Risk Assessment & Hazard Identification
Risk assessment is performed to determine the magnitude of risk and to establish whether measures are needed to contain it within defined limits. Risk assessment does not represent an end in itself but should contribute to controlling risks to an acceptable or tolerable level.
Course Objectives:
- explain the need for, the strategies and the key features of safety management.
- Apply the fundamentals of hazard identification and analysis through a case study.
- Apply the fundamentals of risk management through a case study.
Two definitions: Hazard - Consequence
- Fundamentals:
- Understanding hazards
- Hazard identification
- Hazard analysis
- Documentation of hazards
- The focus of hazard identification
- Exercise 04/01 – International airport construction project (See Handout N° 3)
- Definition of risk
- Fundamentals of risk:
- Risk management
- Risk probability
- Risk severity
- Risk assessment and tolerability
- Cost-benefit analysis