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The purpose of risk management is the creation and protection of value. It improves performance, encourages innovation and supports the achievement of objectives
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Risk Management & Safety Technologies

Effective risk management requires the follow principles:

a) Integrated

Risk management is an integral part of all organisational activities.

b) Structured and comprehensive

A structured and comprehensive approach to risk management contributes to consistent and comparable results.

c) Customised

The risk management framework and process are customised and proportionate to the organisation’s external and internal context related to its objectives.

d) Inclusive

Appropriate and timely involvement of stakeholders enables their knowledge, views and perceptions to be considered. This results in improved awareness and informed risk management.

e) Dynamic

Risks can emerge, change or disappear as an organisation’s external and internal context changes. Risk management anticipates, detects, acknowledges and responds to those changes and events in an appropriate and timely manner.

f) Best available information

The inputs to risk management are based on historical and current information, as well as on future expectations. Risk management explicitly takes into account any limitations and uncertainties associated with such information and expectations. Information should be timely, clear and available to relevant stakeholders.

g) Human and cultural factors

Human behaviour and culture significantly influence all aspects of risk management at each level and stage.

h) Continual improvement

CFSP offer risk assessment services and can support your process to reduce risk.

CFSP advocates a 5 step approach to risk assessments:

  1. Identify the hazards present (a hazard is anything with the potential to cause harm e.g. slippery floors, electrical equipment, lifting heavy objects, stress, machinery, fire etc.)
  2. Identify the people at risk from the hazards e.g. employees, contractors, visitors etc. Particularly vulnerable employees should also be considered e.g. young people and new/expectant mothers
  3. Evaluate the risk, taking into account the likelihood and severity of any accidents. Existing controls in place should be identified and evaluated
  4. Record the findings on a suitable form
  5. Review the risk assessment regularly

Fire Safety Risk Assessments

In order to comply with the Regulatory requirements, it is necessary to complete a specific fire related risk assessment. The fire risk assessment takes into consideration all employees and any other persons who may be affected by a fire within the workplace and surrounding areas. The assessment must be documented when more than five people are employed in the workplace.

CFSP can carry out fire risk assessments checking that principles of prevention have been applied.

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