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Risk is defined as an event that has a probability of occurring, and could have either a positive or negative impact to a project should that risk occur. A risk may have one or more causes and, if it occurs, one or more impacts. For example, a cause may be requiring an environmental permit to do work, or having limited personnel assigned to design the project. The risk event is that the permitting agency may take longer than planned to issue a permit, or the assigned personnel available and assigned may not be adequate for the activity. If either of these uncertain events occurs, there may be an impact on the project cost, schedule or performance. All projects assume some element of risk, and it’s through risk management where tools and techniques are applied to monitor and track those events that have the potential to impact the outcome of a project.

Risk management is an ongoing process that continues through the life of a project. It includes processes for risk management planning, identification, analysis, monitoring and control. Many of these processes are updated throughout the project lifecycle as new risks can be identified at any time. It’s the objective of risk management to decrease the probability and impact of events adverse to the project. On the other hand, any event that could have a positive impact should be exploited.

The identification of risk normally starts before the project is initiated, and the number of risks increase as the project matures through the lifecycle. When a risk is identified, it’s first assessed to ascertain the probability of occurring, the degree of impact to the schedule, scope, cost, and quality, and then prioritized. Risk events may impact only one or while others may impact the project in multiple impact categories. The probability of occurrence, number of categories impacted and the degree (high, medium, low) to which they impact the project will be the basis for assigning the risk priority. All identifiable risks should be entered into a risk register, and documented as a risk statement.

As part of documenting a risk, two other important items need to be addressed.

The first is mitigation steps that can be taken to lessen the probability of the event occurring. The second is a contingency plan, or a series of activities that should take place either prior to, or when the event occurs. Mitigation actions frequently have a cost. Sometimes the cost of mitigating the risk can exceed the cost of assuming the risk and incurring the consequences. It is important to evaluate the probability and impact of each risk against the mitigation strategy cost before deciding to implement a contingency plan. Contingency plans implemented prior to the risk occurring are pre-emptive actions intended to reduce the impact or remove the risk in its entirety. Contingency plans implemented after a risk occurs can usually only lessen the impact.

Identifying and documenting events that pose a risk to the outcome of a project is just the first step. It is equally important to monitor all risks on a scheduled basis by a risk management team, and reported on in the project status report

 

Risk Management can be a complex topic, but at Vision Safety,we can assist you at all levels. Risk Management can be broken down into several layers:

  1. HAZID -  Hazard Identifaction, whch is a process to identify all high level hazards (the risks) within a given area (a project, a construction site etc). contrls ae then identified to mitigate these hazards to an acceptable level.The key partisipants at a Hazid are thesenior most memebers of the Project / Site team, together with their counterparts from affeced contractors.
  2. The Risk assessment -  JSA /JHA The Risk Assessment is subset of the Hazid. An individual line item from the Hazid is extracted and reviewed and where necssary further controls, or additional risks identified (and controlled through further mitigation). The partisipants in the risk assessment process would typically be ron line supervion and those controlling the affected work areas.
  3. Tool box talk -  At a tool box talk the risk assessment(s) for the work about to be performed will be reviewed ad discussed and any finl andents or changsmae. It is important that the risks and  controls identified are still valid. Th partisipans fo the tool box talks will be the workers performing the task and immidiate supervision.

By following this process, risk are understood and identified by all parties and the flow of information is clear.

Risk Maping

Risk Mapping is a process tool that originated within the oil idustry to provide a holistic appraoach to all risks within a project, operation or any specified working environment. Vision Safety can carry out your Risk Mapping and also teach you this new, simple  and exciting concept to visially capture and communcate existing (and controlled) risk within your orginisation.

 

Safety Observation Schemes

Safety Vision can provide Safety Obesvation Scheme, tailored to your business. We also provide the training required at every level within your orginisation and the ongoing support to ensure its success.

 

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Tool Box Talks

Holding tool box talk ( TBT)meetings is an excellent and quick way of increasing safety involvement and awareness at grass roots level. However, there are a few simple tips to follow if you want to use this tool effectively.

First of all toolbox meetings are usually run in small work groups by the supervisor, leading hand, team leader etc. of the group. The meetings are short, about 5 to 10 minutes, and informal.

The basic idea is to provide a direct method of communication and exchange of information between management, supervision and the shop floor with the purpose of improving safety and health by directly involving workers in issues that are important to them. Using tool box meetings is an ideal way to get employees involved in matters relating to their own safety, finding solutions to problems, as well as building a committed and productive team.

The name comes from the team gathering around a toolbox at a construction site for the talk, but these meetings can be held at any workplace; Vision Safety, can help you arrange TBTs and provide you with a portfolio of examples suitable for your workplace.

Hazid

HAZID is a high-level hazard identification technique commonly applied on an area-by-area basis to hazardous installations. It consists of a systematic identification of events that are potentially directly hazardous to personnel and can also include review of the possible causes and consequences.

 

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Job Safety Analysis

A job safety analysis (JSA) is a procedure which helps integrate accepted safety and health principles and practices into a particular task or job operation. In a JSA, each basic step of the job is to identify potential hazards and to recommend the safest way to do the job. Other terms used to describe this procedure are job hazard analysis (JHA) and job hazard breakdown.

 

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