Gerard Hand MSc CMIOSH MIIRSM VicePresident IOSH East

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Gerard Hand MSc CMIOSH MIIRSM Vice-President IOSH East Anglia Branch – 06. 05. 2011

Gerard Hand MSc CMIOSH MIIRSM Vice-President IOSH East Anglia Branch – 06. 05. 2011 “Sensible Risk Management – The Pragmatic Approach”

What is ‘Real’ Risk Two Types of Risk: § Pure Risk – These are

What is ‘Real’ Risk Two Types of Risk: § Pure Risk – These are risks that can only have a negative outcome and give rise to losses of some kind § Speculative Risk – These are risks that can have both positive and negative outcomes, producing gains as well as losses, e. g. investing in the stock market Health and safety tends to be exclusively Pure Risks e. g. they lead to accidents, fires or damage

Risk Assessment § Identifying the hazard, the hazardous event , the likelihood of the

Risk Assessment § Identifying the hazard, the hazardous event , the likelihood of the hazardous event occurring and what the consequence would be. § Assessing the acceptability or unacceptability of the risk § Implementing control measures to mitigate the risk as appropriate

HSE – Five Steps to RA • Step 1 Identify the hazards • Step

HSE – Five Steps to RA • Step 1 Identify the hazards • Step 2 Decide who might be harmed and how • Step 3 Evaluate the risks and decide on precautions • Step 4 Record your findings and implement them • Step 5 Review your assessment and update if necessary

IOSH Managing Safely make a list of the work tasks that are your responsibility

IOSH Managing Safely make a list of the work tasks that are your responsibility identify the risks - what are the hazards, who might be harmed and how? estimate the risk evaluate the risk record your findings review your findings.

Evaluate the risks and decide on precautions FORESEEABLE or WORSE CASE SCENARIO?

Evaluate the risks and decide on precautions FORESEEABLE or WORSE CASE SCENARIO?

How do we Assess? Need to know what is meant by: § Hazard /

How do we Assess? Need to know what is meant by: § Hazard / Consequence § Risk Control

Risk = Hazard / Consequence X Likelihood

Risk = Hazard / Consequence X Likelihood

BUT – You might die? ? ? ?

BUT – You might die? ? ? ?

East Anglia Branch - Handicap Hurdle Horse One Form P. U

East Anglia Branch - Handicap Hurdle Horse One Form P. U

Horse Two Form P. 0. 0. P.

Horse Two Form P. 0. 0. P.

Horse Three Form 1. 2. 3. 0

Horse Three Form 1. 2. 3. 0

Horse Four Form 3. 2. 1. 2.

Horse Four Form 3. 2. 1. 2.

Horse Five Form 1. 1.

Horse Five Form 1. 1.

Normal Expectation for Horse 1

Normal Expectation for Horse 1

Normal Expectation for Horse 5

Normal Expectation for Horse 5

But Sometimes? ? ? – The Result § 1 st § 2 nd -

But Sometimes? ? ? – The Result § 1 st § 2 nd - Horse Number One 200/1 Horse Number Five 2/1 fav

Always Bet on the Favourite § Risk Assessments should mirror the obvious choice. §

Always Bet on the Favourite § Risk Assessments should mirror the obvious choice. § No legal expectations to expect the unforeseeable

THANK YOU

THANK YOU