Module 3

Question 1

What is risk?

Answer 1

Likelihood x consequence

Question 2

How do you control risk?

Answer 2

Reduce the likelihood of the hazardous event

Reduce the consequence of the hazardous event

Reduce both likelihood and consequence

Question 3

How do we decide which risk control to use?

Answer 3

Hierarchy of risk control

Question 4

Categorise risk options

Answer 4

Eliminate the hazard

Reduce the hazard

Prevent people from coming into contact with the hazard

Safe systems of work

PPE

Question 5

How far do you need to go to reduce the risk?

Answer 5

So far as is reasonably practical

Question 6

How do you balance the risk?

Answer 6

Benefits of risk reduction

Against

Time, cost, effort and inconvenience