4 - Risk Matrix.xlsx - Risk Assessment Matrix \u2013 Level of Risk Risk Matrix Conseq People Reputation Injuries or ailments not requiring medical

4 - Risk Matrix.xlsx - Risk Assessment Matrix u2013 Level...

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Risk Assessment Matrix – Level of RiskRisk MatrixPeopleReputationInternal ReviewBusiness Process & SystemsFinancial1% of Budget2.5% of Budgetor <$5Kor <$50KLIKELIHOODInsignificantMinorAlmost CertainMediumHighLikelyMediumHighPossibleLowMediumUnlikelyLowLowRareLowLowLEGENDEHMMRisk: DescriptionLikelihoodConsequenceResultChemical exposureLikelyMajorVery HighEmployee occupational injuriesLikelyMajorVery HighDamage to customer propertyPossibleModerateHighThird-party bodily injuriesPossibleMajorHighDamage to your equipmentUnlikelyMinorLow- If you don't properly store chemicals, your business could be on the hook for pollution damages.Injuries or ailments not requiring medical treatment.Minor injury or First Aid Treatment Case.Scrutiny required by internal committees or internal audit to prevent escalation.Minor errors in systems or processes requiring corrective action, or minor delay without impact on overall schedule.Policy procedural rule occasionally not met or services do not fully meet needs.
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  • Spring '19
  • Injury, INTERNAL REVIEW

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