Risk Descriptors: as per AS/NZS 4360:2004 Risk Management LIKELIHOOD - How likely is it to occur at this event? Example description of Likelihood Level Descriptor of occurrence for the event Is expected to occur in most A Almost certain circumstances Will probably occur in most B Likely circumstances C Possible Might occur at some time CONSEQUENCE -What is likely to be the impact on the Event? D Unlikely Could occur at some time May occur but only in exceptional Level Descriptor Example Detail Description Likely Impacts on Event E Rare circumstances No injuries 1 Insignificant Low financial loss First aid treatment On-site release of chemical immediately contained 2 Minor Temporary halt of event Medium financial loss Medical treatment required On-site release of chemical contained with outside assistance Moderate 3 Temporary halt of event requiring outside assistance (e.g. fire, police, ambulance) Major financial loss Extensive injuries Off-site release of chemical with no detrimental effects 4 Major Complete halt of event requiring investigation and outside assistance (e.g. fire, police, ambulance, WH & S QLD; DERM) Major financial loss Death Toxic release off-site with detrimental effect 5 Catastrophe Complete halt of event with investigation and potential prosecution (e.g. fire, police, ambulance, WH & S QLD; DERM) Catastrophic financial loss
Risk Descriptors: as per AS/NZS 4360:2004 Risk Management LIKELIHOOD - How likely is it to occur at this event? Level Descriptor Example description of Likelihood of occurrence for the event A Almost certain Is expected to occur in most circumstances B Likely Will probably occur in most circumstances C Possible Might occur at some time D Unlikely Could occur at some time E Rare May occur but only in exceptional circumstances CONSEQUENCE -What is likely to be the impact on the Event? Level Descriptor Example Detail Description Likely Impacts on Event 1 Insignificant No injuries Low financial loss 2 Minor First aid treatment On-site release of chemical immediately contained Temporary halt of event Medium financial loss 3 Moderate Medical treatment required On-site release of chemical contained with outside assistance Temporary halt of event requiring outside assistance (e.g. fire, police, ambulance) Major financial loss 4 Major Extensive injuries Off-site release of chemical with no detrimental effects Complete halt of event requiring investigation and outside assistance (e.g. fire, police, ambulance, WH & S QLD; DERM) Major financial loss 5 Catastrophe Death Toxic release off-site with detrimental effect Complete halt of event with investigation and potential prosecution (e.g. fire, police, ambulance, WH & S QLD; DERM) Catastrophic financial loss
F805_019%20FM%20Event_Safety_Checklist_V1_11.docx