MSAC | SAFETY BLOG [Management Systems Audit Consultants]

  Continuous Risk assessment or the Pre-Work check list Likelihood: The possibility of something happening is the likelihood of it occurring. Consequence: It is a result or impact, usually undesirable or unpleasant. Matrix of risk: A risk matrix is a matrix used in risk assessment to describe the amount of risk by weighing the likelihood against the severity of the consequences. This is a basic approach for increasing risk visibility and assisting management decision making. ·     Continuous risk Assessment a re  carried out on a daily basis at the start of  every shift to identify possible hazards and risks and to deal with these prior to the commencement of tasks and thereafter on an on-going basis during th e shift