Hazard & Risk Mitigation

304: Prioritize risks

The OHS professional prioritizes risk and opportunities in OHS, based on the wider impact on the organization in terms of probability, scale, significance, impact and distribution. They are able to explain a range of factors that can influence the perceptions of risk. By using risk prioritization methods they can inform action plans, control decisions and management strategies. They are able to create a business case to support proposed interventions. Competence entails the ability to use risk prioritization to develop complex risk control programmes and mitigation plans.

Prerequisite

None

References in Other Frameworks

BCRSP: HRIA5, HSM25, THSS9; IOSH: TC2

Understand and Remember

– Legislative and regulatory requirements for risk identification
– The purpose and application of tools and techniques for the prioritization of risks, such as:
– ALARA/ALARP
– Risk matrix
– Interpretation of statistical concepts:
– Probability, likelihood
– Quantitative and Qualitative measurements

Apply and Analyze

– Use tools and techniques to prioritize hazards and risks for correction, such as:
– “As low as reasonably achievable” principles (ALARA)
– Risk matrices
– Effectively communicate how the identified hazards and associated risks impact operational processes
– Correctly interpret risk prioritization metrics
– Provide corrective action recommendations based on risk reporting including:
– Risk assessment and profiling
– Predictive modelling
– Correctly interpret and apply procedures for risk reassessment

Evaluate and Create

– Evaluate the adequacy of existing risk prioritization and reassessment policies and procedures
– Identify areas of excellence
– Identify opportunities for improvement
– Develop action plans which align with business priorities for the minimization of risks
– Develop risk prioritization and reassessment policies and procedures

No results found.

Related Units of Competency

301 Demonstrate
Understanding of the psychological aspects of worker safety
303 Identify
Risks and use risk profiling tools

Prerequisites:
308 Monitor
And develop ongoing risk reporting processes

Prerequisites:
309 Provide
Recommendations for corrective action with supporting rationale