Pavy Risk Assessments

Risk Assessments A risk assessment is simply a means of ensuring that the most significant workplace risks are managed in a cost-effective way. Hazards present in your working environment need to be identified and the level of risk they present needs to be evaluated.

Risk is defined as follows:
risk = likelihood x consequence

In other words, how likely something is to happen, and how serious it would be if it did happen. For example, working on a ladder poses a risk. If the ladder is new, built to the latest standards and properly secured, then the likelihood of an accident is low compared to an unsecured old broken ladder with missing rungs. If you are working at the bottom of the ladder, then the consequence of falling off is low compared to working at the top of the ladder. The risk is the combination of the two, and many risk assessment use a numerical matrix where the likelihood and consequences are each ranked from 1 to 5, giving a possible range of 1 to 25 for each risk. This method allows you to rank the risks in your company in a logical manner. Once you’ve carried out your risk assessments, you need to put in place a system to control these risks and thereby ensure you take all necessary precautions so far as is reasonably practical.

PAVY Ltd can help you understand and manage your risks, and make sure that you operate within the current regulations.