--%>

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 : Define Liabilities Liabilities mean the

    Liabilities mean the amount which the firm owes to the outsiders. Liabilities are of two types: -Long term liabilities & Short term liabilities. Examples of long term liabilities are long terms loans, bonds etc. & examples of short term liabil

  • Q : Characteristics of Zero coupon bonds

    State the characteristics of the Zero coupon bonds market instrument.

  • Q : Case study of a pharmaceutical group in

    The XYZ Group, a supplier of pharmaceutical equipment, systems and services, has its head office in London and primary production facilities in the US. The company also has a successful subsidiary in South Africa, which was established in 1990. XYZ South Africa does n

  • Q : Stigmatizing obesity Should obesity be

    Should obesity be stigmatized? Answer yes or no, summarize the discussion and explain your position.

  • Q : Determining interest rate parity

    Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.

  • Q : Meaning of Electronic Fund Transfer

    What is the meaning of Electronic Fund Transfer. Briefly describe it.

  • Q : Brokering Creativity Explain the term

    Explain the term Brokering Creativity in Creative industry ?  

  • Q : What is Treasury bills What is Treasury

    What is Treasury bills? What did they do?

  • Q : Need for valuing goodwill Need for

    Need for valuing goodwill: If the mutual rights of the partners modifies then the party which makes a sacrifice should be compensated. This basis of compensation is goodwill therefore we require calculating goodwill. Mutual rights change beneath follo

  • Q : DM/S$ currency versus currency bid-ask

    Provided the given information, state the DM/S$ currency versus the currency bid-ask quotations? Bank Quotations              American Terms