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What does do not perform experiments unless instructed by your teacher?

Do not perform experiments unless You might cause an accident because of something instructed by your teacher. Chemicals, even water, can pose hazards; acids can If anything spills, call your teacher burn, incompatible chemicals may cause fires; liquid immediately.

What is the first step after identifying a hazard?

  1. Step 1: Identify the hazards. In order to identify hazards you need to understand the difference between a ‘hazard’ and ‘risk’.
  2. Step 2: Decide who might be harmed and how.
  3. Step 3: Evaluate the risks and decide on control measures.
  4. Step 4: Record your findings.
  5. Step 5: Review your assessment and update as and when necessary.

What is the process of identifying a hazard?

Identify hazards and risk factors that have the potential to cause harm (hazard identification). Analyze and evaluate the risk associated with that hazard (risk analysis, and risk evaluation). Determine appropriate ways to eliminate the hazard, or control the risk when the hazard cannot be eliminated (risk control).

What are the five principles of risk management?

The five basic risk management principles of risk identification, risk analysis, risk control, risk financing and claims management can be applied to most any situation or problem.

What are the 3 levels of risk?

We have decided to use three distinct levels for risk: Low, Medium, and High.

How do you classify risks?

Internal risks are classified into three categories; Operational Risk – that is, relating to the day to day operations of the firm • Strategic Risk, relating to the strategic decisions and directions of the organisation. Reputational Risk – relating to potential loss from damage to a firm’s reputation or standing.

What is a 5×5 risk matrix?

Because a 5×5 risk matrix is just a way of calculating risk with 5 categories for likelihood, and 5 categories severity. Each risk box in the matrix represents the combination of a particular level of likelihood and consequence, and can be assigned either a numerical or descriptive risk value (the risk estimate).