3.1 Evaluate the identified operational risk factors in terms of the scales below and determine the probability of the inherent risk (before the control measures): (4 marks)

Likelihood scale: Likelihood of the event occurring:

1 - Unlikely

2 - Likely

3 - Highly likely

Impact scale: Potential impact of the risk event

1 - Low impact (not serious)

2 - Medium impact (Injuries)

3 - Catastrophic (Serious injury/death)

3.2 Determine the residual risk after the implementation of the control measures, using the same scale mentioned above. (4 marks)

You can make your own assumptions regarding the ratings and clearly represent this information in a table format for both questions.

Question 4 (12 x Marks)

4.1 Explain the use of a typical risk map in terms of the four quadrants and the possible decisions that can be taken. (4 marks)

4.2 Plot the inherent risks identified in question 3 on the map and briefly explain the reasoning behind the position of each risk. (8 marks)

(You can make your own assumptions where necessary)