Risk Assessment application

You can identify the hazards that are associated with work operations and assess their risk. You can control work according to its risk, identify risks in job plans, and assess the risks that are associated with incidents and management of change records.

You can associate risk assessments with specific classifications. You can specify the attributes of a classification for each risk assessment that you want to use it with. You can define standardized formats to conduct risk assessments. You can access the Classifications application from this application, and modify the Use With settings to associate risk assessments with classifications. You can use the same classifications for risk assessments at different sites and organizations to improve the consistency of the risk assessment process.

You can add reviewers and approver to a complex risk assessment for a multi-stage review and approval process. You can also add the members of the Assessment team, and their roles. The Assessment team can consist of a few members of the technical staff, such as a team leader and an assessor. It might also be one technical authority, such as a team member. The Assessment team identifies the checklist of actions or the standardized group to actions to take to mitigate the potential hazards at a plant. The Assessment team is distinct from the reviewers and approver of the risk assessment.

Starting in 9.2, assign inspections to specific individuals or groups to reduce unnecessary downloads of unassigned inspections to mobile devices. New fields in the inspection results identify the assigned owner and owner group for each inspection. The application uses this information to route inspections to the appropriate person. For more information, see Assigning inspections.

Additionally, you can review the status history, and the ownership history of a risk assessment.

To mitigate the potential hazards at a plant, you can specify a checklist of actions.

To evaluate cumulative operational risk, you can add a summary of the hazards that are identified, and the total score that is assigned to the hazards. You can also include the associated actions that are to be reviewed and their responses.

The enterprise risk matrix, which you define in the Risk Matrix application, is used to assign risk ratings to the work.