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Risk management planning: Five steps to take when you select the best risk control measures

by , 19 December 2013
Health and safety legislation is based on keeping employees safe at work and not endangering their health in any way. To do this, you need to implement appropriate risk control measures to reduce unacceptable risks to acceptable risks. Read on to discover the five steps you need to take when selecting risk control measures in your risk management plan.

As you know, you must do what's reasonably practicable to reduce the risks to an acceptable level. And this means you must implement the best risk control measures in your risk management plan.

Take these five steps when selecting risk control measures

The Health & Safety Advisor says you can apply the Pareto 80:20 principle to manage risk.

To put it plainly, this means that 20% of your hazards will make up 80% of your risks.

Step #1: Identify the hazards that make up the 80% of your risk and prioritise these for action.

Step #2: Analyse these risks and divide them into categories

  • Which risks will be easy to eliminate or reduce and give a quick but effective 'win' in risk reduction?
  • Which risks may need further investigation to establish what risk controls need to be implemented? Prioritise those with legal implications.
  • Which risks may be difficult or impossible to remove but could be controlled better? There may need to be capital expenditure or a longer term plan to implement.

Step #3: Apply the hierarchy of controls to each risk in each category. Note that you may need to apply more than 1 of the hierarchy of controls. Choose the most appropriate combinations to reduce risk to an acceptable level.

Step #4: Develop action plans to implement the improved risk control measures.

Your risk management plan should name the person responsible for carrying out the work needed to reduce the risk.

The action plan should also have a deadline for completion. The risk control measures implemented must be monitored to make sure the planned risk reduction does occur.

Well there you have it. Taking these five steps will help you select the best risk control measures in your risk management plan.

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