RISK

ASSESSMENT
@AmjadAlhomud
RISK ASSESSMENT

RISK ASSESSMENT IS THE IDENTIFICATION

OF HAZARDS THAT COULD NEGATIVELY
IMPACT AN ORGANIZATION'S ABILITY TO
CONDUCT BUSINESS.

@AmjadAlhomud
YOU FIRST NEED TO BE FAMILIAR WITH TWO
IMPORTANT TERMS; HAZARD AND RISK.

A RISK IS THE CHANCE, NO

A HAZARD IS ANYTHING MATTER THE SEVERITY, OF
THAT HAS THE SOMEBODY BEING HARMED BY A
POTENTIAL TO CAUSE HAZARD. IN YOUR RISK
HARM. ASSESSMENT, YOU SHOULD
ASSESS THE EXTREMITY OF THIS
HARM.

@AmjadAlhomud
THE RISK ASSESSMENT SHOULD BE STRUCTURED AND
APPLIED SO AS TO HELP EMPLOYERS TO:

HERE ARE SOME OF THE REASONS WHY COMPANIES, NEED TO ASSESS THE
VARIOUS HAZARDS AND RISKS IN ORDER TO PUT EFFECTIVE CONTROL MEASURES
IN PLACE VIA RISK ASSESSMENTS:

PROTECT PEOPLE FROM POTENTIAL HARM AND ILL-HEALTH

HELP REDUCE AND ELIMINATE HAZARDS TO CREATE A MUCH SAFER WORKING
ENVIRONMENT FOR ALL.
IDENTIFY AND ANALYZE THE LEVEL OF RISK AND LIKELIHOOD OF INCIDENTS
OCCURRING
DETERMINE EFFECTIVE CONTROL MEASURES THAT CAN BE IMPLEMENTED
AND MONITORED.
RISK ASSESSMENTS FORM A CRUCIAL PART TO EFFECTIVE HEALTH AND
SAFETY POLICIES

@AmjadAlhomud
HOW TO DO A RISK ASSESSMENT ?

THERE ARE NO FIXED RULES ON HOW A RISK ASSESSMENT SHOULD BE

CARRIED OUT, BUT THERE ARE A FEW GENERAL PRINCIPLES THAT
SHOULD BE FOLLOWED.
FIVE STEPS TO RISK ASSESSMENT CAN BE FOLLOWED TO ENSURE
THAT YOUR RISK ASSESSMENT IS CARRIED OUT CORRECTLY, THESE
FIVE STEPS ARE:
1. IDENTIFY THE HAZARDS
2. DECIDE WHO MIGHT BE HARMED AND HOW
3. EVALUATE THE RISKS AND DECIDE ON CONTROL MEASURES
4. RECORD YOUR FINDINGS AND IMPLEMENT THEM
5. REVIEW YOUR ASSESSMENT AND UPDATE IF NECESSARY

@AmjadAlhomud
STEP 1: IDENTIFY THE HAZARDS

HAZARDS CAN BE IDENTIFIED BY USING A NUMBER OF

DIFFERENT TECHNIQUES SUCH AS WALKING ROUND
THE WORKPLACE, OR ASKING YOUR EMPLOYEES.

@AmjadAlhomud
STEP 2: DECIDE WHO MIGHT BE HARMED AND HOW

ONCE YOU HAVE IDENTIFIED A NUMBER OF HAZARDS YOU

NEED TO UNDERSTAND WHO MIGHT BE HARMED AND
HOW, SUCH AS ‘PEOPLE WORKING IN THE WAREHOUSE’,
OR MEMBERS OF THE PUBLIC.

@AmjadAlhomud
STEP 3: EVALUATE THE RISKS AND DECIDE
ON CONTROL MEASURES

AFTER ‘IDENTIFYING THE HAZARDS’ AND ‘DECIDING WHO MIGHT

BE HARMED AND HOW’ YOU ARE THEN REQUIRED TO PROTECT
THE PEOPLE FROM HARM. THE HAZARDS CAN EITHER BE
REMOVED COMPLETELY OR THE RISKS CONTROLLED SO THAT THE
INJURY IS UNLIKELY.

@AmjadAlhomud
STEP 4: RECORD YOUR FINDINGS

YOUR FINDINGS SHOULD BE WRITTEN DOWN IT’S A

LEGAL REQUIREMENT WHERE THERE ARE 5 OR MORE
EMPLOYEES; AND BY RECORDING THE FINDINGS IT
SHOWS THAT YOU HAVE IDENTIFIED THE HAZARDS,
DECIDED WHO COULD BE HARMED AND HOW, AND
ALSO SHOWS HOW YOU PLAN TO ELIMINATE THE RISKS
AND HAZARDS.

@AmjadAlhomud
STEP 5: REVIEW YOUR ASSESSMENT AND UPDATE AS
AND WHEN NECESSARY

YOU SHOULD NEVER FORGET THAT FEW

WORKPLACES STAY THE SAME AND AS A RESULT
THIS RISK ASSESSMENT SHOULD BE REVIEWED AND
UPDATED WHEN REQUIRED.

@AmjadAlhomud
RISK ASSESSMENT MATRIX

IS A TOOL USED DURING THE RISK ASSESSMENT STAGE OF PROJECT

PLANNING. IT’S USED TO IDENTIFY AND CAPTURE THE LIKELIHOOD
OF PROJECT RISKS, AS WELL AS TO EVALUATE THE POTENTIAL
DAMAGE OR INTERRUPTION CAUSED BY THOSE RISKS.
THE RISK ASSESSMENT MATRIX OFFERS A VISUAL REPRESENTATION
OF THE RISK ANALYSIS AND CATEGORIZES RISKS BASED ON THEIR
LEVEL OF PROBABILITY AND SEVERITY OR IMPACT. THIS TOOL IS A
SIMPLE, EFFECTIVE WAY TO GET A HOLISTIC VIEW OF THE PROJECT
RISKS IN A WAY THAT’S EASILY UNDERSTOOD BY ALL TEAM
MEMBERS AND KEY STAKEHOLDERS.

@AmjadAlhomud
HOW TO USE A RISK ASSESSMENT MATRIX

A RISK ASSESSMENT MATRIX, IS DRAWN AS A GRID WITH ONE

AXIS LABELED "LIKELIHOOD" AND THE OTHER AXIS LABELED
"CONSEQUENCE." EACH AXIS PROGRESSES FROM "LOW" TO
"HIGH." EACH EVENT IS PLOTTED ON ONE LINE IN TERMS OF
ITS LOW TO HIGH LIKELIHOOD. ON THE OTHER LINE, THE
EVENT IS PLOTTED ON ONE LINE IN TERMS OF ITS LOW TO
HIGH CONSEQUENCE. WHERE THEY MEET DETERMINES THE
PLOT POINT ON THE MATRIX.

@AmjadAlhomud
 VERY LIKELY

LIKELY

PROBABILITY OR LIKELIHOOD
POSSIBLE

UNLIKELY

VERY UNLIKELY

@AmjadAlhomud
 RISK MATRIX EXAMPLE

Impact
Low Medium High

High
Probability

Medium

Low

1. Low
Low risks can be ignored or overlooked as they usually are not a significant threat. A definite hazard with insignificant consequences, such as stubbing your toe, may
be low risk.
2. Medium
Medium risks require reasonable steps for prevention but they’re not a priority. A likely hazard with marginal consequences, such as a small fall, may be medium risk.
3. High
High risks call for immediate action. An occasional hazard with critical consequences, such as a major car accident, may be high risk.
4. Extreme
Extreme risks may cause significant damage, will definitely occur, or a mix of both. They’re a high priority. An unlikely hazard with catastrophic consequences, such as
an aircraft crash, is an extreme risk.

@AmjadAlhomud
HOW DO YOU READ A RISK MATRIX?

To read a risk matrix, start in the bottom left

corner to see the lowest probability, lowest
impact risks. Probability will increase with the
vertical axis, and severity will increase with the
horizontal axis.

@AmjadAlhomud
AmjadAlhomud@gmail.com

@AmjadAlhomud