5

.docx

School

Imagine Education *

*We aren’t endorsed by this school

Course

FNSACC513

Subject

Industrial Engineering

Date

Dec 6, 2023

Type

docx

Pages

Uploaded by GeneralSkunk1984

5.0 Assessing Potential Risk Accessibility Inadequate seating space Inaccessible toilet facilities Difficulty touring through event site Once risks are identified, they are evaluated on a two (2) dimensional matrix using a qualitative rating of the likelihood of the event occurring and the scale of the possible consequences. When risks have been identified, they are analysed by combining the consequences and likelihood to produce a level of risk. This form of evaluation provides a good graphical representation of how serious the risk is or where it lies within a group of risks. The risk analysis provides information critical to determining what risks need to be treated and what risks are accepted. Likelihood Level Descriptor Description

Almost certain Expected to occur in most circumstances Will probably occur in most circumstances Should occur at some time Could occur at some time may occur only in exceptional circumstances It is not foreseeable that this will occur Description No Injuries low financial loss First Aid treatment medium financial loss release immediately contained Medical treatment required high financial loss on site release contained with outside assistance Extensive injuries major financial loss of site release with no detrimental efects ‐ 1. A Almost certain

2. B Likely 3. C Moderate 4. D Unlikely

5. E Rare 6. F Never Consequence Level Descriptor

1. 1 Insignificant 2. 2 Minor 3. 3 Moderate 4. 4 Major

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help