Risk Assessment Report: Hazard Identification and Mitigation Plans

This report presents a risk assessment example centered on identifying and controlling hazards, particularly in scenarios involving chemical handling and machinery operation. It emphasizes the use of forklifts, safety materials, warning signs, and employee training to mitigate risks. The document classifies mitigation plans, conducts a cost-benefit analysis considering injuries and potential fatal accidents, and references various sources on ecological and quantitative risk management. The assessment includes evaluating the severity and likelihood of incidents to determine an evaluation index, aiding in prioritizing risk mitigation strategies. Desklib offers a wealth of similar documents and study tools for students.

RISK
ASSESSMENT

EXAMPLE OF METHOD TO
IDENTIFY CONTROL
 Hazard identified is during the shifting of
chemicals or in terms of mixing machine cleaners
with antiseptic things
 Use forklifts while shifting products from place to
place
 Use safety materials
 Ensure that a warning sign is provided
 Engage in training of the employees
 Dispose the equipment or place that cannot be
made risk free

CLASSIFICATION OF
MITIGATION PLANS
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COST BENEFIT ANALYSIS
Estimated cost figure
A Injuries to people (Severity 9 out of 10 and likelihood 8 out of 10) 1000
B Cost of mitigation plan 500
C Fatal accidents (Severity 5 out of 10 and likelihood 5 out of 10) 900
Evaluation index (B/A-C) 5

REFERENCE
 Suter II, G. W. (2016). Ecological risk assessment. CRC press.
 Li, W. (2014). Risk assessment of power systems: models, methods,
and applications. John Wiley & Sons.
 Hopkin, P. (2018). Fundamentals of risk management:
understanding, evaluating and implementing effective risk
management. Kogan Page Publishers.
 Duggan, J. M., Eichelberger, B. A., Ma, S., Lawler, J. J., & Ziv, G.
(2015). Informing management of rare species with an approach
combining scenario modeling and spatially explicit risk
assessment. Ecosystem Health and Sustainability, 1(6), 1-18.
 Glendon, A. I., & Clarke, S. (2015). Human safety and risk
management: A psychological perspective. Crc Press.
 McNeil, A. J., Frey, R., & Embrechts, P. (2015). Quantitative Risk
Management: Concepts, Techniques and Tools-revised edition.
Princeton university press.