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Risk Word Files

Risk assessment is a step in the risk management process. Risk assessment is measuring two quantities of the risk R, the magnitude of the potential loss L, and the probability p that the loss will occur.

Ri = Lip(Li)

Rtotal = Lip(Li)
i

Risk assessment may be the most important step in the risk management process, and may also be the most difficult and prone to error. Once risks have been identified and assessed, the steps to properly deal with them are much more programmatical.

Part of the difficulty of risk management is that measurement of both of the quantities in which risk assessment is concerned can be very difficult itself. Uncertainty in the measurement is often large in both cases. Also, risk management would be simpler if a single metric could embody all of the information in the measurement. However, since two quantities are being measured, this is not possible. A risk with a large potential loss and a low probability of occurring must be treated differently than one with a low potential loss but a high likelihood of occurring. In theory both are of nearly equal priority in dealing with first, but in practice it can be very difficult to manage when faced with the scarcity of resources, especially time, in which to conduct the risk management process.

 

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RA11 - Pipe Work Installation
RA11 - Pipe Work Installation

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RA12 - Cistern Cleaning-Coating
RA12 - Cistern Cleaning-Coating

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RA13 - Dismantling Boilers etc
RA13 - Dismantling Boilers etc

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RA14 - Installing Gas Boilers
RA14 - Installing Gas Boilers

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RA15 - Fan Coil Installation
RA15 - Fan Coil Installation

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RA16 - Flue Liner Installation
RA16 - Flue Liner Installation

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RA17 - Handling Asbestos Materials
RA17 - Handling Asbestos Materials

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RA18 - Excavations
RA18 - Excavations

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RA19 - Roof Work
RA19 - Roof Work

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RA20 - Installing-Replacing Luminaires
RA20 - Installing-Replacing Luminaires

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RA21 - Cable Pulling
RA21 - Cable Pulling

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RA22 - Installation of Tray Work-Electrical Trunking
RA22 - Installation of Tray Work-Electrical Trunking

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RA23 - Low Voltage up to 415v Electrical Work
RA23 - Low Voltage up to 415v Electrical Work

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RA24 - Testing and Commissioning
RA24 - Testing and Commissioning

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RA25 - Using Lift Trucks
RA25 - Using Lift Trucks

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RA26 - Erecting-Using-Dismantling Mobile Towers
RA26 - Erecting-Using-Dismantling Mobile Towers

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RA27 - Use of Cartridge Operated Tools
RA27 - Use of Cartridge Operated Tools

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RA28 - Using Compressed Air Tools
RA28 - Using Compressed Air Tools

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RA29 - Use of Hand Tools
RA29 - Use of Hand Tools

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RA30 - General Manual Handling
RA30 - General Manual Handling

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RA31 - Work Roof Spaces (Lofts) or Open Joisting
RA31 - Work Roof Spaces (Lofts) or Open Joisting

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RA33 - Peripatetic and Lone Working
RA33 - Peripatetic and Lone Working

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RA34 - Oxy-Acetylene Welding
RA34 - Oxy-Acetylene Welding

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RA35 - Young or Inexperienced Workers
RA35 - Young or Inexperienced Workers

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RA36 - Work in Riser Shafts
RA36 - Work in Riser Shafts

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Risk and method statement log.
Risk and method statement log.

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Risk and method statements ACCEPTANCE
Risk and method statements ACCEPTANCE

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Risk assesment for AHU & fans
Risk assesment for AHU & fans

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Risk assesment for Air Compressors and Associated Distribution
Risk assesment for Air Compressors and Associated Distribution

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Risk assesment for Air Coolers
Risk assesment for Air Coolers

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