Risk quantification | Ken and Phil's Health and Safety Podcast - E03
In this episode, Ken and Phil look at risk quantification. They break down the essentials of risk assessments, explaining why they’re vital for keeping your workplace safe. Ken and Phil discuss real-world examples, covering terms like significant and foreseeable risks, and what’s legally required.
00:00:00 – Introduction
00:00:35 – What is risk quantification?
00:01:25 – Defining hazards and risks
00:02:18 – Understanding significant and foreseeable risks
00:03:42 – Prioritising hazards in risk assessments
00:05:18 – Tolerable levels of risk explained
00:07:18 – Importance of reviewing risk assessments regularly
00:10:04 – Categories of hazards
00:13:04 – Current controls and risk levels
00:16:05 – Summary of risk quantification regulations