--%>

Assessing risk in the workplace

Describe the primary steps in assessing risk in the workplace with respect to Health and safety, identify and discuss what actions should be taken to manage or wipe out the risks posed?

E

Expert

Verified

1. Identify the hazards:

Firstly, there is a need to make out how individual could be injured or harmed. In case when an individual operates in a workplace daily it is quite possible to oversee a number of risks. Therefore, in order to efficiently manage the hazards and threat posed by them several ways can be considered such as moving around the workplace, asking workers what they feel as they might have come across things that are not instantly understandable otherwise, visiting the HSE website as it publishes useful supervision on where hazards happen and ways to manage them etc.

2. Risk Management:

Analyzing the risk encompasses evaluation of the Consequences, Exposure and Probability of the risk by the means of risk score calculator. It offers a qualitative instrument that aids in prioritizing risk. The risk matrix is adopted to evaluate and prioritize risks; then taking into account with high priority risks first and least once in the last.

3. Decide on measures to control the risk:

Risk can be controlled in several ways like trying a less hazardous alternative, avoiding access to the risk, categorize work to decrease contact with the hazard etc.

   Related Questions in Financial Accounting

  • Q : Personal identities-Organization health

    Personal identities: Generally employees like to work as they interact with animals and success motivates them, they learn new things in their routine job and they are a member to team.  But some job requirements like conducting euthanasia impact

  • Q : CASH AND ACCRUAL BASIS OF ACCOUNTING

    Using the data below,prepare abbreviated income statements for the year 2003 and 2004 on cash basis. Cash receipts from sales: 2003 2004 2005 on 2003 sales $295,000 $160,000 $30,000 On 2004 sales 0 355,000 90,000 On 2005

  • Q : International bonds Explain why most of

    Explain why most of the international bonds have high Moody’s or Standard & Poor’s credit ratings?

  • Q : Difference among personal or real

    What is the difference among personal or real account and nominal account?

  • Q : Different brooks of accounting Write

    Write down the different brooks of accounting?

  • Q : Economic exposure How economic exposure

    How economic exposure can be defined in order to exchange the risk?

  • Q : Whether MNC open their manufactoring

    For most global companies, China symbolizes a very attractive market in terms of size and growth-rate. Yet, it ranks lower in words of economic freedom and higher in political risk than other countries' markets because it has a communist government. Despite such risks

  • Q : Characteristics of Composite currency

    State the characteristics of the Composite currency bonds market instrument.

  • Q : Creation of North American Trade

    Mr. Ross Perot, former Presidential candidate of the Reform Party, that is the third political party in the United States, had strongly protested in the creation of North American Trade Agreement (NAFTA), however, which was inaugurated in the year 1994, due to fear of

  • Q : Conglomerate expansion Evaluate the

    Evaluate the given statement: “Firm may decrease its currency exposure by diversifying across the different business lines”.