Risk Assessment and Management at Workplace
Risk assessment is all about a systematic process that involves identifying potential hazards and risks that exist within the workplace through which inherent risks are analyzed and determining whether there need any processes, methods, and control measures to lessen the impact or prevent such hazards.
Besides being compliant with the necessary legislative requirements, risk assessment has the core purpose of eradicating the risks in the work environment and improving overall safety in the workplace. Workers, staff, and others in the workplace have complete rights to have protection against harms that probably are caused due to a failure and are empowered to take appropriate control activities.
Assessing risks in the workplace
Risks can never be avoided in a business as it is the possible result of an event or an action. However, with effective management of risks, you create the possibility to decrease the risks and improve safety.
The law necessitates that businesses evaluate and manage health and safety risks. Although the risk assessment can vary based on the type of industry, still there are some common 5 steps provided by the International Board which are suitable for any kind of industry.
Identify any potential hazards.
Find out who, or what be harmed and how
Analyze the risks and determine the corrective measures
Document what you have found in the risk assessment and work on implementing it.
Review and regularly update the risk assessment as and when needed