Risk Assessment Template

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Published 08/10/2022

Risk Assessment Template

A risk assessment template is typically a tool used in the workplace to identify and control risks. Before starting any business, you need to identify all potential risks the company may face and analyze to get a solution for evading them. Risk assessment is a broad field that involves identifying and analyzing possible factors in internal and external environments that may negatively impact a business or individual.

Basing arguments on the analysis results, the risk management team, with the assistance of general management, makes decisions on preventing the risk from occurring. Where the risk cannot be eliminated, the risk management team finds a solution to controlling the threat once it has happened. Risk management in the workplace aids the business in mitigating potential risks, thus minimizing maintenance costs. See more on a sample risk assessment overview and guide.

Components of a risk assessment template

1. Hazard identification
The risk assessment team gathers the required data for the risk assessment process. The data is collected from the internal and external environment and then analyzed. The identified hazards are represented on a scale, and the possible victims are identified. The risks are evaluated to check whether the existing precautions are sufficient or further measures are needed.

2. Dose-response evaluation
Dose-response is the relationship between the hazard and the potential adverse effects on human beings. In this case, the dose is the exposure, while the response is the negative impacts on humans. The evaluation of dose-response gives an estimate of health risk. Dose-risk assessments involve:

- Gathering and compiling dose-response data from the environment.
- Evaluating the most serious health effects.
- Suggesting safe human exposure.
- Human exposure evaluation

The extent of the adverse effects to humans is evaluated, and possible solutions determined. The processes involved when executing duties, movement of machines, exposure to arrays and chemicals, and emissions are identified to estimate the dose to which humans are exposed.

3. Risk characterization
Risks are characterized depending on the rate of occurrence and the extent of severity to humans. Risk assessment examines the probability of risk occurrence and the adverse effects on human beings and the environment.

The characterization depends on hazard identification, exposure assessment, dose-response evaluation, and human exposure evaluation.

Importance of risk assessment

I. Recognize and control risks
Some risks are hard to recognize until they happen and employing a risk assessment team to carry out an assessment is crucial. Risks are identified at early stages, and means to mitigate them are implemented. For risks beyond control, employees are made aware and mean to rectify them put in place.

II. Create awareness
Employees are made aware of potential risks that may happen while they are executing their duties. The awareness is good because employees already know what to do if they happen, and they will not cause a commotion.

III. Set standards
Since the risks are identified, and everyone is aware of their occurrence, the company sets risk management standards. The standards are based on the government regulations, health and safety agreed by the affected workforce.

IV. Training
The employees are aware of the risks, so they will be careful when handling equipment and machines. The risk assessment template helps the management plan for training employees on how to handle imminence machines. The training involves handling devices, perilous working environments, and how to handle accidents whenever they occur.

V. Helps in maintenance
Some of the risks resulting from blemished apparatus, and by risk assessment, they are identified, and maintenance of the affected part revamped. The risk assessment helps safeguard employees and saves the company on earnest maintenance and buying new equipment.

VI. Employee health and fitness guaranteed.
Employees are assured of safety while executing their duties, thus maintaining their health. When employees are not exposed to hazards like chemical emissions, they remain healthy, increasing production.

Some of the typical workplace risks include:

- Exposure to noise, smoke, and emissions
- Turning parts of machines
- Injuries and burns
- Unhygienic environment
- Insufficient room ventilation
- Electric shock
- Fire exit
- Exposure to chemicals

For instance, a manager is carrying out a risk assessment in an underground gold mine. All the drillers use jackhammers, and after several years, multiple drillers develop lung complications. So, the owner realizes their safety and health practices need improvement. The hazards are identified, such as heat, vibrations, and lack of oxygen. About 20 drillers are at risk of exposure to dust and blasting rocks. The risk is evaluated, and necessary actions are taken to reduce it, including installing ventilation systems, extra training, and provision of personal protective equipment.

Risk assessment in the workplace is crucial because employees are made aware of the possible risks that might occur while on duty. Furthermore, they will improve the production rate because they already know weak areas.

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