Table 2 - Likelihood Is expected to in most Almost 5 >1 in 10 Certain circumstances 4 1 in 10 100 Will probably occur Likely – 1 in 100 – 3 Might occur at some time in the future Possible 1000 1 in 1000 Could occur but considered unlikely or – 2 Unlikely 10000 doubtful 1 in 10000 - May occur in exceptional Likelihood 1 Rare 100000 circumstances Could only occur under specific Extremely 0 < 1 in 100000 conditions and extraordinary Rare circumstances Table 3 Risk Rating – Consequence 0 1 2 3 4 5 Almost 5 5 6 7 8 9 10 Certain Likely 4 4 5 6 7 8 9 Possible 3 3 4 5 6 7 8 Unlikely 2 2 3 4 5 6 7 Likelihood Rare 1 1 2 3 4 5 6 Extremely 0 0 1 2 3 4 5 Rare Untreated Risk Scores 8,9,10 (Extreme risk) - Task is not permitted. Risk controls are required to ensure residual risk is acceptable. 6,7 (High risk) - Task is not permitted. Risk controls are required to ensure residual risk is acceptable. 4,5 (Medium risk) - Task may proceed, however, risk must be reduced to ‘as low as reasonably practicable’ (ALARP). 1,2,3 (Low risk) - Task may proceed.
Table 2 - Likelihood Likelihood Almost Certain 5 >1 in 10 Is expected to in most circumstances Likely 4 1 in 10 – 100 Will probably occur Possible 3 1 in 100 – 1000 Might occur at some time in the future Unlikely 2 1 in 1000 – 10000 Could occur but considered unlikely or doubtful Rare 1 1 in 10000 - 100000 May occur in exceptional circumstances Extremely Rare 0 < 1 in 100000 Could only occur under specific conditions and extraordinary circumstances Table 3 – Risk Rating Consequence 0 1 2 3 4 5 Likelihood Almost Certain 5 5 6 7 8 9 10 Likely 4 4 5 6 7 8 9 Possible 3 3 4 5 6 7 8 Unlikely 2 2 3 4 5 6 7 Rare 1 1 2 3 4 5 6 Extremely Rare 0 0 1 2 3 4 5 Untreated Risk Scores 8,9,10 (Extreme risk) - Task is not permitted. Risk controls are required to ensure residual risk is acceptable. 6,7 (High risk) - Task is not permitted. Risk controls are required to ensure residual risk is acceptable. 4,5 (Medium risk) - Task may proceed, however, risk must be reduced to ‘as low as reasonably practicable’ (ALARP). 1,2,3 (Low risk) - Task may proceed.
sample-operations-manual-feb-6-2017-wfeyniqqqxjd.docx