Importance of Risk Assessment at Your Facility

An in depth Risk Assessment of your facility can save the
company from unnecessary accidents and injuries that can be very costly.  Risk Management starts by working with a Risk
Consultant to evaluate the potential hazards present at your company’s job
site.  The extensively trained Consultant
will scrutinize each area of the facility and analyze the probability of an
incident occurring.

An in depth Risk Assessment of your facility can save the
company from unnecessary accidents and injuries that can be very costly.  Risk Management starts by working with a Risk
Consultant to evaluate the potential hazards present at your company’s job
site.  The extensively trained Consultant
will scrutinize each area of the facility and analyze the probability of an
incident occurring.

 

This scientific process determines a company’s exposure to
risk and potential for harmful conditions for the workers in the immediate
area.  The specific risks may vary across
different industries but may be hazard or flood risk.  Hazard Risks could be of the inherent dangers
of working with the hazard or the misidentification of the hazard the employee
is working with.  It is important that
each employee has the proper training to know and understand the different
risks of each potential hazard.  Flood
Risk could be increased by being physically located in a flood plain or not
having an implementable flood plan. 

 

The cost saved per year by the company can substantially
outweigh any cost incurred by hiring the Consultant.  Each averted risk could cost large sums to
recover from the physical damage, or have cost due to lack of production during
the incident.  The lower production
increases cost per unit and may result in clients leaving due to a lack of
faith that a product can be created in a period of time.  The lost clients would compound an already
difficult situation and may not return even after production resumes.

 

A Risk Assessment of your company can save unnecessary cost
down the road by mitigating or even eliminating some hazards through Risk
Management.  Click here to start working
with a consultant to have your company evaluated for risks.  The detailed Risk Assessment is as important
as the Risk Management plan to lower the potential for the risks
occurring.  Different Industries have challenges
that are specific and unique.  The
Consultant can work with your company to diminish or alleviate the potential
risk all together.  Threats could be to
the employee’s safety, environment, or equipment.  Any of these areas could have devastating effects
that would be difficult for any company to recover from.  The Risk Management plan allows for solutions
to be implemented to safe guard the company against unnecessary events from
occurring.  The highly trained Consultant
has special training for the identification and knowledge to implement solutions
to lower the probability of the risk occurring. 

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