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Revealed: The benefits of doing risk assessments

by , 18 December 2013
You probably know that safety laws require you to conduct risk assessments. But, do you know the true benefit of conducting these assessments? Read on to find out...

You must conduct a Hazard Identification and Risk Assessment (HIRA) process in your company.


Conducting a hazard identification and risk assessment process will help you achieve the following:

Louise Harty of Risk Assessment: The 100% legally compliant risk assessment toolkit says risk assessments will help you:

  • Recognise and control hazards and exposures in your workplace.
  • Create awareness among employees. You can use it as a training tool as well.
  • Set risk management standards, based on acceptable safe practices and legal requirements.
  • Reduce incidents in your workplace.
  • •Save costs by being proactive instead of reactive.

Essentially, by identifying the risks, you'll be able to take preventative and precautionary measures to minimise or prevent any harm to your employees.

Remember, to effectively identify hazards and assess risks in the workplace, you'll need the assistance of all the employees working in the facility. One person can't have all the knowledge of the hazards and risks associated with all the processes and procedures performed in the facility; neither the health, safety and environment coordinator, nor risk manager can do this alone

In terms of the Occupational Health and Safety Act (OHSA), you and your employee are responsible for health and safety aspects on site.

Important: The process doesn't stop with the identification and assessment of hazards and risks.

Once you've completed the first part of the process, take risk management actions. Through awareness and training, you'll ensure compliance to risk management requirements and a high level of system effectiveness.

Ensure that you know the benefits of conducting a hazard identification and risk assessment process, and make sure you comply with the OHSA.

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