Calculation of Risk Severity.
In assessing a RISK you need to take into account two factors:
- How serious could an injury be?
- How likely is it to occur?
The following would be a rough guideline;
- High risk: A very serious injury that had a high probability of occurring
- Medium risk:
a.) A serious injury unlikely to occur.
b.) A lesser injury likely to occur.
- Low risk: Very little or no risk likely to occur.
If you take (1) above as a scale of 1 to 5 (5=high) (2) above as a scale of 1 to 5 (5=high) then multiply them together, this would give a scale as follows: