطر (1).pptx
 
Safety presentation
Safety presentationSafety presentation
Safety presentation
 
Risk analysis and risk mgt.
Risk analysis and risk mgt.Risk analysis and risk mgt.
Risk analysis and risk mgt.
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Risk management intruduction part 2
Risk management intruduction part 2Risk management intruduction part 2
Risk management intruduction part 2
 
Risk Assessment and Job Safety Analysis
Risk Assessment and Job Safety AnalysisRisk Assessment and Job Safety Analysis
Risk Assessment and Job Safety Analysis
 
Risk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RARisk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RA
 
ppt erm.pdf
ppt erm.pdfppt erm.pdf
ppt erm.pdf
 
Managing Risk and Uncertainty in Business.pptx
Managing Risk and Uncertainty in Business.pptxManaging Risk and Uncertainty in Business.pptx
Managing Risk and Uncertainty in Business.pptx
 
Risk Management Slide Powerpoint Template.pptx
Risk Management Slide Powerpoint Template.pptxRisk Management Slide Powerpoint Template.pptx
Risk Management Slide Powerpoint Template.pptx
 
module2.pdf
module2.pdfmodule2.pdf
module2.pdf
 
Safety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety AnalysisSafety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety Analysis
 
Calculation of Estimated Risk for Individual/Family
Calculation of Estimated Risk for Individual/FamilyCalculation of Estimated Risk for Individual/Family
Calculation of Estimated Risk for Individual/Family
 
Quality risk management by talha usmani
Quality risk management by talha usmaniQuality risk management by talha usmani
Quality risk management by talha usmani
 
Manie information needed to evaluate risky investment.
Manie information needed to evaluate risky investment.Manie information needed to evaluate risky investment.
Manie information needed to evaluate risky investment.
 
Various steps of risk assessment. md. anwar ibrahim miraz
Various steps of risk assessment. md. anwar ibrahim mirazVarious steps of risk assessment. md. anwar ibrahim miraz
Various steps of risk assessment. md. anwar ibrahim miraz
 
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.pptHIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
 

More from PANNALAL SONI

Covid19 training manual
Covid19 training manualCovid19 training manual
Covid19 training manual
PANNALAL SONI
 
Covid19 training manual
Covid19 training manual Covid19 training manual
Covid19 training manual
PANNALAL SONI
 
EIP
EIPEIP
How to perform stop
How to perform stopHow to perform stop
How to perform stop
PANNALAL SONI
 
Occupational safety & health regulatory framework in india
Occupational safety & health regulatory framework in indiaOccupational safety & health regulatory framework in india
Occupational safety & health regulatory framework in india
PANNALAL SONI
 
Hazop study training at gujarat safety council
Hazop study training at gujarat safety councilHazop study training at gujarat safety council
Hazop study training at gujarat safety council
PANNALAL SONI
 
Factories Act 1948 and GFR
Factories Act 1948 and GFRFactories Act 1948 and GFR
Factories Act 1948 and GFR
PANNALAL SONI
 
Process safety management in india
Process safety management in indiaProcess safety management in india
Process safety management in india
PANNALAL SONI
 
Static charge
Static chargeStatic charge
Static charge
PANNALAL SONI
 
Basic managerial skills wrt safety
Basic managerial skills wrt safetyBasic managerial skills wrt safety
Basic managerial skills wrt safety
PANNALAL SONI
 
Moving Machine & Accident Prevention
Moving Machine & Accident PreventionMoving Machine & Accident Prevention
Moving Machine & Accident PreventionPANNALAL SONI
 
Safe driving
Safe drivingSafe driving
Safe driving
PANNALAL SONI
 
23.05.2015
23.05.201523.05.2015
23.05.2015
PANNALAL SONI
 
Fmea
FmeaFmea
Smoking facts
Smoking  factsSmoking  facts
Smoking facts
PANNALAL SONI
 
Flood hindi
Flood hindiFlood hindi
Flood hindi
PANNALAL SONI
 
Basic managerial skills wrt safety
Basic managerial skills wrt safetyBasic managerial skills wrt safety
Basic managerial skills wrt safety
PANNALAL SONI
 

More from PANNALAL SONI (17)

Covid19 training manual
Covid19 training manualCovid19 training manual
Covid19 training manual
 
Covid19 training manual
Covid19 training manual Covid19 training manual
Covid19 training manual
 
EIP
EIPEIP
EIP
 
How to perform stop
How to perform stopHow to perform stop
How to perform stop
 
Occupational safety & health regulatory framework in india
Occupational safety & health regulatory framework in indiaOccupational safety & health regulatory framework in india
Occupational safety & health regulatory framework in india
 
Hazop study training at gujarat safety council
Hazop study training at gujarat safety councilHazop study training at gujarat safety council
Hazop study training at gujarat safety council
 
Factories Act 1948 and GFR
Factories Act 1948 and GFRFactories Act 1948 and GFR
Factories Act 1948 and GFR
 
Process safety management in india
Process safety management in indiaProcess safety management in india
Process safety management in india
 
Static charge
Static chargeStatic charge
Static charge
 
Basic managerial skills wrt safety
Basic managerial skills wrt safetyBasic managerial skills wrt safety
Basic managerial skills wrt safety
 
Moving Machine & Accident Prevention
Moving Machine & Accident PreventionMoving Machine & Accident Prevention
Moving Machine & Accident Prevention
 
Safe driving
Safe drivingSafe driving
Safe driving
 
23.05.2015
23.05.201523.05.2015
23.05.2015
 
Fmea
FmeaFmea
Fmea
 
Smoking facts
Smoking  factsSmoking  facts
Smoking facts
 
Flood hindi
Flood hindiFlood hindi
Flood hindi
 
Basic managerial skills wrt safety
Basic managerial skills wrt safetyBasic managerial skills wrt safety
Basic managerial skills wrt safety
 

Recently uploaded

Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
WaniBasim
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
NgcHiNguyn25
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
TechSoup
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
adhitya5119
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
eBook.com.bd (প্রয়োজনীয় বাংলা বই)
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
Celine George
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
IreneSebastianRueco1
 
Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
sayalidalavi006
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Celine George
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
Celine George
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
Israel Genealogy Research Association
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
Scholarhat
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
TechSoup
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
AyyanKhan40
 

Recently uploaded (20)

Liberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdfLiberal Approach to the Study of Indian Politics.pdf
Liberal Approach to the Study of Indian Politics.pdf
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat  Leveraging AI for Diversity, Equity, and InclusionExecutive Directors Chat  Leveraging AI for Diversity, Equity, and Inclusion
Executive Directors Chat Leveraging AI for Diversity, Equity, and Inclusion
 
Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
How to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP ModuleHow to Add Chatter in the odoo 17 ERP Module
How to Add Chatter in the odoo 17 ERP Module
 
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
RPMS TEMPLATE FOR SCHOOL YEAR 2023-2024 FOR TEACHER 1 TO TEACHER 3
 
Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
 
The Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collectionThe Diamonds of 2023-2024 in the IGRA collection
The Diamonds of 2023-2024 in the IGRA collection
 
Azure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHatAzure Interview Questions and Answers PDF By ScholarHat
Azure Interview Questions and Answers PDF By ScholarHat
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
 
PIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf IslamabadPIMS Job Advertisement 2024.pdf Islamabad
PIMS Job Advertisement 2024.pdf Islamabad
 

Risk assessment

  • 1. RISK MANAGEMENTRISK MANAGEMENTRISK MANAGEMENTRISK MANAGEMENT RAJASHREE POLYFILRAJASHREE POLYFIL (A DIV. OF CENTURY ENKA LTD.) BY : PANNALAL SONIBY : PANNALAL SONI
  • 2. GENERAL Risk is the potential of losing something of value. (such as health & wealth) A probability or threat of damage, injury, liability, loss or any other negative impact that is caused by external or internal vulnerabilities (inability to withstand the effects) and that may be avoided through sound preventive action. In CompaniesIn Companies : Risk is "an uncertain event or condition: Risk is "an uncertain event or condition that, if it occurs, has a positive or negative effect on athat, if it occurs, has a positive or negative effect on a companies goal" and itcompanies goal" and it isis inherentinherent with any of our activity.with any of our activity.
  • 3. SEQUENCE OF RISK MANAGEMENT ● RISK IDENTIFICATION ● RISK QUANTIFICATION/MAPING ● RISK CLASSIFICATION ● RISK PRIORITIZATION ● RISK MITIGATION
  • 4. OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 5. Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 6. Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 7. OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk maping ● Risk Management Procedure Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK Health & Safety Risk is the outcome of Hazards hence,Health & Safety Risk is the outcome of Hazards hence, Hazard Identification is must to Assess & Mitigate such RISKHazard Identification is must to Assess & Mitigate such RISK
  • 8. ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk maping ● Risk Management Procedure 1. Physical Hazards1. Physical Hazards 2. Mechanical Haz.2. Mechanical Haz. 3. Electrical Haz.3. Electrical Haz. 4. Chemical Haz.4. Chemical Haz. 5. Biological Haz.5. Biological Haz. 6. Human Hazards6. Human Hazards a. Physiologicala. Physiological b. Psychologicalb. Psychological 7. Other Hazards7. Other Hazards 1. Physical Hazards1. Physical Hazards 2. Mechanical Haz.2. Mechanical Haz. 3. Electrical Haz.3. Electrical Haz. 4. Chemical Haz.4. Chemical Haz. 5. Biological Haz.5. Biological Haz. 6. Human Hazards6. Human Hazards a. Physiologicala. Physiological b. Psychologicalb. Psychological 7. Other Hazards7. Other Hazards OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 9. ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure 1. Injury1. Injury 2. Ilness2. Ilness 3. Diability3. Diability 4. Death4. Death 5. Fire5. Fire 6. Explosion6. Explosion 7. Toxicity7. Toxicity 8. Env. Damage8. Env. Damage 9. Health impairment9. Health impairment 10. Other10. Other 1. Injury1. Injury 2. Ilness2. Ilness 3. Diability3. Diability 4. Death4. Death 5. Fire5. Fire 6. Explosion6. Explosion 7. Toxicity7. Toxicity 8. Env. Damage8. Env. Damage 9. Health impairment9. Health impairment 10. Other10. Other OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 10. ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 11. ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact OCCUPATINAL HEALTH & SAFETY RISK MANAGEMENTOCCUPATINAL HEALTH & SAFETY RISK MANAGEMENT
  • 12. Easy ExampleEasy ExampleEasy ExampleEasy Example
  • 13. BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Easy ExampleEasy ExampleEasy ExampleEasy Example
  • 14. RiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpactRiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Easy ExampleEasy ExampleEasy ExampleEasy Example
  • 15. Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation RiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpactRiskRisk = Likelihood of occurrencesLikelihood of occurrences XX ImpactImpact Score Likelihood Definition 01 Rare Existing Control Very Strong to mitigate the risk 02 Unlikely Existing Controls robust and adequate to mitigate the risk 03 Possible Existing controls reasonable to mitigate the risk but may still require improvement 04 Likely Existing Controls inadequate to mitigate the risk and required improvement 05 Almost certain Existing Controls unsatisfactory to mitigate the risk BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Easy ExampleEasy ExampleEasy ExampleEasy Example
  • 16. Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact Score Impact Definition 01 Negligible 0% loss or almost negligible loss of business in terms of money 02 Low 1% to 2% loss of business in terms of money 03 Moderate Up to 10% loss of of business in terms of money 04 High Up to 25% loss of business in terms of money 05 Very High up to 50% loss of business in terms of money BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Easy ExampleEasy ExampleEasy ExampleEasy Example
  • 17. RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment
  • 18. RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment
  • 19. RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure
  • 20. 1 2 3 4 5 RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure
  • 21. 1 2 3 4 5 RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Impact or Consequence Impact or Consequence Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure
  • 22. 1 2 3 4 5 1 2 3 4 5 RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment Impact or Consequence Impact or Consequence Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure
  • 23. 1 2 3 4 5 1 1 2 3 4 5 2 2 4 6 8 10 3 3 6 9 12 15 4 4 8 12 1616 2020 5 5 10 1515 2020 2525 Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure Impact or Consequence Impact or Consequence RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment
  • 24. 1 2 3 4 5 1 1 2 3 4 5 2 2 4 6 8 10 3 3 6 9 12 15 4 4 8 12 1616 2020 5 5 10 1515 2020 2525 Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure Impact or Consequence Impact or Consequence RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact RISK MATRIXRISK MATRIXRISK MATRIXRISK MATRIX BusinessBusiness Risk AssessmenRisk Assessment BusinessBusiness Risk AssessmenRisk Assessment
  • 25. SEQUENCE OF RISK MANAGEMENT Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation 1 2 3 4 5 1 1 2 3 4 5 2 2 4 6 8 10 3 3 6 9 12 15 4 4 8 12 1616 2020 5 5 10 1515 2020 2525 Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure Impact or Consequence Impact or Consequence Score Risk Definition 1 -31 -3 Insignificant Impact can be easily absorbed without requiring management effort 4 – 64 – 6 Minor Impact can be readily absorbed but some management effort is required 8 – 108 – 10 Moderate Impact can not be managed under normal operating conditions, requiring moderate level of resource and management inputs 12 – 1612 – 16 Major Impact requires a high level of management attention and resources to rectify 20 – 2520 – 25 Catastrophic Disaster with potential to lead to business collapse and requiring almost total management attention to rectify
  • 26. Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation RiskRisk = Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact RiskRisk = Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact Scor e Likeliho od Definition Occupational Health Occupational Safety 01 Rare Not likely to occur more than five years Not likely to occur more than five years 02 Unlikely Once / twice in a year Once / twice in a year 03 Possible Once / twice in a month Once / twice in a month 04 Likely Once / twice in a week Once / twice in a week 05 Almost certain Once / twice or more in a day Once / twice or more in a day SAFETYSAFETY Risk AssessmenRisk Assessment SAFETYSAFETY Risk AssessmenRisk Assessment
  • 27. Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation RiskRisk = Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact RiskRisk = Frequency of OccurrencesFrequency of Occurrences //LikelihoodLikelihood XX Severity of Consequences /Severity of Consequences / ImpactImpact Scor e Consequ ences Definition Occupational Health Occupational Safety 05 Very High Illness causing loss of life/permanent disease Fatality / Permanent Disablement or Heavy Property damage 04 High Illness causing time loss more than 10 days Temporary disablement time lost more than 10 days / Moderate Property damage 03 Moderate Illness causing loss of time more than 10 days but less than 48 hours Temporary disablement time lost more less than 10 days but more than 48 hours/ Low Property damage 02 Low Medical treatment & Loss of time Time lost less than 48 hours / Very low SAFETYSAFETY Risk AssessmenRisk Assessment SAFETYSAFETY Risk AssessmenRisk Assessment
  • 28. 1 2 3 4 5 1 1 2 3 4 5 2 2 4 6 8 10 3 3 6 9 12 15 4 4 8 12 1616 2020 5 5 10 1515 2020 2525 Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure Impact or Consequence Impact or Consequence RiskRisk = LikelihoodLikelihood XX ImpactImpactRiskRisk = LikelihoodLikelihood XX ImpactImpact RISK MATRIXRISK MATRIXRISK MATRIXRISK MATRIX SAFETYSAFETY Risk AssessmenRisk Assessment SAFETYSAFETY Risk AssessmenRisk Assessment
  • 29. SEQUENCE OF RISK MANAGEMENT Quantification of Risk or Risk evaluation Quantification of Risk or Risk evaluation 1 2 3 4 5 1 1 2 3 4 5 2 2 4 6 8 10 3 3 6 9 12 15 4 4 8 12 1616 2020 5 5 10 1515 2020 2525 Likelihood or Frequency of Occurrences /Failure Likelihood or Frequency of Occurrences /Failure Impact or Consequence Impact or Consequence Score Risk Definition 1 -31 -3 Insignificant Impact can be easily absorbed without requiring management effort 4 – 64 – 6 Minor Impact can be readily absorbed but some management effort is required 8 – 108 – 10 Moderate Impact can not be managed under normal operating conditions, requiring moderate level of resource and management inputs 12 – 1612 – 16 Major Impact requires a high level of management attention and resources to rectify 20 – 2520 – 25 Catastrophic Disaster with potential to lead to business collapse and requiring almost total management attention to rectify
  • 30. Example – 3Example – 3Example – 3Example – 3 Legal RiskLegal Risk AssessmentAssessment Legal RiskLegal Risk AssessmentAssessment
  • 31. LEGAL RISK ASSESSMENT AND MANAGEMENT Risk Rating Methodology (Quantification of Risk) PROBABILITY / LIKELIHOOD RATING SCORE LIKELYHOOD DEFINITION 1 Rare Existing Control robust and Very Strong to mitigate the risk 2 Unlikely Existing Controls adequate to mitigate the risk 3 Possible 4 Likely Existing Controls inadequate to mitigate the risk and required improvement 5 Almost certain Existing Controls unsatisfactory to mitigate the risk Definition of Legal Risk : The Risk which has a Legal issue as its source and it is a set of facts that are assessd under a set of Legal Norms Existing controls reasonable to mitigate the risk but may still require improvement
  • 32. IMPACT RATING SCORE IMPACT DEFINITION 1 Negligible Almost negligible loss / Non compliance almost Ignored by Authorities 2 Low Verbal guidance / Direction to comply with 3 Moderate 4 High 5 Very High Written Notice to Comply without penalty / Lost time Injury /Temporary Disablement / bad Image amongst Govt. authority Short term cessation of any particular activity / Show Cause Notice and Normal Penalty or short term Imprisonment / Financial loss covered by Insurance Closure Notice / Withdrawal of License /Long term Imprisonment / Very High Penalty / Financial Loss never covered by Insurance
  • 33. RISK MATRIX RISK = PROBABILITY X IMPACT Risk Matrix IMPACT / CONSEQUENCES 1 2 3 4 5 PROBABILITY/LIKELYHOOD 5 5 10 15 20 25 4 4 8 12 16 20 3 3 6 9 12 15 2 2 4 6 8 10 1 1 2 3 4 5
  • 34. CATEGORY OF RISK RISK SCORE DEFINITION ACTION REQUIRED Insignificant/Very Low 1 to 5 Minor/Low 6 to 9 This Quarter Moderate 10 to 12 This Month Major/High 16 to 20 This week Catastrophic 25 Immediate or today Impact can be easily absorbed without requiring management effort Maintain Existing Control Impact can be readily absorbed but some management effort is required Impact can not be managed under normal operating conditions, requiring moderate level of resource and management inputs Impact requires a high level of management attention and resources to rectify Disaster with potential to lead to business collapse and requiring almost total management attention to rectify Risk Matrix cum Action PlanRisk Matrix cum Action PlanRisk Matrix cum Action PlanRisk Matrix cum Action Plan
  • 35. SEQUENCE OF RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance
  • 36. SEQUENCE OF RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Changes & Modification 2. Replacement 3. Avoidance 1. Changes & Modification 2. Replacement 3. Avoidance
  • 37. SEQUENCE OF RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Management Procedure 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Awareness, Education & Training 2. Engineering Control 3. SOP, WI, PTW, LOTO etc. 4. Use of PPE 5. Good Housekeeping 6. Enforcement & Penalization 7. Motivation for Safety 8. Involvement 1. Awareness, Education & Training 2. Engineering Control 3. SOP, WI, PTW, LOTO etc. 4. Use of PPE 5. Good Housekeeping 6. Enforcement & Penalization 7. Motivation for Safety 8. Involvement
  • 38. SEQUENCE OF RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Management Procedure 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Outsourcing1. Outsourcing 2. Contract2. Contract 3. Insurance3. Insurance 1. Outsourcing1. Outsourcing 2. Contract2. Contract 3. Insurance3. Insurance
  • 39. SEQUENCE OF RISK MANAGEMENT ● Common Hazards at Shop Floor ● Risk associated with each Hazards ● Risk Assessment / Risk Maping ● Risk Management Procedure 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance 1. Risk Elimination1. Risk Elimination 2. Risk Reduction2. Risk Reduction 3. Risk Transfer3. Risk Transfer 4. Risk Acceptance4. Risk Acceptance Taking RiskTaking Risk
  • 40. HUMAN RISKHUMAN RISK a. Physiologicala. Physiological b. Psychologicalb. Psychological a. Physiologicala. Physiological b. Psychologicalb. Psychological 1. Poor Hearing 2. Poor Vision 3. Colour blindness 4. Low weight 5. High weight 6. Illness 7. Sex 8. Individual difference 9. Poor Oxygen uptake 10. Allergic to workplace 11. Mentally retarded 1. Poor Hearing 2. Poor Vision 3. Colour blindness 4. Low weight 5. High weight 6. Illness 7. Sex 8. Individual difference 9. Poor Oxygen uptake 10. Allergic to workplace 11. Mentally retarded
  • 41. HUMAN RISKHUMAN RISK a. Physiologicala. Physiological b. Psychologicalb. Psychological a. Physiologicala. Physiological b. Psychologicalb. Psychological 1. Poor Hearing 2. Poor Vision 3. Colour blindness 4. Low weight 5. High weight 6. Illness 7. Sex 8. Individual difference 9. Poor Oxygen uptake 10. Allergic to workplace 11. Mentally retarded 1. Poor Hearing 2. Poor Vision 3. Colour blindness 4. Low weight 5. High weight 6. Illness 7. Sex 8. Individual difference 9. Poor Oxygen uptake 10. Allergic to workplace 11. Mentally retarded RMP : Selection of Suitable employee RMP : Selection of Suitable employee
  • 42. HUMAN RISKHUMAN RISK a. Physiologicala. Physiological b. Psychologicalb. Psychological a. Physiologicala. Physiological b. Psychologicalb. Psychological 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations
  • 43. HUMAN RISKHUMAN RISK a. Physiologicala. Physiological b. Psychologicalb. Psychological a. Physiologicala. Physiological b. Psychologicalb. Psychological 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations Tools to Manage Tools to Manage
  • 44. HUMAN RISKHUMAN RISK a. Physiologicala. Physiological b. Psychologicalb. Psychological a. Physiologicala. Physiological b. Psychologicalb. Psychological 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations 1. Egoist 2. No safety attitude 3. Fearful 4. Disloyal 5. Absent minded 6. Lazy 7. Crazy 8. Superior's attitude 9. Co-worker's attitude 10. Non cooperative 11. Facilities & Workplace 12. Awards/Rewards/Motivations 1. Awareness, Education & Training 2. Engineering Control 3. SOP, WI, PTW, LOTO etc. 4. Use of PPE 5. Good Housekeeping 6. Enforcement & Penalization 7. Motivation for Safety 8. Involvement 1. Awareness, Education & Training 2. Engineering Control 3. SOP, WI, PTW, LOTO etc. 4. Use of PPE 5. Good Housekeeping 6. Enforcement & Penalization 7. Motivation for Safety 8. Involvement Tools to Manage Tools to Manage