The webinar will discuss the basic definition of risk, how it is measured and used to make decisions.
Item #: 758-001
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Understanding Risk
Hazard and risk are used interchangeably in everyday vocabulary. Nevertheless, it has proved useful to HSE to make a conceptual distinction between a ‘hazard’ and a ‘risk’ by describing a hazard as the potential for harm arising from an intrinsic property or
disposition of something to cause detriment, and risk as the chance that someone or something that is valued will be adversely affected in a stipulated way by the hazard.
Topics include
- Perception of Risk
- How risk is expressed
- Individual Risk
- Societal Risk
- Individual Risk Per Annum
- ALARP
Target Audience
Anyone
Prerequisite
None