Risk vs Risks
In the April 2014 issue of the Synergist, AIHA published an article I wrote entitled
Risk vs. Risks – Risk Assessment Lessons from Weather Forecasting. This article discusses the three different but related concepts that individuals associate with the term risk:
- Probability – What is the risk?
- Relevance – Is the risk important to me?
- Significance – How much do I care about the risk?
It is difficult to draft requirements related to risk – as we are attempting to do in ISO 45001 – when there is a lack of clarity and consensus about what the word “risk” means.
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