Risk And Its Control
WHAT IS RISK Risk is a potential or a situation in which one gains or losses something valuable......valuables (such as physical health , social status , emotional well-being or financial wealth) can be gained or lost when taking risk r esulting from a given action or inaction, foreseen or unforeseen. Risk is an uncertainty which is a potential, unpredictable, and uncontrollable outcome. risk is a consequence of action taken in spite of uncertainty. As part of managing the health, safety and environment of our business, we must control the risks at workplace. To do this we need to think about what might cause harm to people and decide whether you are taking reasonable steps to prevent that harm. This is known as risk assessment and it is something you are required by law to carry out. NOTE: A risk assessment is not about creating huge amounts of paperwork , but rather about identifying sensible me...