, 1. Identify reasons why risk analysis is considered by health and safety
organisations. (10)
Risk analysis is a crucial component for health and safety organizations due to various
reasons, encompassing both internal and external factors. Here are ten reasons why
risk analysis is considered:
1. Compliance with Company Policy (Internal): Organizations establish policies to
ensure the safety and well-being of their employees and stakeholders. Risk
analysis helps in aligning processes with these policies, ensuring adherence to
internal safety standards.
2. Adherence to Industry Standards (External): Many industries have specific safety
standards and guidelines. Conducting risk analysis allows organizations to
evaluate their processes against these external benchmarks and make
necessary adjustments to meet industry best practices.
3. Community Relations (External): Companies often operate within communities,
and their activities can impact the local population. Engaging in risk analysis
helps organizations identify potential hazards and risks that may affect the
community, contributing to positive community relations.
4. Change in Processes (Internal): When companies introduce new processes or
modify existing ones, they inherently introduce new elements of risk. Risk
analysis is essential during such changes to identify, evaluate, and mitigate
potential hazards associated with the altered processes.
5. Change in Hazard Awareness (Internal): As the understanding of hazards
evolves, organizations must update their risk assessments accordingly. Regular
risk analysis ensures that organizations remain aware of changing hazards and
can take proactive measures to mitigate associated risks.
6. Accidents/Near Misses (Internal/External): Learning from past incidents is critical
for preventing future accidents. Internal accidents and near misses provide
valuable data for risk analysis, helping organizations identify weak points and
vulnerabilities in their systems.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lwazimthembu10. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.