Risk management: hazards, causal factors, real/perceived/absolute risk and risk analysis plans

What this note covers

1. Hazard, risk and why the difference matters
2. Causal factors: environment, equipment and people
3. Real, perceived and absolute risk
4. Risk analysis: the likelihood-consequence matrix
5. Strategies: minimisation, prevention and management
6. Dynamic risk assessment and answering risk questions

6 sections · 10 key terms & formulas · 6 common mistakes