1. Risk Identification: Identify potential hazards and threats that may lead to harm, injuries, or losses. This involves gathering information about the work environment, processes, equipment, and any other relevant factors that could contribute to risk.
2. Risk Analysis: Evaluate the identified hazards and risks to determine their likelihood and severity. This step involves assessing the probability of occurrence of a hazard and the potential consequences if it materializes. Various risk analysis techniques, such as qualitative risk assessment, quantitative risk assessment, or scenario-based analysis, can be used to evaluate risks.
3. Risk Control: Develop and implement measures to mitigate or eliminate identified risks. This might include implementing engineering controls, administrative controls, or a combination of both. Engineering controls involve physical modifications or changes to the work environment or equipment to reduce risk. Administrative controls include policies, procedures, training, and safe work practices to minimize the likelihood and severity of risks.