In safety and risk assessment, what two...

In safety and risk assessment, what two...

Question 1 of 31048mkfqAmMxzdEsQYRLmFc2

In safety and risk assessment, what two factors are used to evaluate a hazard's risk?

Question 1 of 31048

Q

In safety and risk assessment, what two factors are used to evaluate a hazard's risk?

🔍 Key Concepts

• Risk = likelihood x consequence in most maritime safety and risk models • How safety management systems (like ISM Code) think about hazard, likelihood, and severity • Difference between personal consequences (punishment) and objective risk factors

💭 Think About

• When assessing a hazard before anything happens, what two things can you realistically estimate? Think about how bad it could be and how often it might happen. • Look at which choices talk about safety impact on people/ship/environment versus which talk about getting in trouble or being caught. • Ask yourself: what do formal risk matrices on ships usually put on the two axes?

✅ Before You Answer

• Make sure the two factors are both about the hazard itself, not about company discipline or being caught. • Confirm that one factor relates to how serious the outcome could be (minor vs catastrophic). • Confirm that the other factor relates to how likely it is to happen (rare vs frequent).