Risk Assessment Template Example (Page 4 of 4) in pdf

Definition for Risk Level

Guidance on necessary action and time scale:

Very low - These risks are considered acceptable. No further action is necessary other than to ensure that the controls

are maintained.

Low - No additional controls are required unless they can be implemented at very low cost (in terms of time, money, and

effort). Actions to further reduce these risks are assigned low priority. Arrangements should be made to ensure that the

controls are maintained.

Medium - Consideration should be as to whether the risks can be lowered, where applicable, to a tolerable level and

preferably to an acceptable level, but the costs of additional risk reduction measures should be taken into account. The

risk reduction measures should be implemented within a defined time period. Arrangements should be made to ensure

that controls are maintained, particularly if the risk levels area associated with harmful consequences.

High - Substantial efforts should be made to reduce the risk. Risk reduction measures should be implemented urgently

within a defined time period and it might be necessary to consider suspending or restricting the activity, or to apply interim

risk control measures, until this has been completed. Considerable resources might have to be allocated to additional

control measures. Arrangements should be made to ensure that controls are maintained, particularly if the risk levels are

associated with extremely harmful consequences and very harmful consequences.

Very high - These risks are unacceptable. Substantial improvements in risk control measures are necessary so that the

risk is reduced to a tolerable or acceptable level. The work activity should be halted until risk controls are implemented

that reduces the risk so that it is no longer very high. If it is not possible to reduce the risk, the work should remain

prohibited.

Example of Hazard Priority Setting

Unlikely - could

Very unlikely - could

Very likely - could

Likely - could

happen but very

happen but probably never

happen at any time

happen sometime

rarely

will>

Kill or cause permanent

disability or ill health

Long term illness or

serious injury

Medical attention and

several days off work

First aid needed

Risk Assessment Template Example Page 4