Conestoga College's 2014: Risk Assignment

When planning a risk assessment and looking at possible risks, the decisions that are made for the benefit of the service user should be made after collecting all of the information available. Any reasons give should be able to be defended by looking at every angle that shows that it is in the best interest of the service user with as much risk being removed as possible.

1.3- Explain what risk assessment is and how this is managed in the work setting.

4.3: To carry out a risk assessment first of all you need to identify the hazards, then decide who might be harmed and how. Then evaluate the risks and decide on precaution and then record your findings and implement on them. After this is done review your assessment and update if necessary.

Develop and submit a risk register based on the 10 risks you have assessed within the project you selected. Your register should have four sections.

Assess the likelihood of occurrence and the impact of the assigned hazard to where you live. Tell us your assigned hazard, the vulnerability of your area to that hazard, then the likelihood that the hazard will occur. Rate the risk assessment on a scale of 1 to 10, with 1 being low risk and low vulnerability and 10 being high risk and high

* Estimate the risk level and probability and then determine the severity using the risk assessment matrix

An innocent child is standing in a candy store and looking at all his favorite options from which to choose. He slowly reaches for the bag of M&Ms, and he does not know what all the chemicals in that bag will cause him. The M&Ms have ADHD (Attention Deficit Hyperactivity Disorder) causing carcinogens in them called food dyes. These food additives help the food products stay vibrant and eye catching but America’s youth does not know what the consequences are when you eat these products. Children think they are nice and colorful but they do not know what lies behind the wonderful rainbow of colored M&Ms in that bag. That is why The United States needs to ban food color additives to make our nation healthier. The main points on food dyes are the problems they cause, the counter argument against them and the steps the country can take to solve these problems.

Hey Alex, Congratulation on graduating from Herzing University with your Bachelor’s degree in Criminal Justice and joining the law enforcement family as a Deputy Sheriff’s. As, I understand Alex, you just finished the Sheriff Department Training Academy and will be beginning your career patrolling the north end of the city on the night shift. Alex, some of the important things to remember when you are patrolling your area are citizen’s civil rights, defenses to civil litigation, the elements of managing risk on the job and how your decision could make a positive or negative impact in someone else life.

Determining the level of risk should be broken down into 4 categories: low, medium, high or very high. A consequences scale should also be created. Different levels of risk bring on different level of consequences.

3. Using your favorite project in assignment 1 of section 1, identify risks, analyze and prioritize risks, and develop risk response plans. (20 points)

Risk assessment methods: To decide on priorities and setting objectives, so that hazards can be eliminated and risks reduced Hughes and Ferrett (2008: 20).

Risk Analysis is the process of defining and analyzing the dangers to individuals, business and government agencies posed by potential natural and human caused adverse events. In IT, a risk analysis report can be used to align technology-related objectives with a company’s business objectives. A main objective of a business is to determine the potential RE a.k.a Risk Impact, or the probability of a potential loss. These expected values give you a sense of how much loss your company may take, before you can implement mitigation actions.

10. Rank the risks: List all the elements you have identified from the highest risk to the lowest risk.

A risk can be threat or an opportunity. Action plan is worked out for each of the “top risks” (high priority risks), by finding ways to reduce or eliminate threats, and find ways to make opportunities more likely or increase their impact. Work involves in identifying response. Responses can be Avoid, Accept, Transfer, Contain and Reserve. Mitigation or Contingency Plan should be worked out. This plan needs to have greater details for high impact risks. Risks also need to be assigned to the owners, where required. Risks that are low on priority are left out of response planning activity. These are “residual risks”. New risks that result from the implementation of the contingency plans for the primary risks are also

Risk assessment is the method of collecting relevant information in order to establish a level of understanding of the risk in a particular procedure/task or decision (ABS, 2000). It can be said that there is not an internationally accepted description defining the term of risk (IACS, 2012). However IMO describes risk as the combination of the severity of a consequence and the frequency that an incident may occur (MSC Circ 1023 / MEPC Circ 322). The process of risk assessment requires hazard identification establishing the probability or frequency of appearance of an identified hazard and the consequences/impacts that it has (ABS, 2000). The most prevailing methods that are used for risk assessment are the qualitative, quantitative and semi-quantitative methods. Although for a more broad approach a combined method is usually used in