RISK ASSESSMENT CALCULATOR Issue Number: 1 Page: 1 of 1 This form to be used when filling RA 01 & RA 02
Step 1. Determine Likelihood
Likelihood Description Almost Certain (AC) Common or frequent occurrence (i.e. More than once per month) Likely (L) Is known to occur or “it has happened” (i.e. Less than once per month, but more than once per year) Could occur or “I’ve heard of it happening” Possible (P) (i.e. Less than once per year, but more than once per 5 years) Unlikely (U) Not likely to occur (i.e. Less than once per 5 years) Rare (R) Practically impossible (i.e. Unlikely to ever recur)
Step 2. Determine Consequence
Consequence Rating People Consequence Plant, Operational & Environmental Consequences More than MRU 1,000,000 damage. Major disruption to operation. Major environmental Catastrophic (C) Death damage. MRU 10,000 - MRU 1,000,000 damage. Damage control or SOPEP applied. Major Major (Ma) Lost time injury or illness ondoard release or minor release to surrounding environment. MRU 5,000 - MRU 10,000 damage. Moderate disruption to operation. Moderate on Moderate (Mo) Medical treatment deck release contained. MRU 1,000 - MRU 5,000 damage. Slight disruption to operation. Minor onboard release Minor (Mi) First aid injury immediately contained.
Insignificant (I) No injury Under MRU 1,000 damage. Minimal disruption to operation. No environmental impact.
Step 3. Calculate Risk
Likelihood Consequences Insignificant (I) Minor (Mi) Moderate (Mo) Major (Ma) Catastrophic (C) Almost Certain (AC) Serious Serious High High High Likely (L) Moderate Serious Serious High High Possible (P) Low Moderate Serious High High Unlikely (U) Low Low Moderate Serious High Rare (R) Low Low Moderate Serious Serious