Module 16 2022

What is the Aim here? The aim of the Risk Management process is to establish if "the benefits of the intended use outweigh this residual risk" , otherwise the risk remains unacceptable

SEVERITY of Harm

Very Low Low Moderate High Very High

Very High MEDIUM HIGH HIGH HIGH HIGH

High MEDIUM MEDIUM HIGH HIGH HIGH

Moderate LOW MEDIUM MEDIUM HIGH HIGH

Low LOW LOW MEDIUM MEDIUM HIGH

Very Low LOW LOW LOW MEDIUM MEDIUM

Probablity of OCCURRENCE of Harm

Mitigation from controls

Tolerable Region

Inherent Risk

Residual Risk

20

Business Use Only