SlideShare a Scribd company logo
1 of 11
RISK
MANAGEMENT
Sajedah
abukhdeir
RISK MANAGEMENT
DEFINITION
risk management is defined as the process of
identifying, monitoring and managing
potential risks in order to minimize the
negative impact they may have on an
organization. Examples of potential risks
include security breaches, data loss,
cyberattacks, system failures and natural
disasters
RISK ASSESSMENT?
A Risk Assessment is simply a careful
examination of what, in your work, could
cause harm to people, so that you can weigh
up whether you have taken enough
precautions or should do more to prevent
harm.
(Source – Health and Safety Executive HSE)
ANOTHER DEFINITION
Risk assessment is a term used to describe the
overall process or method where you: Identify
hazards and risk factors that have the potential
to cause harm (hazard identification). Analyze
and evaluate the risk associated with that hazard
(risk analysis, and risk evaluation)
FIVE STEPS TO RISK
ASSESSMENT
tep 1: Identify hazards, i.e. anything that may
cause harm. ...
Step 2: Decide who may be harmed, and how.
...
Step 3: Assess the risks and take action. ...
Step 4: Make a record of the findings. ...
Step 5: Review the risk assessment.
TYPES OF RISK
ASSESSMENTS
Qualitative: Object probability estimate based upon
known risk information applied the circumstances being
considered.
Quantitative: This type is subjective, based upon
personal judgement backed by generalised data risk.
WHO IS RESPONSIBLE FOR DOING
THE RISK ASSESSMENTS ?
Your Organisations health and Safety policy will
outline who is responsible for completing the
risk assessments.
In a school the overall responsibility for
ensuring risk assessments are completed is that
of the Headteacher and Governing Body.
However Heads of individual departments will
most likely be responsible for ensuring that all
reasonably foreseeable significant risks are
assessed and managed effectively. There will
also be a line of accountability to the
Headteacher and Governing Body outlined in the
policy.
RISK ASSESSMENT
RISK CONTROL DEFINITION
are actions taken to eliminate, prevent or
reduce the occurrence of a hazard that you
have identified. By adopting risk control
measures, you are aiming to reduce the risks
to health and safety so far as is reasonably
practicable
RISK CONTROL
REFERENCE
Model risk assessments available from RMBC intranet /
RGFL
Guidance such as CLEAPSS, AfPE etc
HSE guidance
School policies and procedures
Google

More Related Content

What's hot

Risk Management Process
Risk Management ProcessRisk Management Process
Risk Management Process
no suhaila
 
Risk assessment presentation
Risk assessment presentationRisk assessment presentation
Risk assessment presentation
mmagario
 
Session 6 Power Point
Session 6   Power PointSession 6   Power Point
Session 6 Power Point
hiratufail
 
Torc Thumbnail 3 Risk Matrix
Torc Thumbnail 3   Risk MatrixTorc Thumbnail 3   Risk Matrix
Torc Thumbnail 3 Risk Matrix
Tom O'Connor
 

What's hot (20)

Risk Management Process
Risk Management ProcessRisk Management Process
Risk Management Process
 
Risk assessment presentation
Risk assessment presentationRisk assessment presentation
Risk assessment presentation
 
Session 6 Power Point
Session 6   Power PointSession 6   Power Point
Session 6 Power Point
 
Risk
RiskRisk
Risk
 
Risk evaluation
Risk evaluationRisk evaluation
Risk evaluation
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Risk assessment principles and guidelines
Risk assessment principles and guidelinesRisk assessment principles and guidelines
Risk assessment principles and guidelines
 
Torc Thumbnail 3 Risk Matrix
Torc Thumbnail 3   Risk MatrixTorc Thumbnail 3   Risk Matrix
Torc Thumbnail 3 Risk Matrix
 
Understanding risk analysis and risk management with net zealous llc services...
Understanding risk analysis and risk management with net zealous llc services...Understanding risk analysis and risk management with net zealous llc services...
Understanding risk analysis and risk management with net zealous llc services...
 
Quantitative Techniques and Concepts in Finance
Quantitative Techniques and Concepts in FinanceQuantitative Techniques and Concepts in Finance
Quantitative Techniques and Concepts in Finance
 
Risk management process
Risk management processRisk management process
Risk management process
 
The four phase
The four phaseThe four phase
The four phase
 
Risk management topik1
Risk management topik1Risk management topik1
Risk management topik1
 
Risk Assessment and Risk Assessment Matrix Presentation
Risk Assessment and Risk Assessment Matrix PresentationRisk Assessment and Risk Assessment Matrix Presentation
Risk Assessment and Risk Assessment Matrix Presentation
 
Risk Assessment
Risk AssessmentRisk Assessment
Risk Assessment
 
Risk management presentation
Risk management presentationRisk management presentation
Risk management presentation
 
Risk managment
Risk managmentRisk managment
Risk managment
 
Risk Analysis for Dummies
Risk Analysis for DummiesRisk Analysis for Dummies
Risk Analysis for Dummies
 
Safety Management Techniques
Safety Management TechniquesSafety Management Techniques
Safety Management Techniques
 
BCS ITNow 201603 - Cyber Response
BCS ITNow 201603 - Cyber ResponseBCS ITNow 201603 - Cyber Response
BCS ITNow 201603 - Cyber Response
 

Similar to Risk management

AbstractKey FeaturesAssessmentIntroductionMeasur.docx
AbstractKey FeaturesAssessmentIntroductionMeasur.docxAbstractKey FeaturesAssessmentIntroductionMeasur.docx
AbstractKey FeaturesAssessmentIntroductionMeasur.docx
ransayo
 
HSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.pptHSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.ppt
GkMechanical
 

Similar to Risk management (20)

RISK MANAGEMENT.pptx
RISK MANAGEMENT.pptxRISK MANAGEMENT.pptx
RISK MANAGEMENT.pptx
 
Safety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety AnalysisSafety training: Risk Assessment & Job Safety Analysis
Safety training: Risk Assessment & Job Safety Analysis
 
Risk-Analysis-Power-Point.pptx
Risk-Analysis-Power-Point.pptxRisk-Analysis-Power-Point.pptx
Risk-Analysis-Power-Point.pptx
 
Risk-Analysis-Power-Point.pptx
Risk-Analysis-Power-Point.pptxRisk-Analysis-Power-Point.pptx
Risk-Analysis-Power-Point.pptx
 
Risk-Analysis-Power-Point (2).pptx
Risk-Analysis-Power-Point (2).pptxRisk-Analysis-Power-Point (2).pptx
Risk-Analysis-Power-Point (2).pptx
 
AbstractKey FeaturesAssessmentIntroductionMeasur.docx
AbstractKey FeaturesAssessmentIntroductionMeasur.docxAbstractKey FeaturesAssessmentIntroductionMeasur.docx
AbstractKey FeaturesAssessmentIntroductionMeasur.docx
 
Management Of Health And Safety NHS Royal Bath
Management Of Health And Safety NHS Royal BathManagement Of Health And Safety NHS Royal Bath
Management Of Health And Safety NHS Royal Bath
 
RiskAssesment.ppt
RiskAssesment.pptRiskAssesment.ppt
RiskAssesment.ppt
 
HSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.pptHSE-BMS-006 Risk Assessment & JSA.ppt
HSE-BMS-006 Risk Assessment & JSA.ppt
 
risk_assessment_presentation.pdf
risk_assessment_presentation.pdfrisk_assessment_presentation.pdf
risk_assessment_presentation.pdf
 
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.pptHIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
HIGH-Risk-Sport-and-Society-Health-and-safety-session.ppt
 
CHAPTER -1 INTRODUCTION to risk_assessment.ppt
CHAPTER -1 INTRODUCTION to risk_assessment.pptCHAPTER -1 INTRODUCTION to risk_assessment.ppt
CHAPTER -1 INTRODUCTION to risk_assessment.ppt
 
INTRODUCTION to risk_assessment.ppt
INTRODUCTION to risk_assessment.pptINTRODUCTION to risk_assessment.ppt
INTRODUCTION to risk_assessment.ppt
 
risk assessment
risk assessmentrisk assessment
risk assessment
 
Risk management osh
Risk management oshRisk management osh
Risk management osh
 
RISK MANAGMENT.pdf
RISK MANAGMENT.pdfRISK MANAGMENT.pdf
RISK MANAGMENT.pdf
 
Risk Assessment and Job Safety Analysis
Risk Assessment and Job Safety AnalysisRisk Assessment and Job Safety Analysis
Risk Assessment and Job Safety Analysis
 
Risk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RARisk Assessment & Job Safety Analysis | JSA | RA
Risk Assessment & Job Safety Analysis | JSA | RA
 
Risk Management (1) (1).ppt
Risk Management (1) (1).pptRisk Management (1) (1).ppt
Risk Management (1) (1).ppt
 
Risk Assessment.pptx
Risk Assessment.pptxRisk Assessment.pptx
Risk Assessment.pptx
 

Recently uploaded

%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
masabamasaba
 
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
VictoriaMetrics
 
The title is not connected to what is inside
The title is not connected to what is insideThe title is not connected to what is inside
The title is not connected to what is inside
shinachiaurasa2
 

Recently uploaded (20)

Microsoft AI Transformation Partner Playbook.pdf
Microsoft AI Transformation Partner Playbook.pdfMicrosoft AI Transformation Partner Playbook.pdf
Microsoft AI Transformation Partner Playbook.pdf
 
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
%+27788225528 love spells in Boston Psychic Readings, Attraction spells,Bring...
 
8257 interfacing 2 in microprocessor for btech students
8257 interfacing 2 in microprocessor for btech students8257 interfacing 2 in microprocessor for btech students
8257 interfacing 2 in microprocessor for btech students
 
Devoxx UK 2024 - Going serverless with Quarkus, GraalVM native images and AWS...
Devoxx UK 2024 - Going serverless with Quarkus, GraalVM native images and AWS...Devoxx UK 2024 - Going serverless with Quarkus, GraalVM native images and AWS...
Devoxx UK 2024 - Going serverless with Quarkus, GraalVM native images and AWS...
 
WSO2CON2024 - It's time to go Platformless
WSO2CON2024 - It's time to go PlatformlessWSO2CON2024 - It's time to go Platformless
WSO2CON2024 - It's time to go Platformless
 
%in tembisa+277-882-255-28 abortion pills for sale in tembisa
%in tembisa+277-882-255-28 abortion pills for sale in tembisa%in tembisa+277-882-255-28 abortion pills for sale in tembisa
%in tembisa+277-882-255-28 abortion pills for sale in tembisa
 
%in kempton park+277-882-255-28 abortion pills for sale in kempton park
%in kempton park+277-882-255-28 abortion pills for sale in kempton park %in kempton park+277-882-255-28 abortion pills for sale in kempton park
%in kempton park+277-882-255-28 abortion pills for sale in kempton park
 
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
Large-scale Logging Made Easy: Meetup at Deutsche Bank 2024
 
Architecture decision records - How not to get lost in the past
Architecture decision records - How not to get lost in the pastArchitecture decision records - How not to get lost in the past
Architecture decision records - How not to get lost in the past
 
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) SolutionIntroducing Microsoft’s new Enterprise Work Management (EWM) Solution
Introducing Microsoft’s new Enterprise Work Management (EWM) Solution
 
WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?WSO2CON 2024 - Does Open Source Still Matter?
WSO2CON 2024 - Does Open Source Still Matter?
 
Right Money Management App For Your Financial Goals
Right Money Management App For Your Financial GoalsRight Money Management App For Your Financial Goals
Right Money Management App For Your Financial Goals
 
Software Quality Assurance Interview Questions
Software Quality Assurance Interview QuestionsSoftware Quality Assurance Interview Questions
Software Quality Assurance Interview Questions
 
%in Harare+277-882-255-28 abortion pills for sale in Harare
%in Harare+277-882-255-28 abortion pills for sale in Harare%in Harare+277-882-255-28 abortion pills for sale in Harare
%in Harare+277-882-255-28 abortion pills for sale in Harare
 
The title is not connected to what is inside
The title is not connected to what is insideThe title is not connected to what is inside
The title is not connected to what is inside
 
AI & Machine Learning Presentation Template
AI & Machine Learning Presentation TemplateAI & Machine Learning Presentation Template
AI & Machine Learning Presentation Template
 
Harnessing ChatGPT - Elevating Productivity in Today's Agile Environment
Harnessing ChatGPT  - Elevating Productivity in Today's Agile EnvironmentHarnessing ChatGPT  - Elevating Productivity in Today's Agile Environment
Harnessing ChatGPT - Elevating Productivity in Today's Agile Environment
 
WSO2Con2024 - From Code To Cloud: Fast Track Your Cloud Native Journey with C...
WSO2Con2024 - From Code To Cloud: Fast Track Your Cloud Native Journey with C...WSO2Con2024 - From Code To Cloud: Fast Track Your Cloud Native Journey with C...
WSO2Con2024 - From Code To Cloud: Fast Track Your Cloud Native Journey with C...
 
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
WSO2CON 2024 - Cloud Native Middleware: Domain-Driven Design, Cell-Based Arch...
 
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
Crypto Cloud Review - How To Earn Up To $500 Per DAY Of Bitcoin 100% On AutoP...
 

Risk management

  • 2. RISK MANAGEMENT DEFINITION risk management is defined as the process of identifying, monitoring and managing potential risks in order to minimize the negative impact they may have on an organization. Examples of potential risks include security breaches, data loss, cyberattacks, system failures and natural disasters
  • 3. RISK ASSESSMENT? A Risk Assessment is simply a careful examination of what, in your work, could cause harm to people, so that you can weigh up whether you have taken enough precautions or should do more to prevent harm. (Source – Health and Safety Executive HSE)
  • 4. ANOTHER DEFINITION Risk assessment is a term used to describe the overall process or method where you: Identify hazards and risk factors that have the potential to cause harm (hazard identification). Analyze and evaluate the risk associated with that hazard (risk analysis, and risk evaluation)
  • 5. FIVE STEPS TO RISK ASSESSMENT tep 1: Identify hazards, i.e. anything that may cause harm. ... Step 2: Decide who may be harmed, and how. ... Step 3: Assess the risks and take action. ... Step 4: Make a record of the findings. ... Step 5: Review the risk assessment.
  • 6. TYPES OF RISK ASSESSMENTS Qualitative: Object probability estimate based upon known risk information applied the circumstances being considered. Quantitative: This type is subjective, based upon personal judgement backed by generalised data risk.
  • 7. WHO IS RESPONSIBLE FOR DOING THE RISK ASSESSMENTS ? Your Organisations health and Safety policy will outline who is responsible for completing the risk assessments. In a school the overall responsibility for ensuring risk assessments are completed is that of the Headteacher and Governing Body. However Heads of individual departments will most likely be responsible for ensuring that all reasonably foreseeable significant risks are assessed and managed effectively. There will also be a line of accountability to the Headteacher and Governing Body outlined in the policy.
  • 9. RISK CONTROL DEFINITION are actions taken to eliminate, prevent or reduce the occurrence of a hazard that you have identified. By adopting risk control measures, you are aiming to reduce the risks to health and safety so far as is reasonably practicable
  • 11. REFERENCE Model risk assessments available from RMBC intranet / RGFL Guidance such as CLEAPSS, AfPE etc HSE guidance School policies and procedures Google