University:
Boston University
Course:
QST MO 221 | The Dynamics of Leading Organizations
Academic year:

2020
Views:

369

Pages:

1
Author:

Maximus Barr

SEVERITY FACTOR CHART OUTCOME SEVERITY Catastrophic (I) Critical (II) Accident Risk: Death or permanent disability Facility Risk: Major property damage, destruction of equipment and physical plant Accident Risk: Permanent partial disability Facility Risk: Extensive equipment damage and supporting systems Marginal (III) Accident Risk: Lost days due to injury or illness Facility Risk: Minor damage to equipment of systems Negligible (IV) Accident Risk: First aid usage or minor medical treatment Facility Risk: Slight equipment or system damage RISK ASSESSMENT MATRIX HAZARD Frequent Severity A Catastrophic I EH Critical II EH Marginal III H Negligible IV M EH—Extremely High Risk H—High Risk M—Moderate Risk L—Low Risk HAZARD PROBABILITY Likely Occasional Seldom B C D EH H H H H M M M L L L L Unlikely E M L L L RISK ASSESSMENT CODE CHART RISK ASSESSMENT CODE Extremely High Risk EXPLANATION Likely catastrophic loss High Risk Likely critical loss and frequent marginal loss Moderate Risk Occasional marginal loss and frequent negligible loss Low Risk Unlikely marginal loss and occasional negligible loss