Risk Assessment Calculator
Evaluate and score potential hazards by calculating risk levels based on likelihood and severity. Use this tool to prioritize safety measures and improve workplace safety.
Risk Assessment Results
| Hazard Description | - |
|---|---|
| Risk Score | 0 |
| Risk Level | - |
| Risk Priority | - |
| Recommended Action | - |
Risk Matrix
| Severity \ Likelihood | 1 (Rare) | 2 (Unlikely) | 3 (Possible) | 4 (Likely) | 5 (Almost Certain) |
|---|---|---|---|---|---|
| 5 (Catastrophic) | 5 | 10 | 15 | 20 | 25 |
| 4 (Major) | 4 | 8 | 12 | 16 | 20 |
| 3 (Moderate) | 3 | 6 | 9 | 12 | 15 |
| 2 (Minor) | 2 | 4 | 6 | 8 | 10 |
| 1 (Negligible) | 1 | 2 | 3 | 4 | 5 |
About Risk Assessment Calculator
Risk assessment is a systematic process of evaluating potential risks that may be involved in a projected activity or undertaking. The risk assessment calculator helps you quantify risks by considering both the likelihood of occurrence and the severity of consequences.
How to Calculate Risk
To calculate the risk score:
- Identify the hazard: Clearly describe the potential hazard or dangerous situation.
- Assess likelihood: Determine how likely it is for the hazard to occur (1-5 scale).
- Assess severity: Determine how severe the consequences would be if the hazard occurs (1-5 scale).
- Calculate risk score: Multiply likelihood by severity to get the risk score (1-25).
- Evaluate risk level: Use the risk matrix to determine the risk level (Low, Medium, High).
- Determine actions: Based on the risk level, decide on appropriate control measures.
Risk Scoring System
| Risk Score | Risk Level | Priority | Action Required |
|---|---|---|---|
| 1-4 | Low | Low | May be acceptable with monitoring. No additional controls required unless justified. |
| 5-9 | Medium | Medium | Additional controls may be required. Consider whether the risk can be lowered. |
| 10-25 | High | High | Immediate action required. Do not proceed until risk is reduced. Consider stopping activity. |
Why Risk Assessment Matters
Risk assessments help organizations:
- Identify potential hazards before they cause harm
- Evaluate the effectiveness of existing controls
- Prioritize resources to mitigate the most significant risks
- Comply with legal and regulatory requirements
- Improve safety culture and awareness
Regular risk assessments are a cornerstone of effective health and safety management systems and are required by occupational health and safety legislation in most jurisdictions.