Risk Management

Risk assessment- An assessment of any risks to the worker's health and safety is undertaken by a trained risk assessor. This allows for the risks to be removes, reduced or avoided, and for preventive and protective measures to be identifies and

Risk is defined by the probability of injury, harm, loss or danger. We all take risks every day, and don’t even think about implications.

A risk assessment is used to assess the hazards and risks that can cause harm to individuals in an environment. I did my risk assessment for my placement which is a day nursery setting called Quince Tree. Many parents and their children visit this health and social care setting daily and a risk assessment was needed to make sure their safety was to a high standard.

A risk assessment is a health and safety procedure, which requires a member of staff or line manager to carry out an examination; on what could cause danger and create harm to anyone within the work environment. During my time at One World nursery, a staff member would carry out a risk assessment every day; within their located room also there would be someone who will carry out a risk assessment outside in the garden.

Risk – A risk in a health and social care setting is when there is a strong possibility of harm occurring through a hazard.

Risk management in the health care setting is multi-focused. In addition to mitigating risks inherent to clinical settings, it also serves to protect visitors and employees safety. Moreover, risk management is vital to protect the organization from losses, earning and retaining accreditation, and reducing the overall risk of doing business in the health care industry. At the heart of risk management is the manager who is responsible for maintaining a risk management plan and continually monitoring the outcome of the plan.

A risk assessment is a form that has a risk, what is involved, how serious it could be and

Risk refers to any potential problems that would threaten the likelihood of success for or any project. These potential problems might prevent a project from achieving some or all of its objectives by increasing time and cost. Risk factors can even

It involves a systematic approach to the identification and characterization of physical, chemical, and biologic hazards to individuals and populations in their environment. The consequences of such hazards can include severe illness or injury, an irreversible health consequence, an unfamiliar disease, and an undesirable situation that might have been avoided by use of an alternative approach or technology. Risk assessments typically require that attention be given first to the most important hazards, that is, the ones that can result in the worst health-related outcomes.

Risk: A risk is the chance, high or low, that any hazard will actually cause somebody harm. (the likelihood of it happening).

Risk is what may occur or, that which is likely to occur, as a result of a particular incident. Risk is part of everyday life and it exists in every activity undertaken by humanity. However, some risks can be avoided and are not as grave as others. To evaluate a risk, careful consideration is given to its nature and consequences. Risk is calculated relative to the damage an incident causes and the level, size, and extent of exposure to said damage. Hazard is the apparatus that causes the damage or harm, and exposure is the degree, depth, and scope of the risk as influenced by the nature of the source of danger. In other words, risk can be determined by multiplying hazard by exposure (Nemeth,

Defined by Coopers textbook, risk is the exposure to the consequences of uncertainty and has two elements: the likelihood of something happening that has an impact on the project objectives, and the positive or negative consequences of something impacting the project objectives (Cooper, Grey, Raymond, & Walker, 2005)

Definition: A Risk is an unwanted situation which might arise in an organization which might lead to negative impact on the desired result. Risk management plans involves the analyzing, managing and evaluating the projects risk and threats. It involves layout of the entire project i.e from the beginning during and after results of the project.

There is no single definition of risk. Many insurance authors traditionally have defined risk for uncertainty. A risk is an uncertainty concerning the occurrence of a loss.

As with the definition of risk, there are equally many accepted definitions of risk management in use. Some describe risk management as the decision-making process, excluding the identification and assessment of risk, whereas others describe risk management as the complete process, including risk identification, assessment and decisions around risk issues.