Q&A: what is the defination of risk from industrial safety point of view?

Question by shd: what is the defination of risk from industrial safety point of view?
risk and risk management


Best answer:
Answer by EckoRisk is the probability of some hazard causing injury or damage. Often mentioned are adverse effect on people, plant or costs.

A qualitative risk assessment usually involves a matrix with the likelihood versus the consequences to obtain the risk, from which a decision on management of the risk is taken. The second link below has an

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