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Risk & Hazard #1
| Term | Definition |
|---|---|
| Hazard | A condition that can cause injury, illness, death, or loss of property |
| Hazard Categories | Biological, mechanical, acceleration(de), materials/substances, energy, work conditions, and structural conditions |
| Mechanical Hazard | crushing, ejection, flexture, friction, misalignment, pinch points, rotation, sharp edges, and vibration |
| Biological Hazard | viruses, bacteria, fungi, prions, allergens |
| Risk Equation | Probability x serverity of outcome |
| Accident vs Incident | Incident = could have caused loss but didn't Accident = caused loss/injury |
| Types of Loss | Property damage, injury, death, downtime, finantial, reputation |
| Safety | relative freedom from danger, risk, or some type of threat |
| Severity | degree of the loss |
| Exposure | proximity to a hazard |
| Risk Tolerance | Acceptable level of risk selected |
| Mitigation | An action or feature to reduce risk |
| Hazard Analysis | Identifying and studying sources of danger |
| Risk Analysis | Evaluating severity and frecuency of hazards |
| Risk Management | Monitoring and maintaining hazards at an acceptable risk level |
| Steps for Hazard Analysis | Identify risk tolerance Hazard assesement Evaluate Severity and Exposure Assign Risk Level (risk assessment matrix) Design Mitigation Repeat |
| Harzard Analysis Report | Severity and exposure evaluation Risk assessment matrix List of hazards, initial risk level, mitogation, and final risk level |