Question
- Categorise the risk according to appropriate risk category . - Analyse the risks. As a general guideline, the risks should be analysed in terms
- Categorise the risk according to appropriate risk category .
- Analyse the risks. As a general guideline, the risks should be analysed in terms of its likelihood and impact (frequency and severity). Provide justifications for your analysis. e.g.: Risk of A Likelihood / Frequency : High [HF] You will provide explanation why do you say it is a high frequency event Impact / Severity : Low [LS] You will provide justification why do you say/think it is a low impact event Explanations / justifications must be rational and logic. Simple gut feeling or because I think so and un-supported assumptions are unacceptable.
TABLE: RISK IDENTIFICATION SUMMARY (Salon business operation risks):
1. Short circuit (switch fully plugged) 2. Victim of crime(No cctv, no door sensor, no door alarm and door always remains open) 3. Hairdresser wearing slippers while working (injury) 4. Hanging iron rod at outside of building (may fall and hit people)
Risk Identified Risk Type of Analysis Note to Category? Exposure Likelihood? Impact? Appendix (your evidence) of Unpredictable Human Low High Appen. #1 asset exposure a. Death business owner 1. 2. Risk Identified Risk Type of Analysis Note to Category? Exposure Likelihood? Impact? Appendix (your evidence) of Unpredictable Human Low High Appen. #1 asset exposure a. Death business owner 1. 2
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