Risk Matrix

PROBABILITY X SEVERITY = RISK RATINGRisk Rating 1-4 are low risk requiring action within 6 months.
PROBABILITY is rated 1 - 5Risk Rating 5-9 are medium risk and require action within one month
SEVERITY is rated 1 - 5Risk Rating 10-25 are high risk and require immediate remedial action.

Probability


  Severity
  Heard of, but not in this company Incident has occurred here very rarely Infrequent event Happens several times a year Very likely to occur
1 Slight injury/ health concern 1 2 3 4 5
2 Minor injury requiring first aid treatment 2 4 6 8 10
3 Three day lost time injury or illness 3 6 9 12 15
4 Major Injuiry - fracture - amputation - serious illness 4 8 12 15 20
5 Fatality on site and off site from APC activities 5 10 15 20 25

RISK RATING = Probability x Severity, therfore risk rating varies between 1 & 25, with 25 the greatest risk rating. See risk Matrix above.