Risk Assessment & Risk Management: Duration 2 Days
Risk is like queering someone or something valued to an unknown or anticipated danger, harm, or loss. Even though there is no such universally accepted general definition of risk, but one commonly applied and authoritative resolution in most industrial contexts, defines risk as “A combination of the probability, or frequency, of occurrence of a defined hazard and the magnitude of the consequences of the occurrence.”
The Marine Risk Assessment Process:

  • Importance of risk assessment
  • Regulation
  • Aim/objective of risk assessment
  • Factors to be taken in account to carry out risk assessment
  • Management of risk assessment
  • Identification of hazards
  • Assessment of the risks concerned
  • Application of controls to reduce the risks
  • Monitoring of the effectiveness of the controls

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