What is a risk assessment (2024)

Why are risk assessments important?

A risk assessment is a vital element for health and safety management and its main objective is to determine the measures required to comply with statutory duty under the Health and Safety at Work Act 1974 and associated regulations by reducing the level of incidents/accidents. It looks at what might cause harm and what is needed to avoid it, and assesses the effectiveness of any control measures in place. Extra control measures can then be used on the basis that they are “reasonably practicable”.

Who can do a risk assessment?

As an employer, you need to appoint someone competent to help you meet your health and safety duties. According to HSE, a competent person is “someone with the necessary skills, knowledge and experience to manage health and safety”.
Any of the following can be appointed to do the risk assessments:

If you decide to carry out the risk assessments yourself or nominate someone in your organisation, you might decide to get some risk assessment training as it will then ensure that this person is competent and will gain abilities to identify hazards and categorise/evaluate risks. These abilities will allow a “suitable and sufficient” risk assessment to be conducted within your own organisation.

When should risk assessments be done?

You are probably already taking steps to protect your employees, but your risk assessment will help you decide whether you have covered all you need to. Start by using the five steps below, review any risk assessments you already have on an ongoing basis and always assess risks if new machines, substances or procedures are brought in.

How to do a risk assessment

There are no fixed rules on how a risk assessment should be carried out, but there are a few general principles that should be followed.
These Five steps to risk assessment can be followed to ensure that your risk assessment is carried out correctly:

  1. Identify the hazards
  2. Decide who might be harmed and how
  3. Evaluate the risks and decide on control measures
  4. Record your findings and implement them
  5. Review your assessment and update if necessary.

Steps 1 and 2

Step 1: Identify the hazards
In order to identify hazards, you need to understand the difference between a “hazard” and “risk”. A hazard is “something with the potential to cause harm” and a risk is “the likelihood of that potential harm being realised”.
Hazards can be identified by using a number of different techniques, such as walking round the workplace or asking your employees.

Step 2: Decide who might be harmed and how
Once you have identified a number of hazards, you need to understand who might be harmed and how, such as “people working in the warehouse” or “members of the public”.

Steps 3 - 5

Step 3: Evaluate the risks and decide on control measures
After identifying the hazards and deciding who might be harmed and how, you are then required to protect people from harm. The hazards can either be removed completely or the risks controlled, so that an injury is unlikely.

Step 4: Record your findings
Your findings should be written down, which is a legal requirement where there are five or more employees, and by recording the findings you are showing that you have identified the hazards, decided who could be harmed and how you plan to eliminate the risks and hazards.

Step 5: Review your assessment and update as and when necessary
You should never forget that few workplaces stay the same and as a result this risk assessment should be reviewed and updated when required.

Risk assessment forms and templates

One size does not fit all when it comes to risk assessments, as each organisation’s activities and risks will differ. Organisations need to understand the importance of tailoring risk assessments to match their risk profile in order to ensure that all affected personnel and activities are covered.

HSE’s website has some good risk assessment examples. However, please remember that simply copying the template and putting your company name on it will not be enough to fulfil your legal duty. Every business is unique and consequently faces a unique set of risks and hazards, so each organisation needs to understandthe actual risk assessments that have been carried out.

As HSE points out:

“Even where the hazards are the same, the control measures you adopt may have to be different from those in the examples to meet the particular conditions in your workplace.”

What is a risk assessment (2024)

FAQs

What is a risk assessment? ›

A risk assessment is a systematic process used to identify potential hazards and risks in a situation, then analyze what would happen should these hazards take place.

What is a risk assessment answer? ›

A risk assessment is simply a careful examination of what, in your work, could cause harm to people, so that you can weigh up whether you have taken enough precautions or should do more to prevent harm. Workers and others have a right to be protected from harm caused by a failure to take reasonable control measures.

What best describes a risk assessment? ›

Risk assessment is the process of identifying hazards that could negatively affect an organization's ability to conduct business. These assessments help identify inherent business risks and prompt measures, processes and controls to reduce the impact of these risks on business operations.

What is a risk assessment quizlet? ›

Risk Assessment (definition) • Process in which information is analyzed to determine if a hazard may cause harm. • Goal: to provide the best possible characterization of risk based upon a rigorous evalua-tion of available information and knowledge.

What is the best way to describe a risk assessment? ›

A risk assessment involves looking at what could happen if someone is exposed to a hazard and the likelihood of it happening.

What is a risk short answer? ›

A risk is the chance of something happening that will have a negative effect. The level of risk reflects: the likelihood of the unwanted event. the potential consequences of the unwanted event.

What is the risk assessment in short? ›

A risk assessment is a process used to identify potential hazards and analyze what could happen if a disaster or hazard occurs. There are numerous hazards to consider, and each hazard could have many possible scenarios happening within or because of it. Use the Risk Assessment Tool to complete your risk assessment.

What do you say in a risk assessment? ›

You can use a risk assessment template to help you keep a simple record of:
  • who might be harmed and how.
  • what you're already doing to control the risks.
  • what further action you need to take to control the risks.
  • who needs to carry out the action.
  • when the action is needed by.
Jun 10, 2024

What does risk assessment ask in simple terms? ›

During the risk assessment process, employers review and evaluate their organizations to: Identify processes and situations that may cause harm, particularly to people (hazard identification). Determine how likely it is that each hazard will occur and how severe the consequences would be (risk analysis and evaluation).

What is a risk assessment for dummies? ›

It looks at what might cause harm and what is needed to avoid it, and assesses the effectiveness of any control measures in place. Extra control measures can then be used on the basis that they are “reasonably practicable”.

What is test risk assessment? ›

About Risk Tests

Risk tests help organizations reduce risk by identifying the job candidates who are most likely to be conscientious, reliable, and able to follow rules and safety procedures. Risk tests can assess different qualities. For example, risk tests can measure a person's integrity and rule adherence.

What is risk assessment and risk response? ›

The purpose of a risk analysis is to develop an understanding of the risk in order to inform your decision or analysis of whether a response is required. Here is where you will assess the potential impact and likelihood of the risks, as well as the immediacy of the risk so you can prioritize any responses.

How is risk assessment best described? ›

A risk assessment is the process of identifying what hazards exist, or may appear in the workplace, how they may cause harm and to take steps to minimise harm.

What is the main objective of risk assessment? ›

What is the goal of risk assessment? The aim of the risk assessment process is to evaluate hazards, then remove that hazard or minimize the level of its risk by adding control measures, as necessary. By doing so, you have created a safer and healthier workplace.

Which is the most accurate definition of a risk assessment? ›

Risk assessment is a general term used across many industries to determine the likelihood of loss on an asset, loan, or investment. Assessing risk is essential for determining how worthwhile a specific investment is and the best process(es) to mitigate risk.

How do you answer a risk assessment form? ›

The five steps to risk assessment
  1. Step 1: identify the hazards. ...
  2. Step 2: decide who may be harmed and how. ...
  3. Step 3: evaluate the risks and decide on control measures. ...
  4. Step 4: record your findings. ...
  5. Step 5: review the risk assessment.
Sep 12, 2019

How to fill out a risk assessment form? ›

What should be covered in a basic Risk Assessment? 5 Steps to Risk Assessment
  1. identify the hazards.
  2. decide who may be harmed and how.
  3. evaluate the risks and decide on control measures.
  4. record your findings.
  5. review the risk assessment.
Aug 25, 2023

What is a risk assessment interview? ›

Risk Management interviews are designed to probe not only your technical knowledge but also your ability to anticipate, mitigate, and communicate risks. The questions you'll face are crafted to uncover your expertise in identifying potential threats and your effectiveness in dealing with them.

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