Risk Analysis
Risk analysis is a part of the risk assessment process. Risks must be analysed to see what hazards or dangers might occur when carrying out a job or task.
The analysis of risk also includes analysing who could be harmed and in what way they could be harmed from any potential risks associated with a job.
The Health & Safety Executive 5 step plan:-
- Identify the Risks.
- Determine who may be harmed and how.
- Evaluate the Risks and decide on precautions needed to reduce the risks.
- Record your results, and implement the measures.
- Review and update the Risk Assessments where required.
An analysis of risks should be carried out as part of the risk assessment or risk management for each project.
Ideally, potential risks should be identified before a project begins. After the risk analysis is complete, a workshop or “toolbox talk” should be held.
During the workshop or “toolbox talk”, staff should be informed of the potential risks that have been identified during the analysis or risk.
Importantly, staff should also be informed of measures that they need to take in order to avoid or reduce the potential risk.
Since many risks are continuous yet ever-changing, the analysis or risk may need to be repeated at intervals as a project progresses.