Episode 94 5 x 5 Risk Assessment Matrix

Описание: • Topic: This episode introduces and explains the 5 x 5 Risk Assessment Matrix, a structured method for assessing risks in occupational safety.
• How It Works:
o The matrix uses five levels of likelihood (from rare to almost certain).
o It also uses five levels of severity (from negligible to catastrophic).
o Multiplying these values gives a risk score that helps safety leaders decide which hazards require immediate attention.
• Purpose: Provides a visual and systematic way to prioritize risks, ensuring that resources are directed toward the most critical safety issues.
• Application: Commonly used in safety programs to evaluate hazards such as chemical exposure, equipment failure, or unsafe behaviors.
-Why It Matters for Safety Leadership
• Clarity in decision-making: Leaders can quickly identify which risks are unacceptable and need urgent mitigation.
• Consistency: The matrix standardizes risk evaluation across teams, reducing subjective judgment.
• Communication: It’s a simple visual tool that helps explain risk levels to employees, executives, and regulators.
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