Managing Risk in Chemical Management System

Managing Risk

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1. Develop a risk register and risk matrix and link them with strategy adopted by the
Department of Chemistry............................................................................................................3
2. Recognise the role of technology in using information to reduce the errors...........................6
3. Evaluate efficacy of risk assessment plan by analysing success achieved..............................6
4. Analyse robustness of risk plan and recommend strategies to mitigate new risk...................7
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
In project there are different types of risk which can occur. The risk varies on basis of type
and nature of project. Also, its degree and impact differ on type of risk which occurs. However,
it is necessary to mitigate impact of risk because it adversely effect on project. If risk impact is
not mitigated than it results in generating negative outcomes. thus, there are different types of
measures taken and strategies developed to manage risk. it enables in effectively managing of
risk by mitigating its impact. besides, it gives brief description about what has to be done and
how and who is responsible for it.
in this report it will be described about a case study in which a chemical and waste
management system is implemented in education. so, a risk register is developed in it along with
role of technology. besides, strategies to mitigate future risk will be explained.
Risk Assessment plan and risk Management
Risk identification: In this the Gdansk University will be engaged in identifying the risk which
can be faced by them during management of chemical hazards. It has been analysed that various
substances and mixtures are used that are often hazardous to workers,
Risk analysis: Risk analysis is basically undertaking a project there are several types of risks
which can occur. These can directly effect on performance of overall project. Hence, it is
necessary to identify those risk so that mitigation strategies can be developed and risk impact can
be reduced
Risk prioritisation: The risk is been prioritised on the level of their ratings. The highest rating
of risk more likely to appear.
Risk treatment: The risk can be treated by Gdansk University by making use of various
mitigation strategies.
Risk review and monitoring: The risk review and monitoring can be done by making use of
tools like KPI and benchmarking.
Medium: High turnover of
students and staff and a
multicultural environment
High- Variety and
variability of used
substances and preparations
High
Low: Language barriers and
other problems
Medium High
Low Low Medium

. In order to provide protection to the stakeholders the university will be engaged in making
the risk register (He, Malloy and Schoenung, 2019). This will assist them in assessing the
intensity of risk which can affect the university in managing the chemical hazards. The following
strategies are being adopted by the Gdansk university to make sure that safety is been provided
to stakeholders. It includes the following:
Risk Impact Risk rating Strategy
Variety and variability
of used substances and
preparations
It has bene analyzed
that during managing
the chemical projects,
there are various
substances which are
used by students can
be hazardous to them.
These chemical
substances can also be
hazardous to the
environment. This has
huge impact on the
students and also on
environment as
accidents can took
place at any time.
5 In this the strategy
which has been used
by Gdansk university
in order to protect the
students and
environment from
hazards are that the
PHD scholars students
studying in the
University are been
engaged in making use
of new properties of
substances and also
developing new
chemical substance so
that the risk related to
it can be reduced. New
and innovative
materials are been
used in the to reduce
the accidental errors
which happens in the
laboratory. University
is also ensuring and