Risk Assessment

Risk Assessment

Risk assessment is an essential part of risk management, involving the evaluation and control of hazards or threats to an operation in order to prevent accidents and avoid uncertainties or mistakes. The systematic process first identifies anything that could cause injury or illness, before assigning the probability of someone being harmed and the degree of severity that may occur.

When carried out by a competent, trained person, this analysis can be used to determine any measures that need to be put in place to make the environment safer. This might involve communicating information about the hazard, controlling it, or even eliminating it altogether.

Risk Response and Rescue’s team of experienced, operational safety and emergency management professionals can work with you on hazard identification and risk assessment to embed high levels of safety capability in your organisation.

We provide the following specialist services:

  • TRAINING that makes your people and your operations safer.
  • ADVICE on building your operational capacity and reducing your risk.
  • PEOPLE who can provide the skilled services, extra capacity and expert advice you need.
  • EQUIPMENT that does what it is supposed to, when you need it, configured for best practice use.

Call us Now for your Free Risk Assessment Report: 02 4283 9300


What is Risk Assessment?

Risk assessment involves identifying all potential hazards and threats to your operation. The next step is to decide the extent of each risk and how likely it is to cause injury, illness or harm. This enables a Risk Management Plan to be designed detailing actions that will eliminate or reduce the hazard and control the risk.

There are three main types of Risk Assessment:

  1. Large scale Quantitative Risk Assessment (QRA)
  2. Specific required assessment eg. Working at Height Risk Assessment
  3. General risk assessment for legal Health &Safety requirements

A risk assessment is required for most operations and whenever new tools, equipment or processes are introduced. Assessment should be ongoing and must encompass any problems or concerns that are raised. The resulting analysis is then documented and regularly reviewed.

It is especially important to consult with health and safety representatives and personnel in the risk assessment process. Use their knowledge and experience to help identify hazards as well as to derive solutions for how to handle them with crisis management.

Identification of hazards helps determine sources of risk, as well as who is at risk and what controls are in place or are needed. The level of detail of the key risk assessment depends on the particular hazard and the data and resources available. In some cases, it may be a simple discussion whereas in others it will be necessary to use risk assessment tools and techniques or even to call in safety professionals or hazard identification and risk assessment consultants like our Team at Risk Response and Rescue.

Some techniques and tools used in the risk assessment process include:

Risk Analysis Template, Form or Table
Risk Matrix
Decision Tree
Failure Modes and Effects Analysis (FMEA)
Bowtie Model
What-If Analysis
Failure Tree Analysis
Hazard Operability Analysis

In the world of high-risk business and operations, a strong safety capability and culture doesn’t just save lives and limbs, it also delivers peace of mind. 


Let Risk Response and Rescue help make your risky operations safer. Call 02 4283 9300 now and ask about a Free Risk Assessment Report.